After FlyExclusive deal, Jet AI is still selling on-demand charter

After selling its aviation division to FlyExclusive last July, Jet.AI has shifted to ad hoc charter brokering alongside data centers.

The broker launched the Look Book & Fly by Jet Token platform, a rebrand of its CharterGPT app, and introduced a tiered deposit program.

Look Book & Fly

Patrick McNulty, Jet.AI COO, spoke with Private Jet Card Comparisons regarding the company’s new direction.

The Las Vegas-based company keeps its online brokerage platforms, including the mobile app Charter GPT, now rebranded as the Look Book & Fly app.

As for AI infrastructure, its website says the company has three data centers, with one under construction in the Canadian Maritimes.

Two data centers are in Canada: one near Winnipeg, Manitoba, and another in Wheatland County, Alberta. Its third data center is in Moapa, Nevada.

McNulty clarified that the AI booking platform and AI data centers are not collaborating. They are two completely separate ventures.

Meanwhile, Look Book & Fly is an AI-powered platform that searches for quotes matching clients’ preferences, which customers can then book.

Both the app and online platform will be named Look Book & Fly by Jet Token.

McNulty explained the name would use the company’s brand recognition.

It took flight in 2021 under the Jet Token banner before switching to Jet AI.

The charter platform includes a chatbot interface for searching flight quotes.

Jet.AI’s charter deposit program eliminates per-trip payments.

Clients fund a deposit account, then use the funds for flights.

Deposit tiers range from $50,000 to $500,000.

Discounts based on deposit amount range from 2% to 5%.

Catering credits are part of the deposit tiers.

Look, Book & Fly will use dynamic pricing exclusively, according to McNulty.

The broker will offer an escrow account for funds on request, for deposits greater than $250,000.

The administration fee is 2.5% of the initial deposit and 0.25% per quarter.

Jet AI took flight in 2021 as Jet Token.

It launched with a HondaJet fractional program.

After adding an on-fleet jet card program, it added a fixed-rate broker jet card.

In 2023, it rebranded as Jet AI.

It then went public via a SPAC IPO.