NEW YORK, April 12, 2018 (GLOBE NEWSWIRE) -- Ricky Sitomer, CEO of Star Jets International (OTCPINK:JETR), a leader in private jet charters, announces $5,932,913 in gross revenue, stated in its year-end financial statements for 2017.
Management expects over 60% increase in its first-quarter revenue for the period ending March 31, 2018, versus the same period ending in 2017.
Mr. Sitomer stated, "We are extremely proud of our progress in our first full year of operations. In 2017, Star Jets International became a publicly traded company, officially changed its name, and change its public trading symbol to JETR. The Company is executing on its strategic and technological plan very well, and is looking forward to its continued progress."
In addition to JETR’s excellent first full year 2017 financial report and its expected first quarter 2018 numbers, the Company has been developing its leading industry technology of an online and mobile booking engine for all devices from desktops, tablets, and mobile phones. The online booking engine will generate real-time quote prices based on the customer's’ travel needs, and can immediately give the customer the ability to book a flight at the best prices, on the best available aircraft, within four hours' notice.
Management expects the online booking engine to go live late in the second quarter of 2018, providing a further boost to JETR’s growth with a 24/7/365 real-time response.
The Company expects to engage an auditing firm in the second quarter, to audit the 2016 and 2017 financials in order to up-list onto the OTCQB this year.
About Star Jets International, Inc.
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/.
For more information about this press release and Star Jets International, contract Ricky Sitomer at 917-331-5152.
This 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. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters disclosed at www.otcmarkets.com. These risks and uncertainties could cause the company's actual results to differ materially from those indicated in the forward-looking statements.
Contact: Ricky Sitomer
A photo accompanying this announcement is available at http://resource.globenewswire.com/Resource/Download/b8d36fe3-ee5f-45e3-b9be-65eae95ab71a
Source:Star Jets International