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Private Jets in Need of Riders Fuel Innovative Entrepreneurs

Posted: Nov. 4th, 2013  |  By DailyLuxe News

Photo: Fresh Jet (Facebook)

Champagne tastes on a beer budget is becoming the new “plane” of thought in the private-chartering business.

Fresh Jet is another new app on the market that matches up travelers seeking a seat on a private jet without having to refinance their home for the price of a ticket. The CEO and founder of Fresh Jet told VentureBeat that one-third of the flights on jets are flown empty.

Well, hello, opportunity!  

While an empty-leg flight is one thing, an empty jet is a real money-killer. This makes it hard for smaller private aviation firms to keep their “wit” together. Losing money is no joke to any industry, especially one with such slim margins and high expenses. 

“What was once considered [a] Neiman Marcus experience has quickly become a Walmart experience,” CEO and cofounder Timmy Wozniak told VentureBeat.

Read More on venturebeat.com
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