{"id":1728,"date":"2016-12-16T12:36:26","date_gmt":"2016-12-16T19:36:26","guid":{"rendered":"http:\/\/flightlistpro.com\/private-jet-charter\/?p=1728"},"modified":"2016-12-16T12:36:26","modified_gmt":"2016-12-16T19:36:26","slug":"jetsmarter-becomes-first-business-aviation-unicorn","status":"publish","type":"post","link":"https:\/\/flightlistpro.com\/private-jet-charter\/jetsmarter-becomes-first-business-aviation-unicorn\/","title":{"rendered":"JetSmarter Becomes First Business Aviation Unicorn"},"content":{"rendered":"

From Corporate Jet Investor, 12\/16\/16:<\/strong><\/p>\n

JetSmarter this week raised $105 million in funding, at what it says is a $1.5 billion pre-money valuation. This makes it the first business aviation unicorn (a private company with a valuation of $1 billion).<\/p>\n

The company said the Series C funds came from new investors \u00a0including an Abu Dhabi \u00a0growth equity fund, operator JetEdge<\/strong>, London venture capital firm KZ Capital, and a Qatar private equity fund. Some existing investors also participated, although possibly at a different valuation.<\/p>\n

The $1.5 billion valuation is astonishing.<\/p>\n

An online charter market, Avinode, estimates the total value of the global business aviation charter market at between $10 billion and $12 billion a year – although this does not include flight sharing, something that JetSmarter is pioneering.<\/p>\n

Uber – which claims to have raised funds at more than a $62 billion valuation – is the most valuable and best known of more than 170 Unicorns (although many analysts disagree with many of the valuations of companies on this list). Although JetSmarter is often referred to as being like\u00a0Uber for business jets, it has a very different model. JetSmarter sells first year memberships at $15,000 and says it has more than 6,700 members.<\/p>\n

Members can book normal private charter, fly for free on regular shuttle services, charter shared flights and fly for free on empty legs. It does not own aircraft, instead chartering them from operators like XOJET<\/strong>, JetEdge<\/strong> and others.<\/p>\n

The company says that it will use the new cash to launch new scheduled\u00a0shuttles as well as launch in Asia and South America.<\/p>\n

This is arguably the biggest business aviation story of 2016. JetSmarter was launched in 2012 and is now apparently valued at $1.5 billion. In comparison, Textron<\/strong> – the parent of Cessna<\/strong> which builds aircraft used by JetSmarter and was founded in 1927 – has a market cap of $13.6 billion.<\/p>\n

Source: \u00a0Alasdair Whyte,\u00a0Corporate Jet Investor<\/a>, 12\/16\/16<\/p>\n","protected":false},"excerpt":{"rendered":"

JetSmarter this week raised 105 Million in funding, at what it says is a 1.5 Billion pre-money valuation. This makes it the first business aviation unicorn (a private company with a valuation of 1 Billion). <\/p>\n

Members can book normal private charter, fly for free on regular shuttle services, charter shared flights and fly for free on empty legs. It does not own aircraft, instead chartering them from operators like XOJET, JetEdge and others.<\/p>\n

The company says that it will use the new cash to launch new scheduled shuttles as well as launch in Asia and South America.<\/p>\n

