HondaJet Elite S Serial Number 209, the next aircraft expected for delivery to Jet Token

Benzinga - by Jad Malaeb February 28, 2022 12:08 PM | 4 min read

"...In February 2022, the demand for private jet travel rose 15% above the previous February, marking new industry highs and creating capacity bottlenecks for key players. Records from several sources reflect a common story: too many travelers are chasing too few private jets.

Executive Jet Management and Jets.com have all had to suspend their Jet cards sales due to an overload of demand. NetJets, which is the largest player in the fractional jet industry, also instituted a year-long wait for their new members to fly, stating that “Light jet inventory constraints are such that additional sales before more aircraft are delivered would put our service at risk.”

The appeal of private aviation is not just about avoiding infection, but is also about avoiding flight cancellations....

The pandemic has placed the $200 billion per year private jet industry on an upward trajectory. Many with wealth (businesses included) finally got off the fence in 2020-2021 and took their first flight. Conventional wisdom in private aviation remains that if a traveler has the means to fly private and does it once, then that traveler will do it again. This has been particularly true for both busy executives flying on the company dime and for wealthy individuals who don’t travel often but travel well when they do so..." FULL TEXT

Disclaimer: While Jet Token may plan to begin preparing for a public listing, we have not taken any additional steps toward a public listing beyond reservation of the ticker symbol, and there can be no guarantee that such an offering will take place. Even if the company is publicly listed, there is also no guarantee that an active market for trading shares will develop or be sustained.

The ongoing Reg A+ offering is made available through StartEngine Primary, LLC, member FINRA/SIPC. This investment is speculative, illiquid, and involves a high degree of risk, including the possible loss of your entire investment. You should read the Offering Circular and Risks related to this offering before investing.

For more information you can always reach a live US based Jet Token Inc. representative 24/7 at 1-866-694-0014 and be sure to visit https://www.jettoken.com/investors.

“Argus said “business aviation, particularly in North America, is in full growth mode” and forecasts flight hours to surpass 2021 levels by 9.5 percent in 2022. This would push it past 2019 levels by 17.4 percent.

With a surge in the latter half of 2021, business aviation flight activity in North America sailed past 2020 levels by 40.9 percent and eclipsed pre-pandemic results in 2019 by 7.2 percent, according to Argus International’s 2021 Business Aviation Review. “We ended 2020 saying that it was a year unlike anything we had before and now we wrap up 2021 with the same thought but in a dramatically different way,” Argus reflected in its 2021 overview of TraqPak data, which tracks IFR business aircraft flights in North America.

While flight activity was up almost 41 percent year-over-year, flight hours similarly were up 42.3 percent from 2020 and 10.3 percent from 2019. These gains came primarily in the latter half of the year…..

…Looking forward, Argus noted that “business aviation, particularly in North America, is in full growth mode” and forecasts flight hours in 2022 to surpass 2021 levels by 9.5 percent. This would push it past 2019 levels by 17.4 percent.

January was up 22 percent this year and Argus is projecting a 23.6 percent year-over-year jump this month, along with another 21.7 percent improvement in March before growth gradually slows throughout the remainder of the year.” FULL TEXT written by Kerry Lynch February 14, 2022, 12:07 PM.

Disclaimer: While Jet Token may plan to begin preparing for a public listing, we have not taken any additional steps toward a public listing beyond reservation of the ticker symbol, and there can be no guarantee that such an offering will take place. Even if the company is publicly listed, there is also no guarantee that an active market for trading shares will develop or be sustained.

The ongoing Reg A+ offering is made available through StartEngine Primary, LLC, member FINRA/SIPC. This investment is speculative, illiquid, and involves a high degree of risk, including the possible loss of your entire investment. You should read the Offering Circular and Risks related to this offering before investing.

For more information you can always reach a live US based Jet Token Inc. representative 24/7 at 1-866-694-0014 and be sure to visit https://www.jettoken.com/investors.

Business Jet Traveler: Company of the Week

2020 WTA Player of the year Sofia Kenin boards a HondaJet Elite at Banyan FBO in Ft. Lauderdale, FL after a tennis match.

“Las Vegas-based start-up Jet Token offers fractional ownership and jet card memberships in HondaJet Elites/S and brokers charter flights on third-party aircraft. The company accepts cash and cryptocurrency through its booking app and intends to expand app functionality to issue “jet tokens” on its closed blockchain network that are redeemable for jet charter time.  

Mike Winston founded Jet Token in 2018, employing blockchain technology developed while the company was part of a start-up accelerator program in Israel called The Hive - Ashdod. Leasing offices in Tel Aviv, the company began development of its charter brokering app while negotiating with Honda Aircraft Company for the lease of four HondaJet Elites and partnering with Gama Aviation for operation of those aircraft. 

To obtain funds during the development process, Jet Token issued non-voting stock shares, raising more than $1 million in capital from mid-2018 through 2019, mostly via the equity crowdfunding company Start Engine. 

