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Jet.AI Set to Push the Boundaries of Aviation Technology with Enhanced AI Capabilities

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Jet.AI Inc. (NASDAQ: JTAI) has announced significant advancements in its AI-driven software offerings, CharterGPT and Reroute AI. These enhanced features are set to debut at the 2024 NBAA Business Aviation Convention & Exhibition, with rollouts planned through November 2024.

CharterGPT is integrating voice capabilities and enhanced comprehension, enabling it to listen, understand, and execute booking requests efficiently. Reroute AI will autonomously scan and match empty leg inventory with consumer trip requests, connecting directly with aircraft operators.

Jet.AI Founder and Executive Chairman Mike Winston emphasized the company's vision of making machine interaction highly useful before human interaction. The company invites guests to experience these AI solutions at NBAA 2024 booth #955, with demos available for scheduling.

Jet.AI Inc. (NASDAQ: JTAI) ha annunciato significativi progressi nelle sue offerte software basate su intelligenza artificiale, CharterGPT e Reroute AI. Queste funzionalità migliorate debutteranno alla 2024 NBAA Business Aviation Convention & Exhibition, con lanci previsti entro novembre 2024.

CharterGPT integra capacità vocali e una comprensione migliorata, permettendogli di ascoltare, comprendere ed eseguire richieste di prenotazione in modo efficiente. Reroute AI scandaglierà autonomamente e abbinerà l'inventario di voli vuoti con le richieste di viaggio dei consumatori, collegandosi direttamente con gli operatori aerei.

Il fondatore e presidente esecutivo di Jet.AI, Mike Winston, ha sottolineato la visione dell'azienda di rendere l'interazione con le macchine estremamente utile prima dell'interazione umana. L'azienda invita gli ospiti a scoprire queste soluzioni di intelligenza artificiale allo stand #955 NBAA 2024, con dimostrazioni disponibili per la prenotazione.

Jet.AI Inc. (NASDAQ: JTAI) ha anunciado avances significativos en sus ofertas de software impulsadas por inteligencia artificial, CharterGPT y Reroute AI. Estas funciones mejoradas debutarán en la Convención y Exhibición de Aviación de Negocios NBAA 2024, con lanzamientos programados hasta noviembre de 2024.

CharterGPT está integrando capacidades de voz y comprensión mejorada, lo que le permite escuchar, entender y ejecutar solicitudes de reserva de manera eficiente. Reroute AI escaneará y emparejará de forma autónoma el inventario de vuelos vacíos con las solicitudes de viaje de los consumidores, conectándose directamente con los operadores de aeronaves.

El fundador y presidente ejecutivo de Jet.AI, Mike Winston, enfatizó la visión de la empresa de hacer que la interacción con las máquinas sea muy útil antes de la interacción humana. La empresa invita a los invitados a experimentar estas soluciones de IA en el stand #955 NBAA 2024, con demostraciones disponibles para programar.

Jet.AI Inc. (NASDAQ: JTAI)는 AI 기반 소프트웨어 제공인 CharterGPT 및 Reroute AI의 중요한 발전을 발표했습니다. 이러한 강화된 기능은 2024 NBAA 비즈니스 항공 컨벤션 및 전시회에서 데뷔할 예정이며, 2024년 11월까지 출시가 계획되어 있습니다.

CharterGPT는 음성 기능과 향상된 이해력을 통합하여 예약 요청을 효율적으로 듣고 이해하며 실행할 수 있습니다. Reroute AI는 비행기 운영자와 직접 연결하여 비어있는 경로 재고를 소비자 여행 요청과 자율적으로 스캔하고 매치합니다.

Jet.AI의 창립자이자 회장인 Mike Winston은 기계 상호작용이 인간 상호작용보다 매우 유용하게 만들어지는 비전을 강조했습니다. 회사는 손님들이 NBAA 2024 부스 #955에서 이러한 AI 솔루션을 체험해 보도록 초대하며, 데모 예약이 가능합니다.

Jet.AI Inc. (NASDAQ: JTAI) a annoncé des avancées significatives dans ses offres de logiciels alimentés par l'IA, CharterGPT et Reroute AI. Ces fonctionnalités améliorées devraient faire leurs débuts lors de la Convention et Exposition de l'Aviation d'Affaires NBAA 2024, avec des lancements prévus jusqu'en novembre 2024.

CharterGPT intègre des capacités vocales et une compréhension améliorée, lui permettant d'écouter, de comprendre et d'exécuter efficacement les demandes de réservation. Reroute AI va scannér et faire correspondre de manière autonome l'inventaire des vols vides avec les demandes de voyage des consommateurs, se connectant directement aux opérateurs d'aéronefs.

Le fondateur et président exécutif de Jet.AI, Mike Winston, a souligné la vision de l'entreprise de rendre l'interaction machine très utile avant l'interaction humaine. L'entreprise invite les invités à découvrir ces solutions d'IA au stand #955 NBAA 2024, avec des démonstrations disponibles pour la planification.

Jet.AI Inc. (NASDAQ: JTAI) hat bedeutende Fortschritte bei seinen KI-gestützten Softwareangeboten CharterGPT und Reroute AI bekannt gegeben. Diese verbesserten Funktionen werden auf der 2024 NBAA Business Aviation Convention & Exhibition präsentiert, mit Rollouts, die bis November 2024 geplant sind.

CharterGPT integriert Sprachfähigkeiten und verbesserte Verständlichkeit, wodurch es in der Lage ist, Buchungsanfragen effizient zuzuhören, zu verstehen und auszuführen. Reroute AI wird autonom leerstehende Flugzeugverfügbarkeiten mit Verbraucherreiseanfragen scannen und abgleichen und direkt mit Flugzeugbetreibern verbinden.