The 1.5 Billion valuation is astonishing. . . <\/p>\n

[Full article- click below. Also named in this alert: XOJET, JetEdge, Cessna, Textron]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[43],"tags":[45,101],"class_list":["post-1728","post","type-post","status-publish","format-standard","hentry","category-private-aviation-industry-news","tag-air-charter-news","tag-private-aviation-news"],"yoast_head":"\nJetSmarter Becomes First Business Aviation Unicorn - Jet Charter News Alerts, Broker-Operator Directory - FlightList PRO<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/flightlistpro.com\/private-jet-charter\/jetsmarter-becomes-first-business-aviation-unicorn\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"JetSmarter Becomes First Business Aviation Unicorn\" \/>\n<meta property=\"og:description\" content=\"JetSmarter this week raised 105 Million in funding, at what it says is a 1.5 Billion pre-money valuation. This makes it the first business aviation unicorn (a private company with a valuation of 1 Billion). Members can book normal private charter, fly for free on regular shuttle services, charter shared flights and fly for free on empty legs. It does not own aircraft, instead chartering them from operators like XOJET, JetEdge and others. The company says that it will use the new cash to launch new scheduled shuttles as well as launch in Asia and South America. The 1.5 Billion valuation is astonishing. . . [Full article- click below. Also named in this alert: XOJET, JetEdge, Cessna, Textron]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/flightlistpro.com\/private-jet-charter\/jetsmarter-becomes-first-business-aviation-unicorn\/\" \/>\n<meta property=\"og:site_name\" content=\"Jet Charter News Alerts, Broker-Operator Directory - FlightList PRO\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/flightlistpro\/\" \/>\n<meta property=\"article:published_time\" content=\"2016-12-16T19:36:26+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/flightlistpro.com\/private-jet-charter\/wp-content\/uploads\/2019\/11\/Jet-charter-directory.png?fit=642%2C324&ssl=1\" \/>\n\t<meta property=\"og:image:width\" content=\"642\" \/>\n\t<meta property=\"og:image:height\" content=\"324\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"FlightList PRO\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@FlightListPro\" \/>\n<meta name=\"twitter:site\" content=\"@FlightListPro\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"FlightList PRO\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/flightlistpro.com\\\/private-jet-charter\\\/jetsmarter-becomes-first-business-aviation-unicorn\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/flightlistpro.com\\\/private-jet-charter\\\/jetsmarter-becomes-first-business-aviation-unicorn\\\/\"},\"author\":{\"name\":\"FlightList PRO\",\"@id\":\"https:\\\/\\\/flightlistpro.com\\\/private-jet-charter\\\/#\\\/schema\\\/person\\\/79715dff4466bd0fd6079046aa0ed2fd\"},\"headline\":\"JetSmarter Becomes First Business Aviation Unicorn\",\"datePublished\":\"2016-12-16T19:36:26+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/flightlistpro.com\\\/private-jet-charter\\\/jetsmarter-becomes-first-business-aviation-unicorn\\\/\"},\"wordCount\":311,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/flightlistpro.com\\\/private-jet-charter\\\/#organization\"},\"keywords\":[\"Air Charter News\",\"Private Aviation News\"],\"articleSection\":[\"Private Aviation Industry News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/flightlistpro.com\\\/private-jet-charter\\\/jetsmarter-becomes-first-business-aviation-unicorn\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/flightlistpro.com\\\/private-jet-charter\\\/jetsmarter-becomes-first-business-aviation-unicorn\\\/\",\"url\":\"https:\\\/\\\/flightlistpro.com\\\/private-jet-charter\\\/jetsmarter-becomes-first-business-aviation-unicorn\\\/\",\"name\":\"JetSmarter Becomes First Business Aviation Unicorn - Jet Charter News Alerts, Broker-Operator Directory - FlightList PRO\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/flightlistpro.com\\\/private-jet-charter\\\/#website\"},\"datePublished\":\"2016-12-16T19:36:26+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/flightlistpro.com\\\/private-jet-charter\\\/jetsmarter-becomes-first-business-aviation-unicorn\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/flightlistpro.com\\\/private-jet-charter\\\/jetsmarter-becomes-first-business-aviation-unicorn\\\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/flightlistpro.com\\\/private-jet-charter\\\/jetsmarter-becomes-first-business-aviation-unicorn\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/flightlistpro.com\\\/private-jet-charter\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"JetSmarter Becomes First Business Aviation Unicorn\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/flightlistpro.com\\\/private-jet-charter\\\/#website\",\"url\":\"https:\\\/\\\/flightlistpro.com\\\/private-jet-charter\\\/\",\"name\":\"Jet