Jet.AI Inc
jet.aiWhat Do They Do?
Runs a private-jet booking app and arranges charter trips for flyers; develops aircraft-operator software and AI data-center projects.
10-K for FY2025, filed Mar 6, 2026We formed our company on June 4, 2018. We developed and, in September 2019, launched our booking platform represented by our iOS app Jet…View ↗
Our booking platform displays a variety of options across private aircraft types in addition to the pricing of our own aircraft, with a…View ↗
Jet.AI provides and continues to develop a B2B software platform for a suite of SaaS products termed “Jet.AI Operator Platform” which…View ↗
During 2025, we began executing a strategic transformation to become a pure-play AI data center infrastructure company. This strategic…View ↗
How Do They Make Money?
Private flyers pay fixed rates for charter flights arranged through CharterGPT; Jet.AI earns the flight revenue when each flight segment is completed. Aircraft owners pay management fees monthly, with operating and maintenance costs billed when those services are completed.
10-K for FY2025, filed Mar 6, 2026The Company also generates revenues from individual ad hoc charter bookings processed through the Company’s CharterGPT app, whereby the…View ↗
Flights and flight-related services, along with the related costs of the flights, are earned and recognized as revenue at the point in time…View ↗
Fractional and jet card members pay a fixed quoted amount for flights based on a contractual capped hourly rate. Ad hoc charter customers…View ↗
Aircraft management-related revenue contains two types of performance obligations. One performance obligation is to provide management…View ↗
-
10-K for FY2025, filed Mar 6, 2026
FY2025 revenue by product or service ↗
$9.2M
-
10-K for FY2025, filed Mar 6, 2026
$9.2M ↗
| Segment | Share | Revenue | How money arrives |
|---|---|---|---|
|
Software App and Cirrcus Charter
Usage-based
10-K for FY2025, filed Mar 6, 2026 |
52%
FY2022: 9.2%
|
Software App and Cirrcus Charter, FY2025
$4.8M Sources
|
Usage-based |
|
Jet Card and Fractional Programs
|
11%
FY2022: 10%
|
Jet Card and Fractional Programs, FY2025
$1.1M Sources
|
|
|
Management and Other Services
|
36%
FY2022: 1.8%
|
Management and Other Services, FY2025
$3.3M Sources
|
Who Are Their Customers?
Private flyers request charter travel through CharterGPT; aircraft owners and operators are the intended users of Jet.AI’s business software. Cirrus also markets charters on Jet.AI aircraft.
10-K for FY2025, filed Mar 6, 2026Our booking platform displays a variety of options across private aircraft types in addition to the pricing of our own aircraft, with a…View ↗
Jet.AI provides and continues to develop a B2B software platform for a suite of SaaS products termed “Jet.AI Operator Platform” which…View ↗
The Company also generates revenues from individual ad hoc charter bookings processed through the Company’s CharterGPT app, whereby the…View ↗
Do Revenues Turn Into Profits?
Yes. It kept 50 cents of every revenue dollar as net income in FY2025.
10-K for FY2025, filed Mar 6, 2026
How Are They Changing?
- Net income
-
Sources
10-Q for Q2 FY2026, filed Aug 14, 2026
−$2.3MView ↗
- ▼ −5% (Loss)
- vs −$2.4M in Q2 FY2025
10-Q for Q2 FY2026, filed Aug 14, 2026
Open tableView ↗
-
Jul 17, 2026
Completed transfer of fractional and jet card business to flyExclusive
The transaction closed, with SpinCo merging into flyExclusive.
Sources
8-K, filed Jul 17, 2026
On July 13, 2026, the Company completed the transactions contemplated by (i) the Merger Agreement and (ii) the Separation and Distribution…View ↗
From acquisition search to operations
The older report described a company with no operations seeking a business combination; the latest describes private-jet services, AI software and a move into AI data-center development.
10-K for FY2022, filed Feb 22, 2023 10-K for FY2025, filed Mar 6, 2026
Who Do They Compete With?
Competes with NetJets, FlexJet, VistaGlobal, JetSmarter, SentientJet, WheelsUp, Nicholas Air, Executive Air Share, Plane Sense, One Sky Jets, StarJets, Jet Aviation, Luxury Aircraft Solutions, Equinix, Digital Realty, CyrusOne, QTS Realty Trust, AirTrunk, Switch, and CoreSite
10-K for FY2025, filed Mar 6, 2026The private air travel industry is extraordinarily competitive. We compete against other private jet charter and fractional jet companies.…View ↗
Loading...
