Increase in total revenues of 105% year-over-year17% point increase in net margin, adjusted for stock option expenseCash and cash equivalents of $2.1 million as of April 1st, unchanged from December 31st, 2023 LAS VEGAS, May 15, 2024 (GLOBE NEWSWIRE) -- Jet.AI Inc. (the "Company") (NASDAQ:JTAI), an innovative private aviation and artificial intelligence ("AI") company, today announced financial results for the first quarter ended March 31, 2024. First Quarter 2024 and Recent Operational Highlights Released the National Jet Card Program using third party aircraftAnnounced partnership with FL3XX to integrate its DynoFlight carbon removal platform making it an easy option for thousands of
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LAS VEGAS, May 08, 2024 (GLOBE NEWSWIRE) -- Jet.AI Inc. ("Jet.AI" or the "Company") (NASDAQ:JTAI), an innovative private aviation and artificial intelligence ("AI") company, today announced it has officially launched its national jet card program. The program offers all categories of private jet for service within the continental U.S., guaranteed rates, guaranteed availability, and a 48-hour call out. Program highlights include an optional escrow, and only 44 peak days (below the industry average of 47). "Building on our successful regional jet card program, we're excited to enter the national market with a new and thoughtfully constructed offering," said Executive Chairman and Interim C
LAS VEGAS, Sept. 27, 2023 (GLOBE NEWSWIRE) -- Jet.AI Inc. (the "Company") (NASDAQ:JTAI), an innovative private aviation and artificial intelligence ("AI") company, today announced that it has begun participating on the Webull Corporate Communications Service Platform. The Jet.AI page on the Webull Platform will provide real-time Company updates, important announcements, and other relevant content such as news, earnings reports, investor presentations, and more. "We are eager to join Webull to enhance transparency and foster a stronger connection with our shareholders," said Jet.AI Founder and Executive Chairman Mike Winston. About Jet.AI:Jet.AI operates in two segments, Software and A
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Gainers Volato Group (AMEX:SOAR) shares moved upwards by 28.7% to $0.85 during Monday's after-market session. The market value of their outstanding shares is at $24.8 million. Addentax Group (NASDAQ:ATXG) stock rose 11.6% to $1.0. The company's market cap stands at $6.0 million. Earlyworks Co (NASDAQ:ELWS) stock rose 10.55% to $2.2. The company's market cap stands at $6.6 million. Nature's Miracle Holding (NASDAQ:NMHI) shares increased by 4.99% to $0.66. The market value of their outstanding shares is at $17.5 million. Exela Technologies (NASDAQ:XELA) stock moved upwards by 4.42% to $2.36. The market value of their outstanding shares is at $15.0 million. Lichen China (NASDAQ:LICN) shar
Gainers YY Group Holding (NASDAQ:YYGH) stock rose 20.5% to $1.06 during Thursday's regular session. The company's market cap stands at $36.4 million. TOMI Environmental Solns (NASDAQ:TOMZ) stock moved upwards by 18.8% to $1.11. The market value of their outstanding shares is at $22.2 million. iPower (NASDAQ:IPW) shares moved upwards by 14.48% to $2.88. The company's market cap stands at $86.0 million. Montana Technologies (NASDAQ:AIRJ) stock increased by 12.89% to $10.72. The company's market cap stands at $577.2 million. WANG & LEE Group (NASDAQ:WLGS) shares moved upwards by 11.87% to $0.65. The company's market cap stands at $9.7 million. KULR Tech Gr (AMEX:KULR) stock increased by 1
Gainers Northann (AMEX:NCL) shares increased by 45.4% to $0.6 during Monday's after-market session. The company's market cap stands at $13.8 million. Multi Ways Holdings (AMEX:MWG) shares increased by 8.57% to $0.38. The company's market cap stands at $11.7 million. Knightscope (NASDAQ:KSCP) stock moved upwards by 6.63% to $0.32. The market value of their outstanding shares is at $34.2 million. TOMI Environmental Solns (NASDAQ:TOMZ) shares moved upwards by 6.38% to $1.0. The company's market cap stands at $19.9 million. GEE Group (AMEX:JOB) stock increased by 4.78% to $0.35. The company's market cap stands at $37.8 million. Ocean Power Techs (AMEX:OPTT) shares moved upwards by 4.35% to
Jet AI (NASDAQ:JTAI) reported quarterly losses of $(0.28) per share which missed the analyst consensus estimate of $(0.25) by 12 percent. This is a 60 percent increase over losses of $(0.70) per share from the same period last year. The company reported quarterly sales of $3.848 million which beat the analyst consensus estimate of $3.456 million by 11.34 percent.
