Jet.AI Inc.

Jet.AI Inc. is a U.S.-based private aviation company that combines charter brokerage, aircraft sales and ownership programs, and aircraft management services with a small SaaS layer built around booking and emissions tools. The business was founded in 2018 and operates through a mix of owned, leased, managed, and third-party aircraft, while also selling AI-enabled software such as CharterGPT, Ava, Reroute AI, and DynoFlight.

−109,7 %

−3,3 %

50,0 %

−34,6 %

0.58

0.58

— Jet.AI Inc.
%
Private aviation programs55% Fractional ownership, jet cards, and charter access programs sold to private aviation customers.
Charter and aircraft operations25% Direct charter flights, managed-aircraft operations, and third-party carrier arrangements.
Aircraft sales and brokerage10% Sale of whole aircraft interests and brokerage activity in the private aviation market.
Aircraft management services5% Monthly management and hourly operation services for customer-owned aircraft.
Aviation SaaS5% Software tools for booking optimization and emissions/carbon-removal workflows.

Jet.AI sells to private aviation consumers and aircraft owners who want flexible access to private flying without...

  • Jet card and charter customersprimary

    Buy prepaid flight hours or ad hoc private charter for flexible private travel without aircraft ownership.

  • Fractional ownership clientsprimary

    Purchase aircraft interests to secure guaranteed access and usage hours with lower commitment than full ownership.

  • Aircraft ownerssecondary

    Use management and hourly operation services to outsource fleet operations and maintenance coordination.

  • Aircraft operatorsemerging

    Use SaaS tools like Reroute AI and DynoFlight to improve booking conversion and emissions workflows.

  • Brokerage and direct charter partnerssecondary

    Partners such as Cirrus help market and operate aircraft to generate charter revenue and utilization.

Jet.AI is headquartered in the United States and its business is primarily tied to U.S...

  • •Headquartered in the United States
  • •Revenue disclosure in excerpts is not broken out by country
  • •Private aviation activity is primarily U.S.-based
  • •Third-party carriers expand operational reach beyond owned aircraft
  • •U.S. aviation and excise-tax rules affect charter economics

Jet.AI is trying to grow by combining its aviation platform with AI-enabled booking and utilization tools that increase...

01
Expand AI-enabled charter booking volumeshort-term

More app-driven bookings should improve aircraft utilization and support higher-margin revenue.

02
Grow SaaS monetizationmedium-term

Software revenue can diversify the business away from pure flight economics.

03
Strengthen liquidity and funding accessshort-term

The company expects continued operating losses and needs capital to execute its plan.

04
Improve fleet economicsmedium-term

Aircraft acquisitions and better pricing can lift revenue per flight hour and operating leverage.

Jet.AI remains a loss-making company with limited operating history, so execution and financing risk are central to the...

high

Going-concern and liquidity risk

The company has a history of operating losses and negative cash flow and needs external capital to fund growth.

Scope
May force reduced marketing, software development, or fleet expansion if financing is unavailable.
Materiality
high
high

Aircraft utilization and demand volatility

Charter, jet card, and managed-aircraft economics depend on flight hours and customer demand.

Scope
Lower utilization reduces revenue and can leave fixed aircraft costs under-absorbed.
Materiality
high
high

SPAC sponsor investment loss

Jet.AI owns a significant interest in the sponsor of AII Acquisition and could lose that investment if no business combination closes.

Scope
Potential loss of approximately $2.7 million capital contribution and related value.
Materiality
high
medium

Third-party operator dependence

The company uses certificated independent air carriers and other partners to fulfill part of its flights.

Scope
Operational disruptions or partner failures can affect service delivery and customer retention.
Materiality
medium
medium

Regulatory and tax exposure in aviation

Private aviation is sensitive to FAA, safety, and excise-tax requirements.

Scope
Compliance costs and operating restrictions can affect charter economics.
Materiality
medium
Revenue recognition for jet cards and fractional programs
Deferred revenue and quarterly revenue comparability
Principal versus agent assessment
Reported revenue and cost of revenue can vary materially by arrangement
Deferred revenue from software and management prepayments
Contract liabilities and future revenue visibility
Aircraft inventory valuation
Potential write-downs if market values weaken
Fair value estimates for equity awards and financing instruments
Non-cash expense and balance-sheet valuation sensitivity

Volato Group, Inc.

SOAR · Air Transportation, Nonscheduled

Airship AI Holdings, Inc.

AISP · Services-Prepackaged Software

Joby Aviation, Inc.

JOBY · Aircraft

Merlin, Inc.

MRLN · Services-Computer Integrated Systems Design

AI Technology Group Inc.

Motors & Generators

Artificial Intelligence Technology Solutions Inc.

AITX · Services-Prepackaged Software

: 28/04/2026