Set Jet Explained

Airline:Set Jet
Founded:2014
Headquarters:Scottsdale, Arizona, United States
Key People:Trey Smith (CEO)
Tom Smith (COO)
Fleet Size:5

Set Jet was a membership-based by-the-seat private jet charter program.

Overview

Set Jet was headquartered in Scottsdale, Arizona and was founded in 2014[1] by Tom Smith and Trey Smith.[2]

Tom was the CEO and Director of Set Jet. Previously, Tom was CEO, President, and Director of Wrap Technologies, Inc.[3] In 1993, Tom co-founded TASER International (now Axon Enterprise, Inc, NASDAQ: AXON), and served as President of TASER until October 2006.[4] [5]

Set Jet operated private jet charter flights on Bombardier Challenger 850 aircraft between Las Vegas, Nevada; Scottsdale, Arizona; Los Angeles; San Diego; San Francisco; and Orange County, California, Cabo San Lucas, Mexico, Salt Lake City, Utah and had 5,000 members.[6] [7] [8] It used a fleet of 5 Bombardier CRJ100/200 which were configured as Bombardier Challenger 850's.[9]

Set Jet had a 2,500-square-foot terminal in the Atlantic Aviation facility in Las Vegas.[10] Set Jet expanded operations in Las Vegas to shuttle passengers to facilitate the gaming companies.

Set Jet closed in February 2024 after failing to complete its SPAC deal with Revelstone Capital Acquisition Corp. (NASDAQ: RCAC). It had made significant losses for several years and needed funding from the SPAC listing to continue its operations.[11]

See also

Notes and References

  1. News: All the Ways to Fly Private, Starting at $100 Per Flight . 7 April 2023 . Condé Nast Traveler . 19 February 2021.
  2. Web site: Pallini . Thomas . An aviation firm is giving travelers a taste of the high life by offering private-jet flights for as low as $450. Meet Set Jet. . 7 April 2023 . Business Insider . en-US.
  3. Web site: Technologies . WRAP . 2021-03-08 . WRAP Appoints Tom Smith as Chief Executive Officer . 7 April 2023 . Wrap Technologies, Inc. . en-US.
  4. Web site: Taser founder, Chairman Tom Smith leaves board for startup . www.bizjournals.com.
  5. Web site: Brewster . Thomas . Spider-Man Webs Vs. Star Trek Stun Guns: The Taser Brothers Are Fighting Over A $7 Billion Market To End Police Killings . 7 April 2023 . Forbes . en.
  6. Web site: Why Buying a Private Jet Membership During the Pandemic Was Worth It, According to Someone Who Did It . Travel + Leisure . 11 April 2023 . en.
  7. Web site: Private jet charter program lands at Reid International Airport . Las Vegas Review-Journal . 11 April 2023 . 26 October 2022.
  8. Web site: Scottsdale private jet charter conducts COVID-19 tests before flights . www.bizjournals.com.
  9. Web site: Set Jet Fleet Details and History . 11 April 2023 . www.planespotters.net.
  10. Web site: Private jet companies look to expand Las Vegas presence with casino customers . 11 April 2023 . The Nevada Independent . en.
  11. Web site: 2024-02-21 . By-The-Seat Charter Provider Set Jet Closes . 22 February 2024 . SherpaReport.com . en-US.

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