Gainers Jet AI (NASDAQ:JTAI) shares increased by 9.7% to $0.79 during Monday's after-market session. The market value of their outstanding shares is at $9.6 million. Woodward (NASDAQ:WWD) shares moved upwards by 6.41% to $160.76. The company's market cap stands at $9.6 billion. The company's, Q2 earnings came out today. Earlyworks Co (NASDAQ:ELWS) stock rose 5.18% to $0.74. The market value of their outstanding shares is at $11.1 million. Lucas GC (NASDAQ:LGCL) shares increased by 4.2% to $2.76. The company's market cap stands at $223.8 million. SolarMax Technology (NASDAQ:SMXT) stock moved upwards by 3.85% to $11.59. The company's market cap stands at $524.4 million. BioNexus Gene Lab
Gainers Pineapple Energy (NASDAQ:PEGY) stock moved upwards by 52.2% to $0.08 during Friday's pre-market session. The company's market cap stands at $5.0 million. Freight Technologies (NASDAQ:FRGT) stock moved upwards by 46.65% to $1.34. The company's market cap stands at $3.2 million. Earlyworks Co (NASDAQ:ELWS) stock rose 27.34% to $0.94. The company's market cap stands at $14.0 million. GrafTech International (NYSE:EAF) stock moved upwards by 15.52% to $1.86. The market value of their outstanding shares is at $477.7 million. The company's, Q1 earnings came out today. Exponent (NASDAQ:EXPO) stock increased by 12.57% to $89.7. The market value of their outstanding shares is at $4.5 bill
Gainers Complete Solaria (NASDAQ:CSLR) shares rose 73.5% to $0.78 during Monday's pre-market session. The company's market cap stands at $38.3 million. Volato Group (AMEX:SOAR) shares moved upwards by 18.71% to $2.41. The company's market cap stands at $70.4 million. AERWINS Technologies (NASDAQ:AWIN) shares rose 10.06% to $3.5. The company's market cap stands at $2.5 million. FiscalNote Holdings (NYSE:NOTE) stock moved upwards by 9.55% to $1.26. The market value of their outstanding shares is at $169.1 million. CDT Environmental (NASDAQ:CDTG) shares increased by 9.17% to $4.09. The company's market cap stands at $43.8 million. Energy Vault Holdings (NYSE:NRGV) stock increased by 8.33%
Gainers Pineapple Energy (NASDAQ:PEGY) shares increased by 5.4% to $0.06 during Tuesday's after-market session. The company's market cap stands at $3.6 million. As per the press release, Q4 earnings came out 3 days ago. Surf Air Mobility (NYSE:SRFM) shares increased by 4.04% to $0.73. The company's market cap stands at $58.6 million. The company's, Q4 earnings came out 3 days ago. Microvast Holdings (NASDAQ:MVST) shares rose 3.38% to $0.61. The market value of their outstanding shares is at $192.0 million. The company's, Q4 earnings came out yesterday. Dragonfly Energy Hldgs (NASDAQ:DFLI) stock moved upwards by 3.03% to $0.51. The company's market cap stands at $30.3 million. Advent Tec
LAS VEGAS, Sept. 13, 2024 (GLOBE NEWSWIRE) -- Jet.AI Inc. ("Jet.AI" or the "Company") (NASDAQ:JTAI), an innovative private aviation and artificial intelligence company, invites users to beta test the web version of JetLeg.AI, designed as an iOS/Android app that redirects previously wasted empty private flights into new lower cost charters. The easy-to-use app features AI trip finding, matching, and suggestions. Users may sign up and explore JetLeg.AI's capabilities in advance of live connectivity to the aircraft operator community at the following site: https://jetleg.ai/, a video demo is separately available here: https://youtu.be/sUW5pj-Vfo4. Jet.AI Founder and Executive Chairman Mike W
LAS VEGAS, Sept. 11, 2024 (GLOBE NEWSWIRE) -- Jet.AI Inc. ("Jet.AI" or the "Company") (NASDAQ:JTAI), an innovative private aviation and artificial intelligence company, announced updates around its proprietary technology stack, CharterGPT, DynoFlight, and Reroute AI. Management Commentary"We're racing to get AI to take over revenue-generating tasks typically handled by agents and building out robust products. Demand seen and progress made across all three of our software solutions have been encouraging, and we are moving closer towards our goal of an intertwined ecosystem," said Jet.AI Founder and Executive Chairman Mike Winston. "CharterGPT will soon integrate DynoFlight's sustainability
LAS VEGAS, Aug. 23, 2024 (GLOBE NEWSWIRE) -- Jet.AI Inc. ("Jet.AI" or the "Company") (NASDAQ:JTAI), an innovative private aviation and artificial intelligence company, announced its entry with Continental Stock Transfer & Trust Company on August 21, 2024 into: (i) the 2021 Warrant Agreement Amendment, which governs the terms and conditions of the Company's redeemable warrants to purchase shares of Company common stock, par value $0.0001 per share (the "common stock"), which warrants trade on The Nasdaq Capital Market under the symbol "JTAIW" (the "redeemable warrants"), and the Company's private placement warrants to purchase shares of common stock (the "private placement warrants"); and (