About the time the company released its Jet Token iOS app in mid-2019, former airline executive and ImperialJet CEO George Murnane joined Jet Token as president and CEO. The company offices moved to Las Vegas, and Great Western Air (dba Cirrus Aviation) replaced Gama as the Part 135 operator of Jet Token aircraft. Jet Token launched a second round of crowdfunding on Start Engine, raising nearly $10 million by the time the campaign closed in December 2020. A third round of crowdfunding began in mid-2021 with the goal of raising $25 million. The company also reserved the NASDAQ ticker PJ in late 2021.” FULL TEXT

The ongoing Reg A+ offering is made available through StartEngine Primary, LLC, member FINRA/SIPC. This investment is speculative, illiquid, and involves a high degree of risk, including the possible loss of your entire investment. You should read the Offering Circular and Risks related to this offering before investing. While Jet Token plans to begin preparing for a public listing, we have not taken any additional steps toward a public listing beyond reservation of the ticker symbol, and there can be no guarantee that such an offering will take place. Even if the company is publicly listed, there is also no guarantee that an active market for trading shares will develop or be sustained."

For more information you can always reach a live US based Jet Token Inc. representative 24/7 at 1-866-694-0014 and be sure to visit https://www.jettoken.com/investors.

Check out the new campaign video!

The ongoing Reg A+ offering is made available through StartEngine Primary, LLC, member FINRA/SIPC. This investment is speculative, illiquid, and involves a high degree of risk, including the possible loss of your entire investment. You should read the Offering Circular and Risks related to this offering before investing.

For more information you can always reach a live US based Jet Token Inc. representative 24/7 at 1-866-694-0014 and be sure to visit https://www.jettoken.com/investors.

The ongoing Reg A+ offering is made available through StartEngine Primary, LLC, member FINRA/SIPC. This investment is speculative, illiquid, and involves a high degree of risk, including the possible loss of your entire investment. You should read the Offering Circular and Risks related to this offering before investing.

For more information you can always reach a live US based Jet Token Inc. representative 24/7 at 1-866-694-0014 and be sure to visit https://www.jettoken.com/investors.

Jet Token has added a 50-hour jet card and is now allowing jet card members to use unused funds to upgrade to fractional ownership

by Doug Gollan (1/11/22) 

Western U.S. fractional and jet card start-up Jet Token has added a 50-hour jet card. The HondaJet program now allows all cardholders to utilize unused funds to upgrade to fractional ownership and leases.

Founder and chairman Mike Winston says the new offer allows customers to test the waters before making the five-year commitment fractional ownership entails.

The Las Vegas-based provider launched flight operations in Fall 2021.

It currently has two of the very light jets and expects to take delivery of three more by Q3 of 2022. Cirrus Aviation operates aircraft.

The company offers one-way pricing with fixed hourly rates within 50 nautical miles of Arizona, California, Colorado, Idaho (Coeur d’Alene and Boise), Nevada, New Mexico, Oklahoma, Texas, Utah, Wyoming (Cheyenne and Jackson), and Cabo San Lucas.

The ongoing Reg A+ offering is made available through StartEngine Primary, LLC, member FINRA/SIPC. This investment is speculative, illiquid, and involves a high degree of risk, including the possible loss of your entire investment. You should read the Offering Circular and Risks related to this offering before investing.

For more information you can always reach a live US based Jet Token Inc. representative 24/7 at 1-866-694-0014 and be sure to visit https://www.jettoken.com/investors.

Over $2M Invested and Climbing - Happy New Year!

Thank you for your investment in Jet Token, we appreciate the opportunity to work in your interest! Below please find a short recap of Jet Token’s 2022 campaign updates, and for full text related to any given headline please visit the campaign page and click the Updates section heading (or just scroll down).

• NASDAQ reserves “PJ” as ticker for Jet Token Inc.
• PJCC: Jet Token is still selling jet cards, for a little while
• BJT: Jaws Drop as Prices Rise, New-to-bizav buyers have upended the market
• WSJ: Pandemic fuels private-aviation boom even as commercial flights return
• Jet Token Gets a Boost from the Private Jet Shortage (Benzinga)
• WSJ: Private Flying Takes Off, Boosting Demand for Business Jets
• Aircraft Successfully Delivered (jet cards pre-sold)
• Benzinga: four-minute interview with Jet Token
• Industry leader halts immediate access for fractional shares, leases
• Private Jet Activity Sets New Record in October
• Business Jets in High Demand
• 2021 NBAA Business Aviation Convention & Exhibition
• Technical Inspection of HondaJet Elite Completed
• Jet Token Investor Update Q3 2021
• Second Aircraft Inspection Underway
• Over $1M Invested and Climbing
• Patrick McNulty Joins Jet Token from HondaJet as Vice President
• Kienan Franklin Joins Jet Token from Cessna as Sales Director for the Texas and Rocky Mtn Region
• Jet Token Gets a Plane at the HondaJet Plant - Update with Chairman Mike Winston
• It's Official! New 75c/share Campaign Open for Investment
• $600k Committed and Climbing - New 75c/share Campaign Open for Reservations

Disclaimer: While Jet Token may plan to begin preparing for a public listing, we have not taken any additional steps toward a public listing beyond reservation of the ticker symbol, and there can be no guarantee that such an offering will take place. Even if the company is publicly listed, there is also no guarantee that an active market for trading shares will develop or be sustained.

The ongoing Reg A+ offering is made available through StartEngine Primary, LLC, member FINRA/SIPC. This investment is speculative, illiquid, and involves a high degree of risk, including the possible loss of your entire investment. You should read the Offering Circular and Risks related to this offering before investing.

For more information you can always reach a live US based Jet Token Inc. representative 24/7 at 1-866-694-0014 and be sure to visit https://www.jettoken.com/investors.

