Set Jet

Set Jet
Founded2014
Ceased operations2024
Fleet size5
HeadquartersScottsdale, Arizona, United States
Key peopleTrey Smith (CEO)
Tom Smith (COO)
Websitesetjet.com

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.[citation needed]

Set Jet had a 2,500-square-foot terminal in the Atlantic Aviation facility in Las Vegas.[9] Set Jet expanded operations in Las Vegas to shuttle passengers to facilitate the gaming companies.[9]

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.[10]

See also

References

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

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