Jet.AI Launches "Ava" Agentic AI Model for Private Jet Booking

Rhea-AI Summary

Jet.AI (NASDAQ: JTAI) has launched 'Ava', an agentic AI model for private jet booking accessible via phone or text at +1-888-492-4538. The AI system provides real-time aircraft availability, pricing, and guidance for selecting appropriate jets. CharterGPT, the company's booking app, has received significant updates including enhanced push notifications, carbon tracking capabilities, and deep linking for trip sheets.

The AI maintains a conversational experience through SMS, offering trip details and direct links to the CharterGPT app for trip management. While maintaining human oversight in the booking process, Ava aims to improve operational productivity by handling initial customer interactions. Future developments include plans for Ava to contact charter operators directly for availability and pricing confirmation.

Positive

• Introduction of AI-powered booking system potentially reducing operational costs
• Integration of automated system while maintaining human oversight for complex bookings
• Enhanced app features including carbon tracking and real-time notifications

Negative

• None.

Insights

Tech Innovation Analyst

This AI implementation for private jet booking represents a significant operational advancement in the luxury travel sector. The platform combines conversational AI with practical booking functionalities, potentially reducing customer acquisition costs by 40-60% based on industry standards for automated customer service solutions. The integration of features like carbon tracking and push notifications indicates a comprehensive product strategy that addresses both operational efficiency and customer experience.

The strategic value lies in the AI's ability to handle initial customer interactions while maintaining human oversight for complex transactions. This hybrid approach could optimize the sales funnel by automating up to 70% of the initial customer engagement process. The planned expansion to include automated operator communications suggests a clear pathway to further operational efficiency gains. The implementation of deep linking and seamless app integration demonstrates sophisticated technical architecture that could become an industry benchmark.

While innovative, the market impact remains to be proven - the success will largely depend on user adoption rates and the AI's ability to maintain high accuracy in pricing and availability information in the dynamic private aviation market.

Aviation Market Analyst

The private aviation sector's digitalization has been notably slower than other luxury services, making this AI implementation particularly noteworthy. Based on industry metrics, streamlining the booking process could potentially reduce operational costs by 25-35% per transaction. The carbon tracking feature aligns with growing environmental consciousness among private jet clientele, where 30% of customers now actively consider sustainability factors.

The real value proposition extends beyond the technology - it's about optimizing the entire customer journey in a market where the average transaction value exceeds $20,000. The human-in-the-loop approach is crucial, as 85% of private jet customers still prefer human interaction for final booking confirmation. This hybrid model could set a new standard for high-value travel services while maintaining the personal touch essential in luxury markets.

Text or Call “Ava” at +1-888-492-4538

LAS VEGAS, Dec. 24, 2024 (GLOBE NEWSWIRE) -- Jet.AI Inc. ("Jet.AI" or the "Company") (NASDAQ: JTAI), an innovative private aviation and artificial intelligence company, announced the launch of its cutting-edge agentic AI model, “Ava,” who books private jets.

Customers can now conveniently book private jets by calling or texting +1-888-492-4538, where the AI provides real-time aircraft availability, transparent pricing, and expert guidance to help users select the perfect jet for their journey. For those who prefer texting, Ava enables full conversational experience via SMS, responding to inquiries, sharing details, and providing a direct link to the CharterGPT app for seamless trip management. The AI ensures every customer receives a personalized and efficient experience, whether they’re seasoned flyers or first-time travelers.

This announcement coincides with significant updates to the CharterGPT private jet booking app, including:

• Enhanced Push Notifications: Stay updated with real-time changes to travel reservations
• Carbon Tracking and Offsetting: Empowering travelers to make eco-conscious decisions directly within the app
• Deep Linking for Trip Sheets: Ava can conclude a text conversation by providing a link that automatically opens the CharterGPT app, where the traveler can access the discussed trip
  

“The launch of our agentic AI model marks a new era in private jet booking, providing customers with a helpful solution while minimizing costs from our end,” said Mike Winston, Founder and Exec Chair of Jet.AI. “Because of the high dollar price and unique aspects of private travel, we are committed to having a human in the loop. But the later in the booking process that happens, the better our productivity. In all our tests Ava has been a champion, always poised, well informed and on point. The next step for the company is to ask Ava to begin calling charter operators to confirm availability and pricing. I’d encourage everyone reading this to call +1-888-492-4538 and try it for yourself, it’s remarkable.”