Charter News Alerts, Charter Operator Directory, Broker Directory - FlightList PRO\",\"description\":\"Charter Operator and Broker News Alerts and Charter Aircraft, Operator and Broker Directory\",\"publisher\":{\"@id\":\"https:\\\/\\\/flightlistpro.com\\\/private-jet-charter\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/flightlistpro.com\\\/private-jet-charter\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/flightlistpro.com\\\/private-jet-charter\\\/#organization\",\"name\":\"FlightList PRO Jet Charter Search Platform\",\"url\":\"https:\\\/\\\/flightlistpro.com\\\/private-jet-charter\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/flightlistpro.com\\\/private-jet-charter\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/i0.wp.com\\\/flightlistpro.com\\\/private-jet-charter\\\/wp-content\\\/uploads\\\/2020\\\/04\\\/Subpage-logo.png?fit=400%2C139&ssl=1\",\"contentUrl\":\"https:\\\/\\\/i0.wp.com\\\/flightlistpro.com\\\/private-jet-charter\\\/wp-content\\\/uploads\\\/2020\\\/04\\\/Subpage-logo.png?fit=400%2C139&ssl=1\",\"width\":400,\"height\":139,\"caption\":\"FlightList PRO Jet Charter Search Platform\"},\"image\":{\"@id\":\"https:\\\/\\\/flightlistpro.com\\\/private-jet-charter\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/www.facebook.com\\\/flightlistpro\\\/\",\"https:\\\/\\\/x.com\\\/FlightListPro\",\"https:\\\/\\\/www.linkedin.com\\\/company\\\/flightlist-pro\",\"https:\\\/\\\/www.instagram.com\\\/flightlistpro\\\/?hl=en\"]},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/flightlistpro.com\\\/private-jet-charter\\\/#\\\/schema\\\/person\\\/79715dff4466bd0fd6079046aa0ed2fd\",\"name\":\"FlightList PRO\",\"description\":\"AIR CHARTER INDUSTRY INTELLIGENCE AND MARKETING SOLUTIONS. Leading air charter brokers and travel professionals use FlightList PRO\u2019s full-market resources, economical rates and marketing opportunities to grow their service level, their business and their bottom line: \u2022 Professional Aircraft Sourcing Platform \u2022 Public Air Charter Broker Directory \u2022 Charter Broker Business Accreditation \u00a0 Request a free trial here. \u00a0 More about FlightLIst PRO.\",\"sameAs\":[\"http:\\\/\\\/flightlistpro.com\"],\"url\":\"https:\\\/\\\/flightlistpro.com\\\/private-jet-charter\\\/author\\\/admin\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"JetSmarter Becomes First Business Aviation Unicorn - Jet Charter News Alerts, Broker-Operator Directory - FlightList PRO","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/flightlistpro.com\/private-jet-charter\/jetsmarter-becomes-first-business-aviation-unicorn\/","og_locale":"en_US","og_type":"article","og_title":"JetSmarter Becomes First Business Aviation Unicorn","og_description":"JetSmarter this week raised 105 Million in funding, at what it says is a 1.5 Billion pre-money valuation. This makes it the first business aviation unicorn (a private company with a valuation of 1 Billion). Members can book normal private charter, fly for free on regular shuttle services, charter shared flights and fly for free on empty legs. It does not own aircraft, instead chartering them from operators like XOJET, JetEdge and others. The company says that it will use the new cash to launch new scheduled shuttles as well as launch in Asia and South America. The 1.5 Billion valuation is astonishing. . . [Full article- click below. Also named in this alert: XOJET, JetEdge, Cessna, Textron]","og_url":"https:\/\/flightlistpro.com\/private-jet-charter\/jetsmarter-becomes-first-business-aviation-unicorn\/","og_site_name":"Jet Charter News Alerts, Broker-Operator Directory - FlightList PRO","article_publisher":"https:\/\/www.facebook.com\/flightlistpro\/","article_published_time":"2016-12-16T19:36:26+00:00","og_image":[{"width":642,"height":324,"url":"https:\/\/i0.wp.com\/flightlistpro.com\/private-jet-charter\/wp-content\/uploads\/2019\/11\/Jet-charter-directory.png?fit=642%2C324&ssl=1","type":"image\/png"}],"author":"FlightList PRO","twitter_card":"summary_large_image","twitter_creator":"@FlightListPro","twitter_site":"@FlightListPro","twitter_misc":{"Written by":"FlightList PRO","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/flightlistpro.com\/private-jet-charter\/jetsmarter-becomes-first-business-aviation-unicorn\/#article","isPartOf":{"@id":"https:\/\/flightlistpro.com\/private-jet-charter\/jetsmarter-becomes-first-business-aviation-unicorn\/"},"author":{"name":"FlightList PRO","@id":"https:\/\/flightlistpro.com\/private-jet-charter\/#\/schema\/person\/79715dff4466bd0fd6079046aa0ed2fd"},"headline":"JetSmarter Becomes First Business Aviation Unicorn","datePublished":"2016-12-16T19:36:26+00:00","mainEntityOfPage":{"@id":"https:\/\/flightlistpro.com\/private-jet-charter\/jetsmarter-becomes-first-business-aviation-unicorn\/"},"wordCount":311,"commentCount":0,"publisher":{"@id":"https:\/\/flightlistpro.com\/private-jet-charter\/#organization"},"keywords":["Air