Der Gründer und Executive Chairman von Jet.AI, Mike Winston, betonte die Vision des Unternehmens, die Maschineninteraktion vor der menschlichen Interaktion äußerst nützlich zu gestalten. Das Unternehmen lädt Gäste ein, diese KI-Lösungen am NBAA 2024 Stand #955 zu erleben, wobei Demos zur Planung verfügbar sind.

Positive
  • Introduction of advanced AI capabilities in CharterGPT and Reroute AI
  • Potential to accelerate operator response times in private aviation bookings
  • Autonomous connection with aircraft operators for improved efficiency
  • Scheduled debut at a major industry event (NBAA 2024) for increased visibility
Negative
  • None.

Insights

Jet.AI's advancements in AI-driven software for private aviation represent a significant leap forward in the industry. The integration of voice capabilities and enhanced comprehension in CharterGPT could potentially streamline the booking process, addressing a key pain point in private aviation. This could lead to improved customer satisfaction and operational efficiency.

Reroute AI's ability to autonomously match trip requests with empty leg inventory is particularly noteworthy. This feature has the potential to optimize fleet utilization and reduce empty flights, which could translate to cost savings and increased revenue for operators. However, the success of these AI solutions will largely depend on their accuracy and reliability in real-world scenarios.

While these innovations are promising, it's important to note that they are still in the final QA stages. The true impact on Jet.AI's business will become clearer after the full rollout and adoption by customers. Investors should monitor the reception at the NBAA 2024 event and subsequent user feedback to gauge the market potential of these AI solutions.

The private aviation market is ripe for technological disruption and Jet.AI's AI-driven solutions could position the company as a leader in this space. The global private jet market was valued at $25.87 billion in 2022 and is projected to grow at a CAGR of 5.4% from 2023 to 2030. Jet.AI's innovations could capture a significant portion of this growing market.

However, the company's market cap of $3.49 million suggests it's still a small player. The success of these AI solutions could be a game-changer, potentially leading to partnerships with larger aviation companies or increased market share. Investors should watch for key performance indicators post-launch, such as user adoption rates, booking efficiency improvements and any impact on revenue or profitability.

While the technology sounds promising, it's important to remember that the aviation industry is highly regulated. The implementation and acceptance of AI-driven booking and routing systems may face regulatory hurdles or resistance from traditional industry players. The company's ability to navigate these challenges will be critical to its long-term success.

Las Vegas, NV, Oct. 15, 2024 (GLOBE NEWSWIRE) -- Jet.AI Inc. ("Jet.AI" or the "Company") (NASDAQ: JTAI), an innovative private aviation and artificial intelligence company, today announced significant advancements in its AI-driven software offerings — CharterGPT and Reroute AI. The new features are in their final QA cycles before release, set to debut at the 2024 NBAA Business Aviation Convention & Exhibition, with rollouts planned from now through November 2024.

CharterGPT: Ushering in the Era of Human-Like Interaction

Jet.AI's CharterGPT is breaking new ground by integrating voice capabilities and enhanced comprehension. The product’s AI agent is expected to be capable of listening, understanding, and carrying out booking requests with remarkable accuracy and efficiency. This innovation is expected to accelerate operator response times, a traditional bottleneck in the bespoke process of chartering a plane or an empty leg.

Reroute AI: Trip Request Finding, Matching, and Booking

Reroute AI continually scans the inventory of empty legs in the US to find reroute candidates to match with a consumer trip request. Like CharterGPT, Reroute AI t is expected to autonomously connect with aircraft operators; that marks a significant advancement in travel tech.

"Our vision is to make machine interaction as useful as possible before eventual and critical human interaction," said Jet.AI Founder and Executive Chairman Mike Winston. "In a fascinating demo, I found myself conversing with an AI version of myself, using a near-perfect replica of my own voice and capable of booking requests. The experience offered a glimpse of a future where interacting with a well-informed AI feels more advantageous than speaking with a person. Our AI is expected to carry out tasks traditionally delegated to humans to generate revenue, particularly on the back end. This technology is an extension of ourselves.”

Experience the Future at NBAA 2024

Jet.AI invites guests to discover these pioneering AI solutions at the NBAA Business Aviation Convention & Exhibition 2024 booth #955. Demos showcasing these capabilities are scheduled, marking the beginning of a new chapter in private aviation, with full features rolling out from now through November 2024.

To schedule a demo, use the following Calendly link: https://calendly.com/jake-eyeq/reroute-demo

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.

Safe Harbor Statement

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 Statements, 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:
Gateway Group, Inc.
949-574-3860
Jet.AI@gateway-grp.com


FAQ

What new AI features is Jet.AI (JTAI) introducing in 2024?

Jet.AI (JTAI) is introducing enhanced AI capabilities for CharterGPT and Reroute AI. CharterGPT will feature voice capabilities and improved comprehension for booking requests, while Reroute AI will autonomously match empty leg inventory with consumer trip requests.

When will Jet.AI (JTAI) debut its new AI features?

Jet.AI (JTAI) will debut its new AI features at the 2024 NBAA Business Aviation Convention & Exhibition, with rollouts planned from October through November 2024.

How can investors see a demo of Jet.AI's (JTAI) new AI capabilities?

Investors can see a demo of Jet.AI's (JTAI) new AI capabilities at the NBAA Business Aviation Convention & Exhibition 2024 booth #955. Demos can be scheduled using the Calendly link provided in the press release.

What is the potential impact of Jet.AI's (JTAI) new AI features on the private aviation industry?

Jet.AI's (JTAI) new AI features have the potential to accelerate operator response times, improve booking efficiency, and automate the process of matching empty leg inventory with consumer trip requests, potentially transforming the private aviation industry.

Jet.AI Inc.

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