Jet.AI launched "Ava," an AI model for efficiently booking private jets via call or text, enhancing customer experience and transparency.
Quiver AI Summary
Jet.AI Inc. has launched "Ava," an advanced AI model that allows customers to book private jets via text or call at +1-888-492-4538. Ava offers real-time aircraft availability, transparent pricing, and personalized guidance, catering to both experienced and first-time travelers. The service includes a full conversational experience through SMS and connects users to the CharterGPT app for efficient trip management. Updates to the app enhance notifications, carbon tracking, and streamline the booking process. Mike Winston, founder of Jet.AI, described Ava as a transformative solution in private jet booking while maintaining human oversight during the process. Jet.AI operates in software and aviation segments and has been recognized as an official partner of the Las Vegas Golden Knights.
Potential Positives
- The launch of the agentic AI model “Ava” enhances the customer experience by providing a convenient and efficient way to book private jets via text or call.
- Ava offers real-time aircraft availability, transparent pricing, and personalized support, catering to both seasoned flyers and first-time travelers.
- The significant updates to the CharterGPT app, including carbon tracking and enhanced notifications, demonstrate the company’s commitment to sustainability and user engagement.
- Jet.AI's partnership with the Las Vegas Golden Knights reflects its growing brand visibility and potential for market expansion within the private aviation industry.
Potential Negatives
- The press release highlights that while the company is launching an AI model, it still emphasizes the need for human involvement in the booking process, which may indicate limitations in the AI's capabilities.
- Jet.AI's dependence on forward-looking statements in the release suggests potential uncertainty and risks regarding the actual performance and future results of the new AI model and the overall company.
- The mention of various forward-looking risks may create investor concern about the company's stability and future direction, potentially affecting stock performance and investor confidence.
FAQ
What is Jet.AI's new AI model, Ava?
Ava is an agentic AI model that helps customers book private jets via text or call, providing real-time availability and pricing.
How can I book a private jet with Ava?
To book a private jet, simply call or text Ava at +1-888-492-4538 for assistance with your booking.
What features does the CharterGPT app offer?
The CharterGPT app includes enhanced notifications, carbon tracking, and deep linking for managing private jet trips efficiently.
Is Ava suitable for first-time travelers?
Yes, Ava provides expert guidance and a personalized experience tailored for both seasoned and first-time private jet travelers.
What are the benefits of using Ava for jet bookings?
Ava ensures convenience, transparency in pricing, and a seamless booking experience, maximizing efficiency and minimizing costs for users.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$JTAI Insider Trading Activity
$JTAI insiders have traded $JTAI stock on the open market 3 times in the past 6 months. Of those trades, 3 have been purchases and 0 have been sales.
Here’s a breakdown of recent trading of $JTAI stock by insiders over the last 6 months:
- MICHAEL D. WINSTON (Exec. Chairman; Interim CEO) purchased 4,130,503 shares.
- GEORGE III MURNANE (Interim CFO) purchased 7 shares.
- PATRICK MCNULTY (Chief Operating Officer) purchased 7 shares.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$JTAI Hedge Fund Activity
We have seen 21 institutional investors add shares of $JTAI stock to their portfolio, and 12 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- CCG WEALTH MANAGEMENT, LLC added 181,829 shares (+inf%) to their portfolio in Q3 2024
- CLEAR STREET LLC added 100,110 shares (+inf%) to their portfolio in Q3 2024
- STATE STREET CORP removed 76,558 shares (-99.6%) from their portfolio in Q3 2024
- OCONNOR, A DISTINCT BUSINESS UNIT OF UBS ASSET MANAGEMENT AMERICAS (LLC) added 58,993 shares (+inf%) to their portfolio in Q3 2024
- UBS GROUP AG added 58,808 shares (+inf%) to their portfolio in Q3 2024
- VANGUARD GROUP INC removed 42,788 shares (-99.6%) from their portfolio in Q3 2024
- TWO SIGMA SECURITIES, LLC added 42,164 shares (+inf%) to their portfolio in Q3 2024
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
Text or Call “Ava” at +1-888-492-4538
LAS VEGAS, Dec. 24, 2024 (GLOBE NEWSWIRE) -- Jet.AI Inc. ("Jet.AI" or the "Company") (NASDAQ: JTAI),
an innovative private aviation and artificial intelligence company, announced the launch of its cutting-edge agentic AI model, “Ava,” who books private jets.
