Star Jets International, a US private jet charter company based in New York City, has booked $6 million in revenues, an all time record, for the first half of 2021. And, for the second quarter ending June 30, 2021, the firm booked $2,372,000 in revenues. The company is continuing a growth trend as the demand for private air travel is not showing any signs of slowing down.
Star Jets expects continued growth throughout the remainder of 2021. Health concerns related to COVID-19 continue to remain a primary reason for the uptick in private travel demand. Also, the company's first-time passengers have rapidly become repeat customers who enjoy the new-found benefits of convenience and luxury of private air travel.
In additional to its continued growth, Star Jets has signed a letter of intent to purchase a Gulfstream IV-SP aircraft. The company anticipates this aircraft could bring an additional $5-6 million per year in annual revenues.
CEO Ricky Sitomer shares: “We are proud to announce our all time records in revenues during the first half of 2021. Our growth continues in the private jet industry, and the demand for private jets is skyrocketing. The company expects demand to continue to grow for many years to come. Many travellers who have been sitting on the sidelines and have now received the Covid vaccine, are looking to get away after being cooped up for so long. We look forward to our continued success and our hard work serving our clients with all of their private travel needs.”
In addition, the company is in the midst of an audit for 2019 and 2020, in order to up-list to OTC Markets' OTCQB in the next few weeks.