{"id":50535,"date":"2023-08-19T14:38:15","date_gmt":"2023-08-19T18:38:15","guid":{"rendered":"https:\/\/ifintechworld.com\/investing\/jet-ais-stock-pops-closing-up-64-after-ai-based-booking-app-released-on-apples-app-store\/"},"modified":"2023-08-19T14:38:19","modified_gmt":"2023-08-19T18:38:19","slug":"jet-ais-stock-pops-closing-up-64-after-ai-based-booking-app-released-on-apples-app-store","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=50535","title":{"rendered":"Jet.AI\u2019s stock pops, closing up 64% after AI-based booking app released on Apple\u2019s App Store"},"content":{"rendered":"
\n

Shares of recently debuted Jet.AI Inc. more than doubled after the aviation-booking platform announced its AI-based booking app was available on Apple Inc.\u2019s App Store, with those gains paring to close Friday up more than 60%.<\/p>\n

Jet.AI shares
\n JTAI,
\n +64.25%<\/bg-quote>,<\/span>
\n which soared as much as 117% to an intraday high of $8.40 Friday right after the announcement, closed up 64.3% at $6.57, following trade halts due to volatility during the session. Shares declined more than 9% in the extended session following Friday\u2019s close.<\/p>\n

\n

More than 5.3 million shares exchanged hands on the session, compared with a 10-day average daily volume of around 356,000 shares, according to FactSet data. <\/p>\n

On Friday, Jet.AI said its CharterGPT AI-powered charter-flight booking app was available for Apple
\n AAPL,
\n +0.28%<\/bg-quote>
\n iOS devices, and that a version for users of Alphabet Inc.\u2019s
\n GOOG,
\n -1.80%<\/bg-quote><\/p>\n

GOOGL,
\n -1.89%<\/bg-quote>
\n Android OS will be available \u201cin the coming weeks.\u201d <\/p>\n

<\/p>\n

<\/p>\n

<\/p>\n
<\/div>\n<\/figure><\/div>\n

\u201cCustomers now have the power and convenience of an impressive, real-world application of transformative AI technology that is efficient, knowledgeable and fun to use,\u201d Mike Winston, Jet.AI\u2019s founder and chair, said in a statement. \u201cWe\u2019re at the vanguard of bringing AI to the aviation industry. Private aviation is a great place to start where we can control more, understand more, establish credibility and scalability before we expand to broader applications in aviation.\u201d<\/p>\n

The company said the next iteration of the app, which is due out in September, will incorporate fintech service Stripe Inc. for payments.<\/p>\n

The service allows customers to book private jets ranging from lightweight models \u2014 like the Citation Mustang from Textron Inc.\u2019s
\n TXT,
\n +0.70%<\/bg-quote>
\n Cessna unit or Honda Motor Co.\u2019s
\n 7267,
\n -0.34%<\/bg-quote>
\n HondaJet \u2014 up to long-range, heavier models like Bombardier Inc.\u2019s
\n BBD.A,
\n <\/bg-quote><\/p>\n

BBD.B,
\n +0.91%<\/bg-quote>
\n Challenger 850 or Global 6000. <\/p>\n

Jet.AI shares dropped 29% after debuting last Friday on the Nasdaq, after the company combined with blank-check company Oxbridge Acquisition, shares of which began trading in October 2021 at $9.82, according to FactSet data.<\/p>\n<\/p><\/div>\n<\/div>\n