LAS VEGAS, Aug. 14, 2024 (GLOBE NEWSWIRE) -- Jet.AI (the "Company") (NASDAQ:JTAI), an innovative private aviation and artificial intelligence ("AI") company, today announced financial results for the second quarter ended June 30, 2024. Second Quarter 2024 and Recent Operational Highlights Launched DynoFlight 2.0 platform, an advanced AI web-based solution for aviation carbon managementCommenced and successfully completed exchange offer and consent solicitation relating to its outstanding warrantsAnnounced AI-Powered Jet Card with Empty Leg Benefit, as a result of Reroute AIAnnounced non-recourse debt financing related to the proposed purchase of Bombardier Challenger 3500 aircraftRelease
LAS VEGAS, Aug. 01, 2024 (GLOBE NEWSWIRE) -- Jet.AI Inc. ("Jet.AI" or the "Company") (NASDAQ:JTAI), an innovative private aviation and artificial intelligence ("AI") company, announced the launch of its all-new DynoFlight 2.0 platform, a revolutionary web-based solution that redefines aviation carbon management. Completely rebuilt and filled with cutting-edge AI technology, DynoFlight delivers powerful tools designed to allow users to (1) sync fleet data with FL3XX with the touch of a button (2) visualize emission levels, (3) interrogate its AI in natural language about individual (or fleetwide) aircraft emissions (4) pay to remediate those carbon emissions (5) and track and comply with NB
LAS VEGAS, July 30, 2024 (GLOBE NEWSWIRE) -- Jet.AI Inc. ("Jet.AI" or the "Company") (NASDAQ:JTAI), an innovative private aviation and artificial intelligence ("AI") company, announced the expiration and results of its previously announced exchange offer (the "Offer") and consent solicitation (the "Consent Solicitation") relating to its outstanding (i) redeemable warrants to purchase shares of Company common stock, par value $0.0001 per share (the "common stock"), which warrants trade on The Nasdaq Capital Market under the symbol "JTAIW" (the "redeemable warrants"), (ii) merger consideration warrants to purchase shares of common stock, which warrants trade on the Nasdaq Capital Market unde
NEWPORT BEACH, Calif., July 16, 2024 (GLOBE NEWSWIRE) -- Gateway Group ("Gateway"), a leading financial communications and digital media advisory firm, today announced the initial sponsor list and latest presenting companies for its annual Gateway Conference taking place at the Four Seasons Hotel in San Francisco on September 4th and 5th. Conference SponsorshipThe Gateway Conference is sponsored by leading firms servicing the financial community. The event provides a rich environment for business development and an effective marketing platform to reach key corporate decision makers. Sponsorships are currently available in the Gold, Silver, and Bronze levels. For additional inform
LAS VEGAS, June 27, 2024 (GLOBE NEWSWIRE) -- Jet.AI Inc. ("Jet.AI" or the "Company") (NASDAQ:JTAI), an innovative private aviation and artificial intelligence ("AI") company, today announced the commencement of an exchange offer (the "Offer") and consent solicitation (the "Consent Solicitation") relating to its outstanding (i) redeemable warrants to purchase shares of Company common stock, par value $0.0001 per share (the "common stock"), which warrants trade on The Nasdaq Capital Market under the symbol "JTAIW" (the "redeemable warrants"), (ii) merger consideration warrants to purchase shares of common stock, which warrants trade on the Nasdaq Capital Market under the symbol "JTAIZ" (the
LAS VEGAS, June 12, 2024 (GLOBE NEWSWIRE) -- Jet.AI Inc. ("Jet.AI" or the "Company") (NASDAQ:JTAI), an innovative private aviation and artificial intelligence ("AI") company, today announced that Jet Card holders are expected to benefit from a new source of private jet inventory. The new source of inventory is Reroute AI, the Company's proprietary AI powered empty leg tool. Each time a Jet Card customer requests a trip, it is now cross-referenced with thousands of empty legs from hundreds of operators to find simulated alternatives. The new trip may then be offered to the customer for a substantially lower cost than their fixed hourly Jet Card rate. Founder and Executive Chair Mike Winst
LAS VEGAS, June 04, 2024 (GLOBE NEWSWIRE) -- Jet.AI Inc. ("Jet.AI" or the "Company") (NASDAQ:JTAI), an innovative private aviation and artificial intelligence ("AI") company, announced the arrangement of non-binding, non-recourse, debt financing related to the proposed purchase of Bombardier Challenger 3500 aircraft valued at approximately US$280 million based on today's list prices. The debt financing arrangement, in conjunction with the previously announced Ionic Ventures LLC financing, positions the Company well to execute on its long planned fleet order in management's view. Management's Commentary:Founder and Executive Chairman Mike Winston commented, "Today's announcement marks a