$JETR - The rising revenues that are being reporte
Post# of 10141
From the news this week:
Star Jets International, Inc. sees booking increases from both its returning clients and new customers with must needed travel options during the pandemic. Specifically, many elderly clients whose immune systems may be compromised, placing them in a high-risk category for contracting the COVID- 19 virus, turn to JETR’s private aviation solutions. While commercial traffic now runs about 15% to 17% of last year’s totals, the private flights industry now sees its current demand up to 70% or more, according to industry data and “Private Jet Card Comparisons (CNBC, June 19, 2020).”
Mr. Sitomer commented, “We are in a great position to both service our long-term customers of Star Jets and introduce new clients to the world of flying private. It just makes sense for people in this time to be seeking out alternative ways to visit loved ones or to travel for pressing business needs, all while staying safe in the process. We look forward to keeping up the momentum and a busy third quarter.”