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We are developing our platform so that it can also be used to combine commercial and private travel, worldwide, on one itinerary, creating a seamless experience for travelers. In addition to the pricing of our own aircraft, Jet Token’s new booking app displays a variety of options across private aircraft types with a range of prices drawn from a list of thousands of aircraft. We intend to offer instant booking and today already offer users the ability to request a jet and simultaneously task us with seeking a lower-cost alternative. Having our own fleet of HondaJet Elites is expected to provide the backup we need in the event we charter a plane and the operator of that plane cancels the last minute.

Private jet travel is a multi-billion dollar industry

• According to the NBAA, the business jet industry contributes $200 billion dollars per year to the US economy.

• The average flight lasts 1.5 hours with 2-3 passengers, and we estimate the average charter rate of a US business jet at $5,000/hr. That mission profile hits the HondaJet Elite's sweet spot and we intend to charge meaningfully less than $5,000/hr for twenty-five-hour blocks of time on our jets, or seventy-five-hour, five year, fractional interests.

• Most one-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 ~$15,000.

• Business jet charter operators logged over a million landings in the US during 2019.

One million charter landings per year x $7.5k per leg equals $7.5bn in charter landings alone.

We book private and commercial jets together and members may resell unused jet time without penalty, all thanks to blockchain technology

Although the FAA lists approximately 2,000 Part-135 operators (many with just a single airplane) we count roughly 35 competing programs and note the following because of their scale: NetJets, Vista Global/JetSmarter, WheelsUp/Delta Private Jets, JetSuite, FlexJet, and JetLinx.

We compete in three ways. 

• First, with blockchain technology, we offer members an alternative to sell time they might not need if their travel requirements change after paying upfront for an expensive membership.  

• Second, for those who mix private and commercial travel on the same itinerary, we offer our App. 

• Third, by being blockchain payment compatible we cater to the tech-savvy who have created over a trillion dollars of wealth in the past decade and who expect merchants to make their payment systems more compatible.

HondaJet membership in the Western US and an app for global charter

• We use our platform to sell private jet charters (and plan to later integrate commercial bookings - all on one itinerary)

• We plan to sell memberships  with packages of flight hours on our fleet of acquired HondaJet Elites

Why combine private and commercial bookings? Savings. A private jet flight booked directly from London to a smaller US city on the West Coast might cost a whopping $110,000. That same travel plan, broken down into a first-class commercial ticket from London to Los Angeles, and then a private jet flight from LA to that smaller city, might cost only 15% of the fully private direct option.

Why accept both traditional and blockchain forms of payment? This may allow for faster booking confirmation of air charter flights, particularly on weekends and holidays coinciding with periods of peak travel demand (when banks are generally closed). We have taken special care to understand and accommodate the payment preferences of the new tech-savvy flyers who have seen their wealth grow with blockchain.

Experience in the air and on the ground

Our team is passionate about bringing the best platform possible to private air travel. CEO George Murnane has over thirty years of experience in aviation and is a pilot with commercial, instrument and multi-engine ratings. He was most recently employed as CEO of ImperialJet, where for seven years he ran a European private jet charter company that operated its own private aircraft. Prior to ImperialJet, George served in various executive roles in the private and commercial aviation industry including COO/CFO of Vista Global and CFO of Mesa Air. Before aviation, George spent a decade as a successful investment banker in the transportation industry group of Merrill Lynch. He is a graduate of the University of Pennsylvania (BA) and The Wharton School (MBA).

Join the 27,000+ investors and help change the future of private aviation

Private air travel is a highly fragmented industry undergoing consolidation. While commercial aviation has seen meaningful evolution in its booking systems, private aviation has lagged. Jet Token offers an opportunity to invest in a membership and booking platform for the ultra-modern age of aviation.

We make money two ways, the booking platform, and memberships. Seasoned executives helped craft the business model. We have app for both iOS and Android, a purchase agreement with HondaJet and a contract with Cirrus Aviation. With more than 40 years of operating history and an independently audited ARGU/US Platinum rating, Cirrus Aviation is the largest private jet charter and management company in Las Vegas.

The price of an hour of flight time and the customers' desire to manage that cost help explain how another innovator in the private aviation industry, MarquisJet, was able to go from zero to $150 million of sales in only two years. We are committed to building shareholder value and with your help, are bringing new jobs and new technology to democratize private travel.

We are eager to work in your interest!

Have questions? We have answers.

Why have planes?

The most important feature one can deliver in private aviation is safe, guaranteed, capacity on demand.  No one needs another charter broker without assets to facilitate customer orders. There are an estimated thirty-five days a year, including holidays and big sporting events, when it is nearly impossible to instantaneously charter a private jet. Only membership programs offer guaranteed aircraft availability. In addition to being available for members, our own fleet of HondaJets may allow us to offer a charter customer an alternative in the event a third-party operator booked through our app cancels a reservation at the last minute.

Why HondaJet Elite?

We believe the HondaJet Elite is one of the quietest and most cost-efficient light jets on the market and is ideally suited to the average US business jet mission profile mentioned above (2-3 passengers, 1.5 hrs). Engines on the wings mean less weight on the tail and more room in the cabin. The wing-mounted engines allow for a tranquil, spacious interior with generous baggage space and a fully enclosed lavatory. Below feel free to view this informative video on the HondaJet.