Air Charter Marketplace FLYJETS Launches Pre-Membership for Secondary, Peer-to-Peer Exchange

With sales of spaces on charter flights, jet card hours and pre-purchased empty legs, the FLYJETS Exchange provides a way for Flyers to defray costs and fly together.

NEW YORK--(BUSINESS WIRE)--Charter aviation marketplace and exchange FLYJETS has announced the pre-launch of its secondary exchange, which enables peer-to-peer sales of spaces on charter flights, extra jet card hours and the transfer of pre-purchased empty legs.

The FLYJETS Exchange is designed to provide a way for Flyers to defray costs and fly together, as well as new revenue streams for Aircraft Providers and brokers.

The Exchange will offer both real-time bidding - in addition to outright purchasing - and time-based auction features for listed assets on the app. It will be featured on both FLYJETS’ mobile and web- based applications.

FLYJETS’ Exchange offering will be provided alongside its primary marketplace, which provides automated charter availability directly from Aircraft Providers at wholesale rates. FLYJETS’ marketplace benefits from its Automated Scheduling algorithms - launched last year - which enable customized, algorithm-based scheduling and availability displays for all participating Aircraft Providers.

“Now that we’re operating with both automated charter offerings and the forthcoming secondary exchange, FLYJETS is primed to drive real efficiency in terms of increasing aircraft utilization within the air charter industry,” said FLYJETS Founder and CEO Jessica Fisher. “We have seen a tremendous amount of interest from Flyers looking to group up with others on various routes, and believe that the secondary exchange will provide an effective solution that benefits Flyers and Aircraft Providers alike. We are also hoping to be incrementally helpful for the urban air mobility (UAM) networks of the future.”

An example of how FLYJETS’ secondary exchange works is as follows:

• Flyer books a flight from, for example, Teterboro to Opa-Locka on a super-midsize jet for $20,000.00 via FLYJETS’ marketplace (or elsewhere);
• Flyer - in partnership with the Aircraft Provider of the said flight - re-sells three spaces on the flight for a total cost of $9,000, reducing his/her overall spend to $11,000.

All those interested in signing up for the Exchange can do so here. Beta Flyers will be notified and granted pre-launch access ahead of the upcoming 2025 Spring Exchange app release.

About FLYJETS

The FLYJETS application was designed to encourage access to air travel. By facilitating the transfer of information between and among users, FLYJETS seeks to promote access to the aviation and travel industries, and to encourage both the utilization of aircraft and build-out of individual and system-wide networks. Via FLYJETS’ web and mobile applications, Flyers can post, search for, and book one-way and round-trip flights. Flyers are also able to bid on desired one-way and round-trip flights and/or buy them on the spot, as well as share itineraries with colleagues, family, and friends.

FLYJETS operates as a New York State benefit corporation, FLY I Corporation, with the core mission of doing well by doing good. The company seeks to deliver material positive benefits to business, society, and the environment, and to provide maximum shareholder value via stakeholder incorporation; all duties and responsibilities are directed to both shareholders and stakeholders. FLYJETS is also a pioneer in developing a green energy “subsidy” system whereby users who opt to use carbon offsets and/or fly with clean energy alternatives are rewarded with additional FLYRewards toward future bookings. The FLYJETS team provides both real-time booking support and, as an IATA-registered travel agency, full travel-planning services, including hotels and cars.

Visit www.flyjets.com for more information.