Charter News","Private Aviation News"],"articleSection":["Private Aviation Industry News"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/flightlistpro.com\/private-jet-charter\/jetsmarter-becomes-first-business-aviation-unicorn\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/flightlistpro.com\/private-jet-charter\/jetsmarter-becomes-first-business-aviation-unicorn\/","url":"https:\/\/flightlistpro.com\/private-jet-charter\/jetsmarter-becomes-first-business-aviation-unicorn\/","name":"JetSmarter Becomes First Business Aviation Unicorn - Jet Charter News Alerts, Broker-Operator Directory - FlightList PRO","isPartOf":{"@id":"https:\/\/flightlistpro.com\/private-jet-charter\/#website"},"datePublished":"2016-12-16T19:36:26+00:00","breadcrumb":{"@id":"https:\/\/flightlistpro.com\/private-jet-charter\/jetsmarter-becomes-first-business-aviation-unicorn\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/flightlistpro.com\/private-jet-charter\/jetsmarter-becomes-first-business-aviation-unicorn\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/flightlistpro.com\/private-jet-charter\/jetsmarter-becomes-first-business-aviation-unicorn\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/flightlistpro.com\/private-jet-charter\/"},{"@type":"ListItem","position":2,"name":"JetSmarter Becomes First Business Aviation Unicorn"}]},{"@type":"WebSite","@id":"https:\/\/flightlistpro.com\/private-jet-charter\/#website","url":"https:\/\/flightlistpro.com\/private-jet-charter\/","name":"Jet Charter News Alerts, Charter Operator Directory, Broker Directory - FlightList PRO","description":"Charter Operator and Broker News Alerts and Charter Aircraft, Operator and Broker Directory","publisher":{"@id":"https:\/\/flightlistpro.com\/private-jet-charter\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/flightlistpro.com\/private-jet-charter\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/flightlistpro.com\/private-jet-charter\/#organization","name":"FlightList PRO Jet Charter Search Platform","url":"https:\/\/flightlistpro.com\/private-jet-charter\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/flightlistpro.com\/private-jet-charter\/#\/schema\/logo\/image\/","url":"https:\/\/i0.wp.com\/flightlistpro.com\/private-jet-charter\/wp-content\/uploads\/2020\/04\/Subpage-logo.png?fit=400%2C139&ssl=1","contentUrl":"https:\/\/i0.wp.com\/flightlistpro.com\/private-jet-charter\/wp-content\/uploads\/2020\/04\/Subpage-logo.png?fit=400%2C139&ssl=1","width":400,"height":139,"caption":"FlightList PRO Jet Charter Search Platform"},"image":{"@id":"https:\/\/flightlistpro.com\/private-jet-charter\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/flightlistpro\/","https:\/\/x.com\/FlightListPro","https:\/\/www.linkedin.com\/company\/flightlist-pro","https:\/\/www.instagram.com\/flightlistpro\/?hl=en"]},{"@type":"Person","@id":"https:\/\/flightlistpro.com\/private-jet-charter\/#\/schema\/person\/79715dff4466bd0fd6079046aa0ed2fd","name":"FlightList PRO","description":"AIR CHARTER INDUSTRY INTELLIGENCE AND MARKETING SOLUTIONS. Leading air charter brokers and travel professionals use FlightList PRO\u2019s full-market resources, economical rates and marketing opportunities to grow their service level, their business and their bottom line: \u2022 Professional Aircraft Sourcing Platform \u2022 Public Air Charter Broker Directory \u2022 Charter Broker Business Accreditation \u00a0 Request a free trial here. \u00a0 More about FlightLIst PRO.","sameAs":["http:\/\/flightlistpro.com"],"url":"https:\/\/flightlistpro.com\/private-jet-charter\/author\/admin\/"}]}},"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p5xsAG-rS","_links":{"self":[{"href":"https:\/\/flightlistpro.com\/private-jet-charter\/wp-json\/wp\/v2\/posts\/1728","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/flightlistpro.com\/private-jet-charter\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/flightlistpro.com\/private-jet-charter\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/flightlistpro.com\/private-jet-charter\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/flightlistpro.com\/private-jet-charter\/wp-json\/wp\/v2\/comments?post=1728"}],"version-history":[{"count":1,"href":"https:\/\/flightlistpro.com\/private-jet-charter\/wp-json\/wp\/v2\/posts\/1728\/revisions"}],"predecessor-version":[{"id":1730,"href":"https:\/\/flightlistpro.com\/private-jet-charter\/wp-json\/wp\/v2\/posts\/1728\/revisions\/1730"}],"wp:attachment":[{"href":"https:\/\/flightlistpro.com\/private-jet-charter\/wp-json\/wp\/v2\/media?parent=1728"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/flightlistpro.com\/private-jet-charter\/wp-json\/wp\/v2\/categories?post=1728"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/flightlistpro.com\/private-jet-charter\/wp-json\/wp\/v2\/tags?post=1728"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}