NASDAQ reserves “PJ” as ticker for Jet Token Inc. 

Jet Token Chairman, Mike Winston, commented, “We appreciate the NASDAQ having granted our request to reserve the ticker, PJ, and remain firmly committed to delivering on our business plan and related technology roadmap.”

For avoidance of doubt, the company’s unrelated Reg A+ offering of Non-Voting Common Stock remains ongoing at https://www.startengine.com/jettoken. Be sure to see important disclaimers below.

Disclaimer: While Jet Token may plan to begin preparing for a public listing, we have not taken any additional steps toward a public listing beyond reservation of the ticker symbol, and there can be no guarantee that such an offering will take place. Even if the company is publicly listed, there is also no guarantee that an active market for trading shares will develop or be sustained.

The ongoing Reg A+ offering is made available through StartEngine Primary, LLC, member FINRA/SIPC. This investment is speculative, illiquid, and involves a high degree of risk, including the possible loss of your entire investment. You should read the Offering Circular and Risks related to this offering before investing.

For more information you can always reach a live US based Jet Token Inc. representative 24/7 at 1-866-694-0014, and be sure to visit https://www.jettoken.com/investors.

PJCC: Jet Token is still selling jet cards, for a little while

Excerpted from article written by Doug Gollan, Private Jet Card Comparisons, FULL TEXT

Posted on December 14, 2021

Jet Token’s Mike Winston, Executive Chairman (left), George Murnane, CEO, and Brenda Paauwe-Navori, Head of Sales and Advisory Board member

A HondaJet jet card

For Jet Token, there are two jet card options.

The first is a traditional 25-hour card. It’s priced at $5,445 per hour, plus FET.

It has terms attractive for those of you constrained by the increase in jet card call-outs and peak days.

The non-peak deadline for reservations is 24 hours, and the peak is 72 hours, and there are 45 high-demand dates. Peak and non-peak cancelation are just 24 hours, so flexible if your plans tend to change.

There is a 60-minute daily minimum, with the significant negative being a 60-minute, plus taxi time segment minimum, so there isn’t a price break if you are doing multiple sub-one-hour flights on the same day.

That said, there are relatively few card programs with 60 or 72 minutes daily and segment minimums currently on the market.

The second offering is a 10-day access card. Your hourly rate is $1,649, plus FET; however, the cost to join is $190,850.

In other words, if you use all 10 days, you are spending $19,085 before you takeoff. By our calculations, you would need to average over four hours flying across those 10 access dates to make this a better option.

Of course, with the low hourly rate, it’s ideal if you make three or four stops in a day. The by-the-day program is blacked on high-demand and peak dates.

Jet Token Fractional Ownership

While most fractional operators base shares on 800 occupied flight hours per year, Jet Token sells only 425 hours per aircraft. That’s five shares of 75 hours and two jet cards.

Mike Winston, chairman, and co-founder says, the program was designed in concert with the OEM. HondaJets require maintenance every 600 hour hours.

Head of Sales and Advisory Board member Brenda Paauwe-Navori says that it has kept owners and jet cardholders on the fleet 100% of the time since launch.

Currently, it has two HondaJets in service and can add up to three more next year as it sells shares and jet cards. Its first flight was in October.

Jet Token fractional ownership

There is a shared ownership program and co-ownership option. The shared ownership program is Jet Token’s version of a lease, while co-ownership is traditional fractional ownership.

With the latter, current prices, due to increase in January, have a one-fifth share at $1.25 million. That gives the owner 75 flight hours per year.

The monthly management fee is $12,500, and the occupied hourly rate is $1,650, plus FET.

Cirrus Aviation operates the Jet Token fleet, and operations are under Part 135, hence the excise tax.

Paauwe-Navori, a veteran of Bombardier and Embraer, and Winston both point to the model as being focused on providing owners and card clients access to the aircraft they are buying.

Winston believes having up to 16 owners to an aircraft with a small fleet is a recipe for unhappy customers. Limiting each aircraft to five owners and two card members reduces the likelihood of being off-fleet.

Jet Token financials

Jet Token is well funded, Winston says, having crowd-sourced over $13 million from more than 30,000 individual investors. It is in the process of raising an additional $25 million.

Looking ahead, Winston says his goal is to be a launch concept for the HondaJet 2600 concept. That’s a proposed light jet with a transcontinental range.

He calls Jet Token “a Honda shop” and sings the OEM’s praises, noting the company that manufactures everything from cars and motorcycles to lawnmowers and is bigger than Boeing. It had $137 billion in revenues in 2020.

Winston says there is more than enough opportunity in its current Western U.S. footprint. He also has immediate inventory, although he adds, “Act now, supply is limited.”

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For more information you can always reach a live US based representative 24/7 at 1-866-694-0014, and be sure to visit https://www.jettoken.com/investors.

Missing a perk? If so, please email alex@jettoken.com for same day assistance.

Disclaimer: This Reg A+ offering is made available through StartEngine Primary LLC, member FINRA/SIPC. Please read the Offering Circular (https://www.jettoken.com/oc) and its Risk Factors (https://www.jettoken.com/oc#riskfactors) disclosure before investing. This investment is speculative, illiquid, and involves a high degree of risk, including possible loss of entire investment.

