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Star Jets International (OTC: JETR) Reports $5.8M First Half Revenue 2024, Prepares for Future Technological AI Enhancements

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Star Jets International (OTC: JETR) reported $5.8 million revenue for the first half of 2024. The company is preparing to integrate advanced AI technology to enhance its operational capabilities, streamline booking processes, and provide personalized client interactions. CEO Ricky Sitomer expressed excitement about this strategic move, which aims to modernize operations and set new industry standards.

Star Jets plans to target high-net-worth individuals and companies to expand its clientele base. The AI integration represents a significant milestone in the company's efforts to leverage technology for growth and efficiency. Management remains committed to up-listing to NASDAQ, which is expected to increase visibility and access to capital markets.

Star Jets International (OTC: JETR) ha riportato un fatturato di 5,8 milioni di dollari per la prima metà del 2024. L'azienda si sta preparando a integrare tecnologie avanzate di intelligenza artificiale per migliorare le proprie capacità operative, semplificare i processi di prenotazione e fornire interazioni personalizzate con i clienti. Il CEO Ricky Sitomer ha espresso entusiasmo per questa manovra strategica, che mira a modernizzare le operazioni e stabilire nuovi standard nel settore.

Star Jets pianifica di puntare a individui e aziende ad alta patrimonio netto per ampliare la propria base di clienti. L'integrazione dell'IA rappresenta un traguardo significativo negli sforzi dell'azienda per sfruttare la tecnologia a favore della crescita e dell'efficienza. La direzione rimane impegnata a salire sul NASDAQ, il che dovrebbe aumentare la visibilità e l'accesso ai mercati dei capitali.

Star Jets International (OTC: JETR) reportó unos ingresos de 5.8 millones de dólares para la primera mitad de 2024. La empresa se está preparando para integrar tecnologías avanzadas de inteligencia artificial para mejorar sus capacidades operativas, simplificar los procesos de reserva y proporcionar interacciones personalizadas con los clientes. El CEO Ricky Sitomer expresó su entusiasmo por este movimiento estratégico, que busca modernizar las operaciones y establecer nuevos estándares en la industria.

Star Jets planea dirigirse a individuos y empresas con alto patrimonio neto para expandir su base de clientes. La integración de la IA representa un hito significativo en los esfuerzos de la empresa para aprovechar la tecnología en pro del crecimiento y la eficiencia. La dirección sigue comprometida con subir al NASDAQ, lo que se espera aumente la visibilidad y el acceso a los mercados de capitales.

스타 제트 인터내셔널 (OTC: JETR)은 2024년 상반기에 을 보고했습니다. 이 기업은 고급 인공지능 기술을 통합하여 운영 능력을 향상시키고, 예약 프로세스를 간소화하며, 개인화된 고객 서비스를 제공할 준비를 하고 있습니다. CEO 리키 시토머는 이러한 전략적 변화에 대해 흥분을 표현했으며, 이는 운영을 현대화하고 산업의 새로운 표준을 설정하는 것을 목표로 합니다.

스타 제트는 고소득 개인 및 기업을 목표로 삼아 고객 기반을 확장할 계획입니다. AI 통합은 기업이 성장과 효율성을 위해 기술을 활용하려는 노력에서 중요한 이정표가 됩니다. 경영진은 NASDAQ에 상장할 의지를 유지하고 있으며, 이는 가시성과 자본 시장 접근성을 증가시킬 것으로 예상됩니다.

Star Jets International (OTC: JETR) a annoncé un chiffre d'affaires de 5,8 millions de dollars pour le premier semestre 2024. L'entreprise se prépare à intégrer des technologies avancées d'intelligence artificielle pour améliorer ses capacités opérationnelles, rationaliser les processus de réservation et fournir des interactions personnalisées avec les clients. Le PDG Ricky Sitomer a exprimé son enthousiasme pour ce mouvement stratégique, qui vise à moderniser les opérations et à établir de nouvelles normes dans l'industrie.

Star Jets prévoit de cibler les individus et les entreprises à haute valeur nette afin d'élargir sa clientèle. L'intégration de l'IA représente une étape significative dans les efforts de l'entreprise pour tirer parti de la technologie au service de la croissance et de l'efficacité. La direction reste engagée à être cotée au NASDAQ, ce qui devrait accroître sa visibilité et son accès aux marchés de capitaux.

Star Jets International (OTC: JETR) berichtete von einem Umsatz von 5,8 Millionen US-Dollar für die erste Hälfte 2024. Das Unternehmen bereitet sich darauf vor, fortschrittliche KI-Technologie zu integrieren, um seine Betriebsabläufe zu verbessern, Buchungsprozesse zu optimieren und personalisierte Kundeninteraktionen anzubieten. CEO Ricky Sitomer äußerte seine Begeisterung über diesen strategischen Schritt, der darauf abzielt, die Abläufe zu modernisieren und neue Branchenstandards zu setzen.

Star Jets plant, vermögende Personen und Unternehmen anzusprechen, um die Kundenbasis zu erweitern. Die Integration der KI stellt einen bedeutenden Meilenstein in den Bestrebungen des Unternehmens dar, Technologie für Wachstum und Effizienz zu nutzen. Das Management bleibt bestrebt, an die NASDAQ aufzusteigen, was die Sichtbarkeit und den Zugang zu den Kapitalmärkten erhöhen soll.

