JetSmarter: The Story Behind its Soaring Success

The world’s fastest-growing digital travel platform growing increasingly popular across the region.

Dubai, United Arab Emirates. 3 April 2016 – JetSmarter, the mobile marketplace that seamlessly connects travellers to private jets from their smartphones, continues to gain momentum in key markets across the GCC region. The secret to its success: a thoughtful, resourceful plan that, combined with innovative technology and sound economies, offers convenience in exclusive and hassle-free private travel.

Sergey Petrossov, Founder and CEO of JetSmarter: “JetSmarter was developed to bridge the long-standing gap that existed between the commercial flight and private jet industries. Private travel, although perceived as a rather luxurious way of flying reserved only for A-list celebrities and influencers on the ‘richest’ power lists, can now be attained by travellers at the click of a button. We bring the exclusivity and luxury of flying private right to people’s fingertips, all through our user-friendly digital application making it a hassle-free and convenient way to travel.” 

Prior to the inception of JetSmarter, only 65% of private flights globally flew occupied. JetSmarter has successfully stepped in to fill this gap by buying excess capacity and underutilised air space from aircraft carriers and owners. This model has contributed greatly towards the brand’s soaring success; the brand does not incur fixed or variable costs such as employing pilots or maintenance charges, that aircraft operators usually face due to the fact that JetSmarter does not own any physical jets. 

“Our trusted partners efficiently carry out these responsibilities and subsequent expenses,” said Petrossov. Current partners include Jet Linx, Jet Edge and Air Hamburg, among others.

JetSmarter is the fastest growing jet club in the sky. Over the last six months, the company has strategically grown throughout North America, the Middle East, and Europe, and provides 52% more flight options for its users through its three main amenities: JetDeals, JetShuttle and its JetCharter service. Over the last quarter, month-to-month growth in app downloads has increased by 240%, and JetSmarter has seen a 135% increase in memberships.

JetSmarter has raised US$56 Million since inception as funding from private sources including the royal family in the Kingdom of Saudi Arabia, A-league executives, music moguls, and more. The company had recently announced a new US$26.1 Million raise from its recent existing Series B investors and other prominent business executives. JetSmarter closed its recent US$20 Million Series B round in July of 2015. The funds are allocated towards expansion of offerings globally, as well as enriching member experiences. 

Annual membership is priced at US$9,000 in addition to a US$3,000 one-time initiation fee. JetSmarter members enjoy benefits such as unlimited free flights on scheduled JetShuttles and JetDeals. Members can also purchase additional companion seats, and in the event of any outstanding bookings, purchase additional outstanding single-seat reservations.

Members also have the option to create their own itinerary on demand via JetShuttle. Depending on the date and route, the app provides details including minimum number of seats and instant price to ensure a guaranteed flight. If purchased, the rest of the seats on the flight are offered to other members within the JetShuttle section of the app; the initial member who created the JetShuttle itinerary is always guaranteed a flight whether it’s booked out by other members or not.