 JAMES WYNBRANDT | BUSINESS JET TRAVELER | DECEMBER 2021

“[Average jet sale prices] are up as much as 20 to 30 percent from the third to fourth quarter, according to some reports, though preemptive off-market sales, bidding wars, and ever-new benchmarks make the increases difficult to quantify.” 

“Like all segments of the access business—including charter, jet cards, club memberships, fractional ownership, and new jet sales—prices in the preowned market are today being driven by consumers with no prior exposure to private aviation who have come to embrace it as an ideal travel and lifestyle solution."

“One can almost hear the sound of dropping jaws and scratching heads among industry professionals as they observe the market changes and the willingness of these new entrants to open their checkbooks.”

“Perhaps more striking is the behavior of some aggressive buyers and sellers in this market. In November, at CJI Miami 2021, a panel of financiers from the world’s leading business aircraft lending institutions— including Global Jet Capital, PNC Aviation Finance, and Stonebriar Commercial Finance—said they’re concerned about deals being pushed through without prepurchase inspections, logbook reviews, or other formerly essential due-diligence requirements. The reason: customers are demanding to get deals done.” FULL TEXT

For more information you can always reach a live US based representative 24/7 at 1-866-694-0014, and be sure to visit https://www.jettoken.com/investors.

Missing a perk? If so, please email alex@jettoken.com for same day assistance.

Disclaimer: This Reg A+ offering is made available through StartEngine Primary LLC, member FINRA/SIPC. Please read the Offering Circular (https://www.jettoken.com/oc) and its Risk Factors (https://www.jettoken.com/oc#riskfactors) disclosure before investing. This investment is speculative, illiquid, and involves a high degree of risk, including possible loss of entire investment.

"Business-jet traffic is now up a whopping 45% world-wide relative to the start of 2019, compared with a 24% drop in commercial traffic, according to tracker FlightAware, even though corporate travel hasn’t yet recovered. The demand has come from rich people—many of whom had never used a private plane—living in more remote locations and avoiding commercial airports for vacations, jet brokers say."

"After a long period of stagnation since 2008, private-aircraft makers’ order backlogs are swelling, and used-jet inventories are at record lows. While manufacturers have so far been prudent about increasing production, industry executives are becoming convinced that the boom will persist beyond the pandemic, and believe many medium-size firms will also embrace private jets. Broker Jetcraft forecast in a report this week that annual transactions for secondhand aircraft will reach $12.4 billion in 2025, versus $9.8 billion in 2019." FULL TEXT

For more information you can always reach a live US based representative 24/7 at 1-866-694-0014, and be sure to visit https://www.jettoken.com/investors.

Missing a perk? If so, please email alex@jettoken.com for same day assistance.

Disclaimer: This Reg A+ offering is made available through StartEngine Primary LLC, member FINRA/SIPC. Please read the Offering Circular (https://www.jettoken.com/oc) and its Risk Factors (https://www.jettoken.com/oc#riskfactors) disclosure before investing. This investment is speculative, illiquid, and involves a high degree of risk, including possible loss of entire investment.

Jet Token Gets a Boost from the Private Jet Shortage (Benzinga 11.24.21)

The largest players in the private jet industry are out of planes. Major manufacturers like Bombardier Inc. (TSE: BDB.B) and Embraer S.A. (BVMF: EMBR3) each have over a year of backlog, and the fractional jet programs have given up on waitlists in favor of simply forcing new customers to wait a year or more before flying. Jet Token is taking delivery of HondaJets for fractional sale and charter in this fourth quarter of 2021 and into next year, making them one of the few remaining unrestricted games in town for a light jet fraction. 

Jet Token is a private jet membership and booking platform for the ultra-modern age of aviation. The company operates HondaJet Elites on behalf of its members primarily in the Western US and arranges charters on safety vetted aircraft, globally. For the first time, customers will be able to book a private jet, a commercial airline ticket or both, all on the same itinerary, through one app.

According to the company’s StartEngine page, Jet Token entered into a purchase agreement with HondaJet for the first aircraft in a multi-aircraft deal. Dated as of December 4th, 2020, the purchase agreement represents a deal not only for the provision of HondaJet Elite aircrafts but also for the marketing collaborations between the Jet Token and HondaJet brands. Honda Aircraft Company (aka HondaJet) is a subsidiary of Honda Motor Co. Ltd. (NYSE: HMC), the world’s largest manufacturer of combustion engines.

Jet Token expects to allow those who buy 25-hour memberships or 75-hour fractions the option to sell a portion of any unused time to other app users – a new feature in the private aviation industry. This benefit helps solve the 2 problems that the private aviation market has these days: no quick way of booking a flight with transparent pricing like with Expedia Group Inc. (NASDAQ: EXPE), and an efficient marketplace to buy or sell unused time to other bidders.

The Private Jet Market

According to the National Business Aviation Association (NBAA), the business jet industry contributes $200 billion a year to the U.S. economy. The average chartered flight lasts 1.5 hours with 2 to 3 passengers, and it is estimated that the average rate of a U.S. business jet is at $5,000 per hour. That mission profile hits the HondaJet Elite's sweet spot, and Jet Token intends to offer 25-hour blocks of time on its jets, or 75-hour, 5-year, fractional interests. Most 1-way charters include the cost of the empty return leg, so a 1.5-hour trip typically translates to 3 hours of billed time, or about $15,000. Business jet charter operators logged over a million landings in the U.S. during 2019, which equates to about $7.5 billion in overall charter revenue.

