Jetsmarter is an app built by 27-year-old entrepreneur Sergey Petrossev- New funding will go to expanding routes and buying up more flights
- Members pay $9,000 (£5,797) a year to get access to private flights
Chartering a private jet, it turns out, isn't as glamorous as it sounds.
You
have to fill out what seems like an endless amount paperwork and be in
constant touch with brokers – a hassle the mega-rich could do without.
Now a Jay Z-funded app, set to become the Uber for planes, has made the chore that little bit easier for the one per cent.
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A Jay
Z-funded app, set to become the Uber for planes, has just raised $20
million to expand its service. etsmart, an app built by 27-year-old
entrepreneur Sergey Petrossev, claims to let anyone book a flight on a
private jet in a matter of seconds
Jetsmarter,
an app built by 27-year-old entrepreneur Sergey Petrossev, claims to
let anyone book a flight on a private jet in a matter of seconds.
'I started the company out of a frustration with the process,' Petrossov told Business Insider. 'I kept thinking to myself, 'Why hasn't this service been brought into the digital world?''
The app just closed a $20 million funding round from various sources.
High profile investors included Jay Z and the Saudi Royal Family. The amount they have invested remains undisclosed.
The funding will go to expanding routes and buying up more flights from carriers, the company said.
The company has three different
products; JetDeals, JetShuttle and JetCharter. Members pay $9,000
(£5,797) a year to get unlimited access to private flights
Jetsmarter
was built by entrepreneur Sergey Petrossev (left) from Florida. The
average JetSmarter member is tech-savvy, aged between 25 and 50 and
earns at least ($1 millio) a year, according to Petrossov
The company has three different products; JetDeals, JetShuttle and JetCharter.
JetDeals
involves booking a one-way private flight on demand, while JetShuttle
anyone to get a seat on a pre-scheduled private flight.
JetCharter,
meanwhile, lets customers pick out private, customers travel packages
that can be completely customised by route and aircraft.
Members pay $9,000 (£5,797) to get access to wholesale rates on charters, free JetDeals and a free seat on JetShuttle flights.
The
average JetSmarter member is tech-savvy, aged between 25 and 50 and
earns at least ($1 millio) a year, according to Petrossov.
Some of the most popular routes include the 'Golden Triangle' between Miami, New York and Los Angeles.
But
almost anything is possible. JetSmarter once received a request to
transport a tonne of gold between South America and Europe.
Speaking
to Bloomberg TV last year, Petrossov said: 'JetSmarter is an app that
you can go on and access the entire inventory of private aircraft around
the world.
'There
are more than 3,000 aeroplanes on our app; it's literally as easy as
putting in your itinerary, you pick the exact aircraft that you want,
you see real photographs all amenities, insurance information and safety
history.
'You
press 'book,' put in your credit card, it's all cashless, paperless,
people say 'wow', they can't believe you can book a private jet through
an app.'
The airplanes detailed in the app are controlled by vendors, which JetSmarter connect to via GPS to work out scheduling.
'People fly private so they don't have to go through the airport,' Petrossov told Business Insider.
'You
can show up five minutes before the flight, park your car right next to
the jet, and then just get on your flight,' Petrossov said.
A free helicopter ride will even be offered from the airport to take you to your hotel.
Some of the most popular routes
include the 'Golden Triangle' between Miami, New York and Los Angeles.
But almost anything is possible. JetSmarter once received a request to
transport a tonne of gold between South America and Europe
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