Jet.AI
JTAI

$0.1291

3.86%

Market Cap: $3.17M

About: Jet AI Inc is principally involved in the sale of jet cards, which enable holders to use certain aircraft owned, leased by, arranged, and/or managed by Jet Token and others at agreed-upon rates, as well as the sale of fractional interests in aircraft; and the operation of a proprietary booking platform, which functions as a prospecting and quoting platform to arrange private jet travel with third party carriers as well as via Jet Token's leased and managed aircraft.

Employees: 9

Industrials Air Transportation, Nonscheduled

0

Funds holding %

of 6,710 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

1.56% less ownership

Funds ownership: 2.8% [Q1] → 1.25% (-1.56%) [Q2]

26% less funds holding

Funds holding: 23 [Q1] → 17 (-6) [Q2]

77% less capital invested

Capital invested by funds: $235K [Q1] → $53.7K (-$181K) [Q2]

86% less first-time investments, than exits

New positions opened: 1 | Existing positions closed: 7

100% less repeat investments, than reductions

Existing positions increased: 0 | Existing positions reduced: 2

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Research analyst outlook

We haven’t received any recent analyst ratings for JTAI.

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Financial journalist opinion

Based on 3 articles about JTAI published over the past 30 days

Jet.AI Opens New JetLeg.AI app to Beta Testers

LAS VEGAS, Sept. 13, 2024 (GLOBE NEWSWIRE) -- Jet.AI Inc. ("Jet.AI" or the "Company") (NASDAQ: JTAI), an innovative private aviation and artificial intelligence company, invites users to beta test the web version of JetLeg.AI, designed as an iOS/Android app that redirects previously wasted empty private flights into new lower cost charters. The easy-to-use app features AI trip finding, matching, and suggestions. Users may sign up and explore JetLeg.AI's capabilities in advance of live connectivity to the aircraft operator community at the following site: https://jetleg.ai/ , a video demo is separately available here: https://youtu.be/sUW5pj-Vfo4 .

Jet.AI Opens New JetLeg.AI app to Beta Testers

Jet.AI Provides Encouraging Updates Around its Software Solutions

LAS VEGAS, Sept. 11, 2024 (GLOBE NEWSWIRE) -- Jet.AI Inc. (“Jet.AI” or the “Company”) (NASDAQ: JTAI), an innovative private aviation and artificial intelligence company, announced updates around its proprietary technology stack, CharterGPT, DynoFlight, and Reroute AI.

Jet.AI Provides Encouraging Updates Around its Software Solutions

Jet.AI Announces Entry Into Warrant Amendments After Successful Warrant Exchange Offer and Consent Solicitation

LAS VEGAS, Aug. 23, 2024 (GLOBE NEWSWIRE) -- Jet.AI Inc. (“Jet.AI” or the “Company”) (NASDAQ: JTAI), an innovative private aviation and artificial intelligence company, announced its entry with Continental Stock Transfer & Trust Company on August 21, 2024 into: (i) the 2021 Warrant Agreement Amendment, which governs the terms and conditions of the Company's redeemable warrants to purchase shares of Company common stock, par value $0.0001 per share (the “common stock”), which warrants trade on The Nasdaq Capital Market under the symbol “JTAIW” (the “redeemable warrants”), and the Company's private placement warrants to purchase shares of common stock (the “private placement warrants”); and (ii) the 2023 Warrant Agreement Amendment, which governs the terms and conditions of the Company's merger consideration warrants to purchase shares of common stock, which warrants trade on The Nasdaq Capital Market under the symbol “JTAIZ” (the “merger consideration warrants”; together with the redeemable warrants and the private placement warrants, the “warrants”).

Jet.AI Announces Entry Into Warrant Amendments After Successful Warrant Exchange Offer and Consent Solicitation

Jet.AI Reports Second Quarter 2024 Financial Results

LAS VEGAS, Aug. 14, 2024 (GLOBE NEWSWIRE) -- Jet.AI (the “Company”) (Nasdaq: JTAI), an innovative private aviation and artificial intelligence (“AI”) company, today announced financial results for the second quarter ended June 30, 2024.