Competitors in the Space

Although the FAA lists approximately 2,000 Part-135 operators, of which many have just a single airplane, Jet Token counts roughly 35 competing programs, but the biggest include Berkshire Hathaway’s NetJets Inc. (NASDAQ: BRK-B), Vista Global, Wheels Up Experience Inc. (NYSE: UP), FlexJet and JetLinx.

Jet Token Identifies a Competitive Advantage  

• The company has a supply of aircraft in a period of excess demand and a strategic relationship with an aircraft manufacturer, HondaJet.
• With blockchain technology, it offers members an alternative to sell air time they might not need if their travel requirements change after paying upfront for an expensive membership.  
• The coming version of the app is planned to combine private and commercial travel on the same itinerary. Today the app offers private travel for both iOS and Android.
• By being blockchain-payment-compatible, it caters to the tech-savvy who have created over a trillion dollars of wealth in the past decade and who expect merchants to make payment systems more compatible.                     

Jet Token believes its unique business model with blockchain, an internal marketplace for the sale of unused time credits, and offering a single app for commercial and private travel sets it apart from other travel companies. 

Though, in today’s high demand market, simply having a supply of HondaJets may be the only thing they need. October of 2021 was the busiest month in the history of private aviation.

The preceding post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. Although the piece is not and should not be construed as editorial content, the sponsored content team works to ensure that any and all information contained within is true and accurate to the best of their knowledge and research. This content is for informational purposes only and not intended to be investing advice.

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For more information you can always reach a live US based representative 24/7 at 1-866-694-0014, and be sure to visit https://www.jettoken.com/investors.

Missing a perk? If so, please email alex@jettoken.com for same day assistance.

Disclaimer: This Reg A+ offering is made available through StartEngine Primary LLC, member FINRA/SIPC. Please read the Offering Circular (https://www.jettoken.com/oc) and its Risk Factors (https://www.jettoken.com/oc#riskfactors) disclosure before investing. This investment is speculative, illiquid, and involves a high degree of risk, including possible loss of entire investment.

WSJ: Private Flying Takes Off, Boosting Demand for Business Jets

Some well-heeled, would-be private-jet fliers are being turned away as industry booms

By Doug Cameron Nov. 27, 2021 9:00 am ET

A boom in private flying is helping revive business-jet sales, but it is also challenging charter operators who are scrambling to meet the holiday-travel rush.

After a multiyear slump, flying by private jet is soaring again. The number of flights in the U.S. over the Thanksgiving travel period is forecast to be up as much as 10% from 2019, according to WingX. Private-jet flights were up 60% in the first half of November compared with a year earlier, the data tracker said. FULL TEXT

For more information you can always reach a live US based representative 24/7 at 1-866-694-0014, and be sure to visit https://www.jettoken.com/investors.

Missing a perk? If so, please email alex@jettoken.com for same day assistance.

Disclaimer: This Reg A+ offering is made available through StartEngine Primary LLC, member FINRA/SIPC. Please read the Offering Circular (https://www.jettoken.com/oc) and its Risk Factors (https://www.jettoken.com/oc#riskfactors) disclosure before investing. This investment is speculative, illiquid, and involves a high degree of risk, including possible loss of entire investment.

HondaJet Elite SN 181 Delivered!

HondaJet SN181, the aircraft delivered to Jet Token Inc. 11.23.21 at the HondaJet plant in Greensboro, NC

Today is delivery day! We are pleased to announce that we have already pre-sold the jet cards allocated to this aircraft! If you have been waiting to invest, we’d encourage you to join the Jet Token family of investors now over 32,000 strong. Thank you for your support!

For more information you can always reach a live US based representative 24/7 at 1-866-694-0014, and be sure to visit https://www.jettoken.com/investors

Missing a perk? If so, please email alex@jettoken.com for same day assistance.

Disclaimer: This Reg A+ offering is made available through StartEngine Primary LLC, member FINRA/SIPC. Please read the Offering Circular (https://www.jettoken.com/oc) and its Risk Factors (https://www.jettoken.com/oc#riskfactors) disclosure before investing. This investment is speculative, illiquid, and involves a high degree of risk, including possible loss of entire investment.

Benzinga four minute interview with Jet Token

Michael Murray, Benzinga Director of Digital Growth, interviews Jet Token founder, Mike Winston 11.12.21

For more information you can always reach a live US based representative 24/7 at 1-866-694-0014, and be sure to visit https://www.jettoken.com/investors

Missing a perk? If so, please email alex@jettoken.com for same day assistance.

Disclaimer: This Reg A+ offering is made available through StartEngine Primary LLC, member FINRA/SIPC. Please read the Offering Circular and its Risk Factors disclosure before investing. This investment is speculative, illiquid, and involves a high degree of risk, including possible loss of entire investment.

The largest player in our space has halted flight access for those who buy new fractional shares, and now has over 1,500 persons on a waiting list for jet cards. Their fractional buyers can expect to wait a full year before their first flight thanks to a shortage of available aircraft and long production lead times. Full Text

We at Jet Token could not be more excited to be taking delivery of HondaJet Elite SN181 and to be able to offer card, fractions and charter into a private jet market experiencing record demand.