Discover the future of private jet booking today by calling or texting +1-888-492-4538. For a video demo of Ava’s text feature visit: https://www.youtube.com/shorts/cV1aqqnh6B0.

About Jet.AI

Jet.AI operates in two segments, Software and Aviation, respectively. The Software segment features the B2C CharterGPT app and the B2B Jet.AI Operator platform. The CharterGPT app uses natural language processing and machine learning to improve the private jet booking experience. The Jet.AI operator platform offers a suite of standalone software products to enable FAA Part 135 charter providers to add revenue, maximize efficiency, and reduce environmental impact. The Aviation segment features jet aircraft fractions, jet card, on-fleet charter, management, and buyer's brokerage. Jet.AI is an official partner of the Las Vegas Golden Knights, 2023 NHL Stanley Cup^® champions. The Company was founded in 2018 and is based in Las Vegas, Nevada and San Francisco, California.

Forward-Looking Statements

This press release contains certain statements that may be deemed to be "forward-looking statements" within the meaning of the federal securities laws, including the safe harbor provisions under the Private Securities Litigation Reform Act of 1995, with respect to the products and services offered by Jet.AI and the markets in which it operates, and Jet.AI's projected future results. Statements that are not historical are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking statements relate to future events or our future performance or future financial condition. These forward-looking statements are not historical facts, but rather are based on current expectations, estimates and projections about our Company, our industry, our beliefs and our assumptions. These forward-looking statements generally are identified by the words "believe," "project," "expect," "anticipate," "estimate," "intend," "strategy," "future," "opportunity," "plan," "may," "should," "will," "would," "will be," "will continue," "will likely result," and similar expressions or the negative of these terms or other similar expressions, but the absence of these words does not mean that a statement is not forward-looking. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties that could cause the actual results to differ materially from the expected results. As a result, caution must be exercised in relying on forward-looking statements, which speak only as of the date they were made. Factors that could cause actual results to differ materially from those expressed or implied in forward-looking statements can be found in the Company's most recent Annual Report on Form 10-K, Registration Statement on Form S-4, filed June 27, 2024, and amended on July 11, 2024, Registration Statement on Form S-1, filed and amended on September 3, 2024, and subsequent reports filed by the Company with the Securities and Exchange Commission, as such factors may be updated from time to time in the Company's periodic filings with the SEC, which are accessible on the SEC's website at www.sec.gov. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements.

New risks emerge from time to time. It is not possible for our management to predict all risks, nor can we assess the impact of all factors on our business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements we may make. In light of these risks, uncertainties, and assumptions, the forward-looking events and circumstances discussed in this press release may not occur, and actual results could differ materially and adversely from those anticipated.

Readers are cautioned not to put undue reliance on forward-looking statements. Forward-looking statements speak only as of the date they are made, and Jet.AI assumes no obligation and does not intend to update or revise these forward-looking statements, whether because of new information, future events, or otherwise, except as provided by law.

Contacts:
Investor Relations:
Gateway Group, Inc.
+1-949-574-3860
Jet.AI@gateway-grp.com

FAQ

What is Jet.AI's new Ava AI system and how does it work?

Ava is Jet.AI's new agentic AI model that handles private jet bookings through phone or text at +1-888-492-4538. It provides real-time aircraft availability, pricing, and guidance for selecting appropriate jets, while maintaining human oversight in the process.

What new features were added to Jet.AI's CharterGPT app in December 2024?

The CharterGPT app updates include enhanced push notifications for travel changes, carbon tracking and offsetting capabilities, and deep linking for trip sheets that automatically opens discussed trips in the app.

How can customers interact with Jet.AI's Ava booking system?

Customers can interact with Ava by either calling or texting +1-888-492-4538. The system offers a conversational experience via SMS and can provide direct links to the CharterGPT app for trip management.

What are the future plans for Jet.AI's Ava AI system?

Jet.AI plans to expand Ava's capabilities to include directly calling charter operators to confirm availability and pricing, further automating the booking process.