Customers can now conveniently book private jets by calling or texting
+1-888-492-4538
, where the AI provides real-time aircraft availability, transparent pricing, and expert guidance to help users select the perfect jet for their journey. For those who prefer texting, Ava enables full conversational experience via SMS, responding to inquiries, sharing details, and providing a direct link to the CharterGPT app for seamless trip management. The AI ensures every customer receives a personalized and efficient experience, whether they’re seasoned flyers or first-time travelers.
This announcement coincides with significant updates to the CharterGPT private jet booking app, including:
Enhanced Push Notifications:
Stay updated with real-time changes to travel reservations
Carbon Tracking and Offsetting:
Empowering travelers to make eco-conscious decisions directly within the app
Deep Linking for Trip Sheets:
Ava can conclude a text conversation by providing a link that automatically opens the CharterGPT app, where the traveler can access the discussed trip
“The launch of our agentic AI model marks a new era in private jet booking, providing customers with a helpful solution while minimizing costs from our end,” said Mike Winston, Founder and Exec Chair of Jet.AI. “Because of the high dollar price and unique aspects of private travel, we are committed to having a human in the loop. But the later in the booking process that happens, the better our productivity. In all our tests Ava has been a champion, always poised, well informed and on point. The next step for the company is to ask Ava to begin calling charter operators to confirm availability and pricing. I’d encourage everyone reading this to call +1-888-492-4538 and try it for yourself, it’s remarkable.”
Discover the future of private jet booking today by calling or texting
+1-888-492-4538
. For a video demo of Ava’s text feature visit:
https://www.youtube.com/shorts/cV1aqqnh6B0
.
About Jet.AI
Jet.AI operates in two segments, Software and Aviation, respectively. The Software segment features the B2C CharterGPT app and the B2B Jet.AI Operator platform. The CharterGPT app uses natural language processing and machine learning to improve the private jet booking experience. The Jet.AI operator platform offers a suite of standalone software products to enable FAA Part 135 charter providers to add revenue, maximize efficiency, and reduce environmental impact. The Aviation segment features jet aircraft fractions, jet card, on-fleet charter, management, and buyer's brokerage. Jet.AI is an official partner of the Las Vegas Golden Knights, 2023 NHL Stanley Cup
®
champions. The Company was founded in 2018 and is based in Las Vegas, Nevada and San Francisco, California.
Forward-Looking Statements
This press release contains certain statements that may be deemed to be "forward-looking statements" within the meaning of the federal securities laws, including the safe harbor provisions under the Private Securities Litigation Reform Act of 1995, with respect to the products and services offered by Jet.AI and the markets in which it operates, and Jet.AI's projected future results. Statements that are not historical are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking statements relate to future events or our future performance or future financial condition. These forward-looking statements are not historical facts, but rather are based on current expectations, estimates and projections about our Company, our industry, our beliefs and our assumptions. These forward-looking statements generally are identified by the words "believe," "project," "expect," "anticipate," "estimate," "intend," "strategy," "future," "opportunity," "plan," "may," "should," "will," "would," "will be," "will continue," "will likely result," and similar expressions or the negative of these terms or other similar expressions, but the absence of these words does not mean that a statement is not forward-looking. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties that could cause the actual results to differ materially from the expected results. As a result, caution must be exercised in relying on forward-looking statements, which speak only as of the date they were made. Factors that could cause actual results to differ materially from those expressed or implied in forward-looking statements can be found in the Company's most recent Annual Report on Form 10-K, Registration Statement on Form S-4, filed June 27, 2024, and amended on July 11, 2024, Registration Statement on Form S-1, filed and amended on September 3, 2024, and subsequent reports filed by the Company with the Securities and Exchange Commission, as such factors may be updated from time to time in the Company's periodic filings with the SEC, which are accessible on the SEC's website at
www.sec.gov
.
These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements.
New risks emerge from time to time. It is not possible for our management to predict all risks, nor can we assess the impact of all factors on our business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements we may make. In light of these risks, uncertainties, and assumptions, the forward-looking events and circumstances discussed in this press release may not occur, and actual results could differ materially and adversely from those anticipated.
Readers are cautioned not to put undue reliance on forward-looking statements. Forward-looking statements speak only as of the date they are made, and Jet.AI assumes no obligation and does not intend to update or revise these forward-looking statements, whether because of new information, future events, or otherwise, except as provided by law.
Contacts:
Investor Relations:
Gateway Group, Inc.
+1-949-574-3860
Jet.AI@gateway-grp.com
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