While you may know and love our website, did you know that we also have a page just for prospective customers? Check out https://www.lookbookandfly.com to see one of the ways we communicate with those in search of "lift."

For more information you can always reach a live US based representative 24/7 at 1-866-694-0014, and be sure to visit https://www.jettoken.com/investors

Missing a perk? If so, please email alex@jettoken.com for same day assistance.

Disclaimer: This Reg A+ offering is made available through StartEngine Primary LLC, member FINRA/SIPC. Please read the Offering Circular and its Risk Factors disclosure before investing. This investment is speculative, illiquid, and involves a high degree of risk, including possible loss of entire investment.

Argus: Bizav Activity Sets New Record in October

“Business aviation activity in North America set a new record last month with 323,000 flights, eclipsing the previous record set in July by 6.9 percent, according to just-released Argus TraqPak data. Looking ahead, the company's analysts expect North American traffic totals this month to be up better than 16 percent over pre-pandemic November 2019.

All operational categories saw gains last month, led by fractional, which was up 44.8 percent year-over-year (YOY) and 29.3 percent from October 2019. Part 91 activity increased 36.8 percent followed by Part 135 which rose by 33 percent YOY. As travel restrictions slowly ease, large-cabin jets have shown resiliency with activity in the segment up 60 percent from last year.

“October’s record flight activity continues to highlight the unprecedented demand for business aircraft in the North American market and globally, producing two of the top 10 busiest days on record,” said Travis Kuhn, Argus International’s v-p of market intelligence. “Further emphasizing the magnitude of these numbers, six of the seven days of the week averaged at least 10,000 flights per day during the month. That compares to October 2019 which saw just two of the seven days average 10,000 or more flights.”

Global business aviation activity for the month rose by more than 6 percent from September and increased more than 40 percent from the same period a year ago. In Europe, which recorded 81,000 business aviation flights for the month, activity increased by 64.3 percent over October 2020 and more than 30 percent from 2019 levels, while monthly activity in Africa, Asia, Australia, and South America rose in October after three straight months of decline.” Source

Image of aircraft type we intent to acquire

For more information you can always reach a live US based representative 24/7 at 1-866-694-0014, and be sure to visit https://www.jettoken.com/investors

Missing a perk? If so please email alex@jettoken.com for same day assistance.

 Disclaimer: You should read the Offering Circular and Risks related to this offering before investing. This Reg A+ offering is made available through StartEngine Primary, LLC, member FINRA/SIPC. This investment is speculative, illiquid, and involves a high degree of risk, including the possible loss of your entire investment. 

Jet Card sales are brisk as is charter activity for HondaJet SN49, and we continue to look forward to the delivery of HondaJet SN181 inside the year. Below please find three notable quotes that speak to the strength of the conditions in the private aviation market. New and existing flyers continue to seek the obvious reduction in exposure to crowds offered by the small airports, short wait times and controlled manifests that help define the private travel experience.

1. “It was unimaginable 15 months ago when transaction activity had ground to a halt as a result of the pandemic, that in September of this year, new aircraft would be trading at premiums, the OEM’s would have backlogs of 1-2 years in their most desirable models, pre-owned values would be up 20-to-30% plus YTD, and there would be effectively zero supply in most modern, pre-owned aircraft markets; however, that is exactly what has happened,” said Paul Kirby, EVP at NetJets’ QS Partners. Full Text

2. A variety of brokers and operators, including key players NetJets, Sentient Jet, Executive Jet Management, Jet Linx, and most recently Priester Aviation, have stopped taking new jet card customers or halted sales entirely. Broker Air Partner recently imposed over 30 blackout days for its fixed rates during the upcoming holidays. Full Text

3. “It's crazy what a difference a year makes,” he said. "Last year we were slashing production. We had a workforce reduction. We did anticipate at the time that there might be a positive market coming back, but we didn't expect this kind of V-shaped snapback that we saw, and this started in Q4 last year. So about this time a year ago, it started in the used market and it just continued to ramp throughout the year.” (Textron Aviation president and CEO Ron Draper)  Full Text

For more information you can always reach a live US based representative 24/7 at 1-866-694-0014, and be sure to visit https://www.jettoken.com/investors

Missing a perk? If so please email alex@jettoken.com for same day assistance.

Disclaimer: This Reg A+ offering is made available through StartEngine Primary LLC, member FINRA/SIPC. This investment is speculative, illiquid, and involves a high degree of risk, including possible loss of entire investment.

A common theme from NBAA (National Business Aviation Association) & Business Aviation Convention & Exhibition (BACE) this year was that aircraft demand outstripped supply with many manufacturers sold out through 2022 and even into 2023 in some cases. From an operational standpoint, the five largest fractional programs have shut down sales of jet cards and fractional sales of certain light jets due to aircraft supply limitations. Today the wait list for just one of the large jet card programs in our industry runs over a thousand names long. We here at Jet Token have also seen this excess demand, and have sold two jet cards in just the past week. We have immediate availability because our HondaJet Elite S aircraft are now being delivered (after years of meticulous planning).

"We are encouraged by what we heard at the NBAA this week, the conference was an outstanding reboot after a year and a half of pandemic related dormancy. The largest fractional programs have halted sales of some services for lack of capacity and some have even created waiting lists. Most business jet manufacturers are sold out through 2022, based on our informal survey. JetToken and HondaJet appear well positioned to offer service to a private aviation marketplace experiencing record demand.” 