Read the full article here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Shares of recently debuted Jet.AI Inc. more than doubled after the aviation-booking platform announced its AI-based booking app was available on Apple Inc.\u2019s App Store, with those gains paring to close Friday up more than 60%. Jet.AI shares JTAI, +64.25%, which soared as much as 117% to an intraday high of $8.40 Friday right after […]<\/p>\n","protected":false},"author":1,"featured_media":50536,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"video","meta":{"footnotes":""},"categories":[239],"tags":[83],"class_list":["post-50535","post","type-post","status-publish","format-video","has-post-thumbnail","hentry","category-investing","tag-featured","post_format-post-format-video"],"yoast_head":"\nJet.AI\u2019s stock pops, closing up 64% after AI-based booking app released on Apple\u2019s App Store | iFintechWorld<\/title>\n<meta name=\"description\" content=\"Shares of recently debuted Jet.AI Inc. more than doubled after the aviation-booking platform announced its AI-based booking app was available on Apple\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ifintechworld.com\/?p=50535\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Jet.AI\u2019s stock pops, closing up 64% after AI-based booking app released on Apple\u2019s App Store | iFintechWorld\" \/>\n<meta property=\"og:description\" content=\"Shares of recently debuted Jet.AI Inc. more than doubled after the aviation-booking platform announced its AI-based booking app was available on Apple\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ifintechworld.com\/?p=50535\" \/>\n<meta property=\"og:site_name\" content=\"iFintechWorld\" \/>\n<meta property=\"article:published_time\" content=\"2023-08-19T18:38:15+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-08-19T18:38:19+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/08\/1692470296_social.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1279\" \/>\n\t<meta property=\"og:image:height\" content=\"640\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"News Room\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"News Room\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/ifintechworld.com\/?p=50535#article\",\"isPartOf\":{\"@id\":\"https:\/\/ifintechworld.com\/?p=50535\"},\"author\":{\"name\":\"News Room\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61\"},\"headline\":\"Jet.AI\u2019s stock pops, closing up 64% after AI-based booking app released on Apple\u2019s App Store\",\"datePublished\":\"2023-08-19T18:38:15+00:00\",\"dateModified\":\"2023-08-19T18:38:19+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/ifintechworld.com\/?p=50535\"},\"wordCount\":342,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/ifintechworld.com\/#organization\"},\"keywords\":[\"Featured\"],\"articleSection\":[\"Investing\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/ifintechworld.com\/?p=50535#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/ifintechworld.com\/?p=50535\",\"url\":\"https:\/\/ifintechworld.com\/?p=50535\",\"name\":\"Jet.AI\u2019s stock pops, closing up 64% after AI-based booking app released on Apple\u2019s App Store | iFintechWorld\",\"isPartOf\":{\"@id\":\"https:\/\/ifintechworld.com\/#website\"},\"datePublished\":\"2023-08-19T18:38:15+00:00\",\"dateModified\":\"2023-08-19T18:38:19+00:00\",\"description\":\"Shares of recently debuted Jet.AI Inc. more than doubled after the aviation-booking platform announced its AI-based booking app was available on Apple\",\"breadcrumb\":{\"@id\":\"https:\/\/ifintechworld.com\/?p=50535#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/ifintechworld.com\/?p=50535\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/ifintechworld.com\/?p=50535#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/ifintechworld.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Jet.AI\u2019s stock pops, closing up 64% after AI-based booking app released on Apple\u2019s App Store\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/ifintechworld.com\/#website\",\"url\":\"https:\/\/ifintechworld.com\/\",\"name\":\"Repay Down\",\"description\":\"Latest Personal Finance News, Tips and Updates\",\"publisher\":{\"@id\":\"https:\/\/ifintechworld.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/ifintechworld.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/ifintechworld.com\/#organization\",\"name\":\"Repay Down\",\"url\":\"https:\/\/ifintechworld.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png\",\"contentUrl\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png\",\"width\":558,\"height\":90,\"caption\":\"Repay Down\"},\"image\":{\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61\",\"name\":\"News Room\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png\",\"contentUrl\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png\",\"caption\":\"News Room\"},\"sameAs\":[\"https:\/\/ifintechworld.com\"],\"url\":\"https:\/\/ifintechworld.com\/?author=1\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Jet.AI\u2019s stock pops, closing up 64% after AI-based booking app released on Apple\u2019s App Store | iFintechWorld","description":"Shares of recently debuted Jet.AI Inc. more than doubled after the aviation-booking platform announced its AI-based booking app was available on Apple","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/ifintechworld.com\/?p=50535","og_locale":"en_US","og_type":"article","og_title":"Jet.AI\u2019s stock pops, closing up 64% after AI-based booking app released on Apple\u2019s App Store | iFintechWorld","og_description":"Shares of recently debuted Jet.AI Inc. more than doubled after the aviation-booking platform announced its AI-based booking app was available on Apple","og_url":"https:\/\/ifintechworld.com\/?p=50535","og_site_name":"iFintechWorld","article_published_time":"2023-08-19T18:38:15+00:00","article_modified_time":"2023-08-19T18:38:19+00:00","og_image":[{"width":1279,"height":640,"url":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/08\/1692470296_social.png","type":"image\/png"}],"author":"News Room","twitter_card":"summary_large_image","twitter_misc":{"Written by":"News Room","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/ifintechworld.com\/?p=50535#article","isPartOf":{"@id":"https:\/\/ifintechworld.com\/?p=50535"},"author":{"name":"News Room","@id":"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61"},"headline":"Jet.AI\u2019s stock pops, closing up 64% after AI-based booking app released on Apple\u2019s App Store","datePublished":"2023-08-19T18:38:15+00:00","dateModified":"2023-08-19T18:38:19+00:00","mainEntityOfPage":{"@id":"https:\/\/ifintechworld.com\/?p=50535"},"wordCount":342,"commentCount":0,"publisher":{"@id":"https:\/\/ifintechworld.com\/#organization"},"keywords":["Featured"],"articleSection":["Investing"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/ifintechworld.com\/?p=50535#respond"]}]},{"@type":"WebPage","@id":"https:\/\/ifintechworld.com\/?p=50535","url":"https:\/\/ifintechworld.com\/?p=50535","name":"Jet.AI\u2019s stock pops, closing up 64% after AI-based booking app released on Apple\u2019s App Store | iFintechWorld","isPartOf":{"@id":"https:\/\/ifintechworld.com\/#website"},"datePublished":"2023-08-19T18:38:15+00:00","dateModified":"2023-08-19T18:38:19+00:00","description":"Shares of recently debuted Jet.AI Inc. more than doubled after the aviation-booking platform announced its AI-based booking app was available on Apple","breadcrumb":{"@id":"https:\/\/ifintechworld.com\/?p=50535#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/ifintechworld.com\/?p=50535"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/ifintechworld.com\/?p=50535#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/ifintechworld.com\/"},{"@type":"ListItem","position":2,"name":"Jet.AI\u2019s stock pops, closing up 64% after AI-based booking app released on Apple\u2019s App Store"}]},{"@type":"WebSite","@id":"https:\/\/ifintechworld.com\/#website","url":"https:\/\/ifintechworld.com\/","name":"Repay Down","description":"Latest Personal Finance News, Tips and Updates","publisher":{"@id":"https:\/\/ifintechworld.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/ifintechworld.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/ifintechworld.com\/#organization","name":"Repay Down","url":"https:\/\/ifintechworld.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/","url":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png","contentUrl":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png","width":558,"height":90,"caption":"Repay Down"},"image":{"@id":"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61","name":"News Room","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ifintechworld.com\/#\/schema\/person\/image\/","url":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png","contentUrl":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png","caption":"News Room"},"sameAs":["https:\/\/ifintechworld.com"],"url":"https:\/\/ifintechworld.com\/?author=1"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts\/50535","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=50535"}],"version-history":[{"count":1,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts\/50535\/revisions"}],"predecessor-version":[{"id":50537,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts\/50535\/revisions\/50537"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/media\/50536"}],"wp:attachment":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=50535"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=50535"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=50535"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}