Jet.AI Reports Second Quarter 2024 Financial Results

Jet.AI Unveils Advanced AI Technology DynoFlight Platform

LAS VEGAS, Aug. 01, 2024 (GLOBE NEWSWIRE) -- Jet.AI Inc. (“Jet.AI” or the “Company”) (NASDAQ: JTAI), an innovative private aviation and artificial intelligence (“AI”) company, announced the launch of its all-new DynoFlight 2.0 platform, a revolutionary web-based solution that redefines aviation carbon management. Completely rebuilt and filled with cutting-edge AI technology, DynoFlight delivers powerful tools designed to allow users to (1) sync fleet data with FL3XX with the touch of a button (2) visualize emission levels, (3) interrogate its AI in natural language about individual (or fleetwide) aircraft emissions (4) pay to remediate those carbon emissions (5) and track and comply with NBAA sustainable flight department standards. Book your Demo today: https://get.dynoflight.com/demo

Jet.AI Unveils Advanced AI Technology DynoFlight Platform

Jet.AI Announces Commencement of Exchange Offer and Consent Solicitation Relating to Warrants

LAS VEGAS, June 27, 2024 (GLOBE NEWSWIRE) -- Jet.AI Inc. (“Jet.AI” or the “Company”) (NASDAQ: JTAI), an innovative private aviation and artificial intelligence (“AI”) company, today announced the commencement of an exchange offer (the “Offer”) and consent solicitation (the “Consent Solicitation”) relating to its outstanding (i) redeemable warrants to purchase shares of Company common stock, par value $0.0001 per share (the “common stock”), which warrants trade on The Nasdaq Capital Market under the symbol “JTAIW” (the “redeemable warrants”), (ii) merger consideration warrants to purchase shares of common stock, which warrants trade on the Nasdaq Capital Market under the symbol “JTAIZ” (the “merger consideration warrants”), and (iii) private placement warrants to purchase shares of common stock (the “private placement warrants” and, together with the redeemable warrants, and public warrants, the “warrants”). The purpose of the Offer and Consent Solicitation is to simplify the Company's capital structure and reduce the potential dilutive impact of the warrants.

Jet.AI Announces Commencement of Exchange Offer and Consent Solicitation Relating to Warrants

Jet.AI Announces AI-Powered Jet Card with Empty Leg Benefit

LAS VEGAS, June 12, 2024 (GLOBE NEWSWIRE) -- Jet.AI Inc. (“Jet.AI” or the “Company”) (NASDAQ: JTAI), an innovative private aviation and artificial intelligence (“AI”) company, today announced that Jet Card holders are expected to benefit from a new source of private jet inventory.

Jet.AI Announces AI-Powered Jet Card with Empty Leg Benefit

Jet.AI Announces Non-Recourse Debt Financing for Proposed Fleet Deal

LAS VEGAS, June 04, 2024 (GLOBE NEWSWIRE) -- Jet.AI Inc. (“Jet.AI” or the “Company”) (NASDAQ: JTAI), an innovative private aviation and artificial intelligence (“AI”) company, announced the arrangement of non-binding, non-recourse, debt financing related to the proposed purchase of Bombardier Challenger 3500 aircraft valued at approximately US$280 million based on today's list prices. The debt financing arrangement, in conjunction with the previously announced Ionic Ventures LLC financing, positions the Company well to execute on its long planned fleet order in management's view.

Jet.AI Announces Non-Recourse Debt Financing for Proposed Fleet Deal

Jet.AI to Present at the Maxim Group Virtual TMT Conference on Tuesday, June 4, 2024

LAS VEGAS, May 31, 2024 (GLOBE NEWSWIRE) -- Jet.AI Inc. (“Jet.AI” or the “Company”) (NASDAQ: JTAI), an innovative private aviation and artificial intelligence (“AI”) company, will be presenting at Maxim Group's Virtual TMT Conference on Tuesday, June 4, 2024 at 1:30 p.m. Eastern time.

Jet.AI to Present at the Maxim Group Virtual TMT Conference on Tuesday, June 4, 2024

Correction Notice of First Quarter 2024 Financial Results Press Release

LAS VEGAS, May 16, 2024 (GLOBE NEWSWIRE) -- Jet.AI Inc. (the “Company”) (Nasdaq: JTAI), an innovative private aviation and artificial intelligence (“AI”) company, today announced a correction to its press release originally issued on May 15, 2024, reporting its financial results for the first quarter ended March 31, 2024.

Correction Notice of First Quarter 2024 Financial Results Press Release

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