-Mike Winston Chairman of Jet Token

Photos From 2021 NBAA & BACE

For more information you can always reach a live US based representative 24/7 at 1-866-694-0014, and be sure to visit https://www.jettoken.com/investors

Missing a perk? If so please email alex@jettoken.com for same day assistance.

Disclaimer: This Reg A+ offering is made available through StartEngine Primary LLC, member FINRA/SIPC. This investment is speculative, illiquid, and involves a high degree of risk, including possible loss of entire investment.

Last week the Jet Token team traveled to the Honda Aircraft facility in Greensboro, North Carolina for the technical inspection of our next HondaJet Elite.  The fantastic team at Honda Aircraft did an exceptional job making this a very pleasant experience.  The technical acceptance includes a comprehensive exterior and interior inspection, a thorough review of the aircraft records, and finally a technical acceptance flight.  We are pleased to report that the technical acceptance was a success! Our next step will be the actual delivery of the aircraft which will be happening shortly, and then we will be flying the aircraft back to Las Vegas to start service with our customers!

Some short videos with Mike Winston and Patrick McNulty from Greensborough, NC at the HondaJet facility

For more information you can always reach a live US based representative 24/7 at 1-866-694-0014, and be sure to visit https://www.jettoken.com/investors

Missing a perk? If so please email alex@jettoken.com for same day assistance.

Disclaimer: This Reg A+ offering is made available through StartEngine Primary LLC, member FINRA/SIPC. This investment is speculative, illiquid, and involves a high degree of risk, including possible loss of entire investment.

This week we visited the HondaJet plant for pre-delivery inspection of our second aircraft! Be sure to catch up on our new hires, featured interviews and first jet delivery below.

Mike Winston, Chairman of Jet Token, reports on the HondaJet Classic, pictured above, delivered to Jet Token Inc. at the HondaJet plant in Greensboro, NC. 7.28.21.

Check out interviews in CEO Magazine with George Murnane (CEO, Jet Token) and Brenda Paauwe-Navori (Head of Sales & Marketing, Jet Token)

	June 1, 2021 Flying high: George Murnane
	August 18, 2021 Jetting to new heights with blockchain: Brenda Paauwe-Navori

2021 Additions to the Jet Token Team
	Patrick McNulty Vice President Jet Token Following eight successful years with Honda Aircraft Company as a manager of Sales Operations and Business Development, Patrick McNulty joins Jet Token as Vice President. Mr. McNulty is widely regarded as one of the world's leading experts on the HondaJet. Prior to Honda Aircraft Company, he worked in the aircraft engine division of Rolls-Royce North America and at light jet manufacturer Eclipse Aviation. Mr. McNulty is a graduate of the Embry-Riddle Aeronautical University (BS Aerospace Engineering, MBA Aviation) and resides in Henderson, NV with his wife and two children.
	Kienan Franklin Sales Director for the Texas and Rocky Mtn Region Kienan Franklin joins Jet Token as a Sales Director, following six successful years focused on new aircraft sales of Cessna’s CitationJet series. Within weeks of joining Jet Token, Kienan has already distinguished himself by selling our first 25hr membership. He graduated from the University of Kentucky in 2011 with a BA in marketing and resides in Denver, Colorado, with his wife and two children. In his free time, Kienan enjoys skiing, hunting, and all things outdoors with his family.

For more information you can always reach a live US based representative 24/7 at 1-866-694-0014, and be sure to visit https://www.jettoken.com/investors

Missing a perk? If so please email alex@jettoken.com for same day assistance.

Disclaimer: This Reg A+ offering is made available through StartEngine Primary LLC, member FINRA/SIPC. This investment is speculative, illiquid, and involves a high degree of risk, including possible loss of entire investment.

Today we’re headed to the HondaJet plant for pre-delivery inspection of our second aircraft!

Image of aircraft we’ll be inspecting, tail number subject to revision 

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For more information you can always reach a live US based representative 24/7 at 1-866-694-0014, and be sure to visit https://www.jettoken.com/investors

Missing a perk? If so please email alex@jettoken.com for same day assistance.

Disclaimer: This Reg A+ offering is made available through StartEngine Primary LLC, member FINRA/SIPC. This investment is speculative, illiquid, and involves a high degree of risk, including possible loss of entire investment.

Thank you for being a great investor!

Over $1M raised and climbing 

Click HERE to invest!

From left to right: Kienan Franklin, George Murnane, Scott Crellin, Brenda Paauwe-Navori, Erin Lear, Jimmy Brooks, Mike Winston, Patrick McNulty - photo taken at Cirrus Aviation hangar, Las Vegas.

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For more information you can always reach a live US based representative 24/7 at 1-866-694-0014, and be sure to visit https://www.jettoken.com/investors. 

Missing a perk? If so please email alex@jettoken.com for same day assistance.

Disclaimer: This Reg A+ offering is made available through StartEngine Primary LLC, member FINRA/SIPC. This investment is speculative, illiquid, and involves a high degree of risk, including possible loss of entire investment. Please read the Offering Circular and its Risk Factors disclosure before investing.

We’re excited to welcome Patrick McNulty

as Vice President of Jet Token!

Patrick McNulty

Click HERE to invest!