Positive
  • Reported $5.8 million revenue for the first half of 2024
  • Integrating advanced AI technology to enhance operational capabilities
  • Targeting high-net-worth individuals and companies to expand clientele
  • Plans to up-list to NASDAQ for increased visibility and access to capital markets
Negative
  • None.

NEW YORK, Aug. 20, 2024 (GLOBE NEWSWIRE) -- Star Jets International, Inc. (OTC: JETR) ($JETR) ("Star Jets") ("Company"), a leading provider of private jet aviation services, announces the Company had revenue of $5.8 million in the first half of 2024. JETR continues advancing its commitment to delivering exceptional value to its customers and stakeholders while positioning for continued growth.

The Integration of Advanced AI Technology

Management continues to strengthen the overall operations and efficiency and expects the integration of advanced AI technology to transform Star Jets' operational capabilities. A fully integrated AI Platform could enable the Company to enhance its service efficiency, optimize resource management, and elevate the customer experience. By leveraging AI, Star Jets aims to streamline its booking processes, provide personalized client interactions, and efficiently manage its database and knowledge of clients' travel habits.

 "We are excited about the potential that this collaboration holds for Star Jets International," said Ricky Sitomer, CEO of Star Jets International. "Integrating AI technology aligns with our commitment to innovation and our goal of delivering unmatched service excellence to our clients. This strategic move will modernize our operations and technology platforms, automatically target new potential clients, and set a new standard in the private aviation industry."

Targeting High-Net-Worth Individuals and Companies

Star Jets will target high-net-worth individuals and companies for potential client prospects as part of this integration. By identifying and engaging with these premium market segments, Star Jets aims to expand its clientele base, offering exclusive and tailored travel solutions that meet the unique demands of affluent individuals and corporate clients.

Significant Milestone in Technological Advancement

The technology company, renowned for its expertise in AI solutions, specializes in developing software that provides comprehensive data analysis, predictive maintenance, and personalized client communications. This collaboration represents a significant milestone in Star Jets' ongoing efforts to leverage advanced technology to drive growth and operational efficiency. 

Future Prospects and Growth Plans

Star Jets International envisions its AI integration as a cornerstone for future advancements and growth. The Company plans to continually evolve its technological infrastructure to meet the ever-changing demands of the private aviation market. By staying at the forefront of technological innovation, Star Jets remains committed to providing its clients unparalleled service while maintaining operational excellence.

Furthermore, management remains steadfast in its plans to up-list to the NASDAQ. The up-listing milestone is a critical step in management's strategic growth plans and will provide JETR with increased visibility and access to capital markets to fuel long-term objectives.

There is enormous excitement at Star Jets International, and management looks forward to sharing more updates as the Company achieves strategic goals.

About Star Jets International, Inc. (OTC: JETR) ($JETR):

Star Jets International, Inc. (OTCPink: JETR) offers its customers all the advantages of owning a corporate jet without the associated burdens. These includes unprecedented flexibility through access to over 5,000 private jets domestically and 15,000 private jets worldwide. Star Jets executives have nearly 20 years of experience in aviation and marketing, http://starjetsinternational.com/ and https://private-jet-charter-flight.com/. Watch Star Jets International "YouTube" video - https://www.youtube.com/channel/UCJZK4vvDiMNlXE-7g-s11OQ and watch two CNBC commercials about the Company- https://wave.evolphin.com/EVyy7j#.

Star Jets Apple iOS application:
https://apps.apple.com/us/app/star-jets-jetr/id6498715281

Star Jets Google Android application:
https://play.google.com/store/apps/details?id=com.starjet.app

Forward-Looking Statements:

This press release contains forward-looking statements within Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934. In some cases, you can identify forward-looking statements by the following words: "anticipate," "believe," "continue," "could," "estimate," "expect," "intend," "may," "ongoing," "plan," "potential," "predict," "project," "should," "will," "would," or the negative of these terms or other comparable terminology. However, not all forward-looking statements contain these words. Forward-looking statements do not guarantee future performance or results and will not necessarily be accurate indications of when such performance or results are achieved. This press release should be considered in all filings of the Companies contained in the Edgar Archives of the Securities and Exchange Commission at www.sec.gov.

Contact:
Ricky Sitomer
CEO
Star Jets International Inc.
International Plaza
750 Lexington Avenue, 6th Floor
New York, NY 10022
Phone:  855-9-FLYJETS
Fax:  212-658-9810
RS@STARJETSINTL.COM
www.starjetsintl.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/b11f3540-851b-49fd-992c-c0edac0c902a


FAQ

What was Star Jets International's (JETR) revenue for the first half of 2024?

Star Jets International (JETR) reported revenue of $5.8 million for the first half of 2024.

How is Star Jets International (JETR) planning to enhance its operations?

Star Jets International (JETR) is planning to integrate advanced AI technology to enhance its operational capabilities, streamline booking processes, and provide personalized client interactions.

What market segment is Star Jets International (JETR) targeting for growth?

Star Jets International (JETR) is targeting high-net-worth individuals and companies to expand its clientele base and offer tailored travel solutions.

What are Star Jets International's (JETR) plans for stock market listing?

Star Jets International (JETR) management is planning to up-list the company's stock to NASDAQ to increase visibility and access to capital markets.

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