Star
Jets International, Inc. (OTCPink:
JETR)
Announces
that it has Engaged
an
Investment
Banking Firm
to raise
$10,000,000 up to $100,000,000
for
Growth
NEW YORK,
NY -- August 17, 2020 -- InvestorsHub NewsWire
-- Ricky
Sitomer,
CEO, Star Jets
International,
Inc. (OTCPink:
JETR),
a
leading Private
Jet Charter Company, announces
that
the
Company has hired an
Investment Banking
firm in New
York
to
explore its options to raise $10,000,000 in its first round. In
addition, the investment Banking firm has the
first rights on raising additional rounds up
to $100,000,000.
Ricky
Sitomer, CEO of JETR
stated, "As
a result of
the
Covid-19
global pandemic,
a fundamental change in the buying behavior of the luxury traveler
continues
to occur, and the Company anticipates the demand for private jet
travel to increase its revenue now
and continue into
the
foreseeable
future.
Star Jets International is looking to capitalize on this
opportunity and build out the largest on demand
private
jet charter company in the industry."
Star Jets
International
has clear strategic
plans for the use of the funds that will be invested into the
company. Mr. Sitomer
anticipates using the money to invest in infrastructure
and technology,
acquisitions,
and
marketing.
Star Jets
International booked
private
travel flights
in excess
of $1,100,000
million
for the
month of July
2020, and
already
booked
in
excess
of $1,100,000
in revenue for the month of
August.
As
predicted, the Company
continues
with
a
tremendous
growth
trend from the
demand
for private air travel.
The
Company expects
to keep
filling up bookings throughout
the month of
August; an auspicious start
to the third quarter. Health concerns related to Covid-19 continue
to remain a primary reason for the uptick in private travel
demand.
Ricky
Sitomer,
CEO of JETR
stated,
"We are thrilled to be
building upon the
success of July
and August and
continuing that
success
into the Fall. Clearly,
the demand
remains
strong, and we
professionally
serve our
clients with all of their private travel needs."
For
further
Company
updates and
to book
travel reservations
with Star
Jets
International,
Inc., please
visit
www.starjetsinternational.com for more
information.
About
Star Jets International,
Inc.
(OTCPink:
JETR)
Star Jets
International, Inc. (OTCPink:
JETR)
offers its customers all the
advantages of owning a corporate
jet, without the burdens associated with ownership. This
includes
unprecedented flexibility through access to over 5,000 private jets
domestically and 15,000 private jets worldwide. Star Jets
executives have nearly 20 years of
experience in aviation and
marketing, http://starjetsinternational.com/ and https://private-jet-charter-flight.com/.
Watch Star Jets International "You Tube" video - https://www.youtube.com/channel/UCJZK4vvDiMNlXE-7g-s11OQ and
watch two CNBC Commercials about the Company- https://wave.evolphin.com/EVyy7j#.
For more
information about
this press release and
Star Jets International,
Inc., contact Ricky
Sitomer at (917)
331-5152.
Forward-Looking
Statements Disclaimer:
This
press release contains forward-looking statements within the
meaning of Section 27A of the Securities
Act of 1933, as amended,
and Section 21E of the Securities Exchange Act of 1934, as amended.
In some cases, you can identify forward-looking
statements
by the following words: "anticipate," "believe," "continue,"
"could," "estimate," "expect," "intend," "may,"
"ongoing," "plan,"
"potential," "predict," "project," "should," "will," "would," or
the negative of these terms or other comparable terminology,
although
not all forward-looking statements contain these words.
Forward-looking statements are not a guarantee
of future performance
or results and
will not necessarily be accurate indications of the times at, or
by, which such performance or results will
be achieved. Forward-looking statements are based on information
available at the time the statements are
made and involve known
and unknown risks, uncertainty and other factors that may cause our
results, levels of activity, performance or achievements
to
be materially different from the information expressed or implied
by the forward-looking statements in
this press release.
This press release should be considered in light of all filings of
the Company that are contained in the Edgar Archives of the
Securities
and Exchange Commission at
www.sec.gov.
FOR ADDITIONAL INFORMATION:
Ricky
Sitomer
CEO
Star Jets
International Inc.
Tower
57
135 East 57th
Street 11th Floor
New York, NY
10022
Mobile:
917-331-5152
Phone:
855-9-FLYJETS
Fax:
212-658-9810
RS@StarJetsIntl.com
www.StarJetsIntl.com