Patrick McNulty joins as Vice President of Jet Token, following eight successful years with Honda Aircraft Company as a manager of Sales Operations and Business Development.  He is widely regarded as one of the world's leading experts on the HondaJet. Prior to HondaJet he worked in the aircraft engine division of Rolls-Royce North America and at light jet manufacturer Eclipse Aviation. Mr. McNulty is a graduate of the Embry-Riddle Aeronautical University (BS Aerospace Engineering, MBA Aviation). He resides in Henderson, NV with his wife and two children.

For more information you can always reach a live US based representative 24/7 at 1-866-694-0014, and be sure to visit https://www.jettoken.com/investors. 

Missing a perk? If so please email alex@jettoken.com for same day assistance.

Disclaimer: This Reg A+ offering is made available through StartEngine Primary LLC, member FINRA/SIPC. This investment is speculative, illiquid, and involves a high degree of risk, including possible loss of entire investment. Please read the Offering Circular and its Risk Factors disclosure before investing.

 We’re excited to welcome Kienan Franklin as

Sales Director for the Texas and Rocky Mtn Region!

Kienan Franklin

Click HERE to invest!

Kienan Franklin joins Jet Token as a Sales Director, following six successful years focused on new aircraft sales of Cessna’s CitationJet series. Within weeks of joining Jet Token, Kienan has already distinguished himself by selling our first 25hr membership. He graduated from the University of Kentucky in 2011 with a BA in marketing and resides in Denver, Colorado, with his wife and two children. In his free time, Kienan enjoys skiing, hunting, and all things outdoors with his family. 

For more information you can always reach a live US based representative 24/7 at 1-866-694-0014, and be sure to visit https://www.jettoken.com/investors. 

Missing a perk? If so please email alex@jettoken.com for same day assistance.

Disclaimer: This Reg A+ offering is made available through StartEngine Primary LLC, member FINRA/SIPC. This investment is speculative, illiquid, and involves a high degree of risk, including possible loss of entire investment. Please read the Offering Circular and its Risk Factors disclosure before investing.

Delivery at the HondaJet Plant with Chairman Mike Winston

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Mike Winston, Chairman of Jet Token, reports from the HondaJet plant in Greensboro, NC 7.28.21

Click HERE to invest!

For more information you can always reach a live US based representative 24/7 at 1-866-694-0014, and be sure to visit https://www.jettoken.com/investors. 

Missing a perk? If so please email alex@jettoken.com for same day assistance.

Disclaimer: This Reg A+ offering is made available through StartEngine Primary LLC, member FINRA/SIPC. This investment is speculative, illiquid, and involves a high degree of risk, including possible loss of entire investment. Please read the Offering Circular and its Risk Factors disclosure before investing.

We’re excited to welcome Erin “Elle” Lear as

Sales Director for the Pacific Southwest!

Erin “Elle” Lear pictured with the iconic 1964 Learjet 23.

Click HERE to invest!

For more information you can always reach a live US based representative 24/7 at 1-866-694-0014, and be sure to visit https://www.jettoken.com/investors. Follow Elle on Instagram @jet_blondie, and Jet Token (@jettoken).

Missing a perk? If so please email alex@jettoken.com for same day assistance.

Disclaimer: This Reg A+ offering is made available through StartEngine Primary LLC, member FINRA/SIPC. This investment is speculative, illiquid, and involves a high degree of risk, including possible loss of entire investment. Please read the Offering Circular and its Risk Factors disclosure before investing.

Invest today with Jet Token at 75c per share, the campaign is now live. Thank you to all our investors and followers for your support!

Click HERE to invest!

Click HERE to invest!

For more information you can always reach a live US based representative 24/7 at 1-866-694-0014, and be sure to visit https://www.jettoken.com/investors.

Missing a perk? If so please email alex@jettoken.com for same day assistance.

Disclaimer: This Reg A+ offering is made available through StartEngine Primary LLC, member FINRA/SIPC. This investment is speculative, illiquid, and involves a high degree of risk, including possible loss of entire investment.

Thank you for your investment in Jet Token, we are pleased to announce our new campaign and look forward to reporting progress.

Click HERE to reserve your shares!

From left to right, CEO George Murnane, Head of Sales and Board Member Brenda Paauwe-Navori, and Mike Winston Executive Chair - Photo taken at Cirrus Aviation, Las Vegas

Click HERE to reserve your shares!

For more information you can always reach a live US based representative 24/7 at 1-800-602-5678 option 3 or visit https://www.jettoken.com/investors.

Are you missing a perk? If so please email alex@jettoken.com for same day assistance.

In the meantime, be sure to check out the new apps in the iOS and Android stores, respectively, and to follow us on Facebook and Youtube. Thank you for your interest in Jet Token, we appreciate you!

RESERVING SECURITIES IS SIMPLY AN INDICATION OF INTEREST. This prospective investment would be speculative, illiquid, and would involve a high degree of risk, including the possible loss of your entire proposed investment. We are "testing the waters" but are not under any obligation to make an offering under Regulation A. No money or other consideration is being solicited, and if sent in response, it will not be accepted. No sale of securities will be made or commitment to purchase accepted until qualification of the offering statement by the SEC. Any indication of interest is non-binding and involves no obligation or commitment of any kind. No offer to buy securities can be accepted and no part of the purchase price can be received without an Offering Statement that has been qualified by the SEC. A copy of the preliminary offering circular that forms a part of the offering statement may be obtained at www.jettoken.com/oc.