Set Jet

Last updated
Set Jet
Set Jet Logo.svg
Founded2014
Fleet size5
HeadquartersScottsdale, Arizona, United States
Key peopleTrey Smith (CEO)
Tom Smith (COO)
Website setjet.com

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

Contents

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. [10]

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

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References

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  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. "Set Jet Fleet Details and History". www.planespotters.net. Retrieved 11 April 2023.
  10. 1 2 "Private jet companies look to expand Las Vegas presence with casino customers". The Nevada Independent. Retrieved 11 April 2023.
  11. "By-The-Seat Charter Provider Set Jet Closes". SherpaReport.com. 2024-02-21. Retrieved 22 February 2024.