// < ! There are also concerns over security. While not familiar with the specifics of JetSmarter until we called him, he said, It raises my red flags., JetSmarter CEO Sergey Petrossov (in tan jacket), and Lolita Petrossov attend the DuJour Media, Gilt and JetSmarter party to kick off Art Basel at the Confidente in Miami Beach last November. With businesses like Uber becoming the norm, how do you see the private aviation industry changing in the near future? Sergey Petrov - Player profile 22/23 | Transfermarkt Sergey Petrov, 32, from Russia FK Krasnodar, since 2012 Right-Back Market value: 1.00m * Jan 2, 1991 in St. Petersburg, UdSSR Sergey Petrossov - EverybodyWiki Bios & Wiki About a year ago, Leonardo Galvez received an offer from JetSmarter that was too good to pass up. Sergey Petrossov launched JetSmarter, the Uber for private jet travel in 2013. This is just a sample. I went to the University of Florida and studied finance. In season, helicopter shuttles to the Hamptons from Manhattan are available as well. Thats a shift. He believes in the potential growth of the industry and apparently so do his investors, including the likes of Jay-Z and the Saudi Royal Family. Just hail a private jet", "Interview: How Sergey Petrossov revolutionized private jet business", "The JetSmarter App Puts Air Travel at Your Fingertips", "JetSmarter puts a jet in your pocket, and is happy to see you", https://privatejetcardcomparisons.com/2018/09/08/jetsmarter-flight-diverted-after-threats-from-a-passenger/, https://www.miamiherald.com/news/business/article229059544.html, "Meet the private-jet startup backed by Jay Z and the Saudi royal family", "An 'Uber for private jets' startup just raised $20 million from Jay Z and the Saudi Royal Family", "With $20M In The Bank, JetSmarter Is Building The Uber Of The Skies", "Private-Jet Booking App Lands $105 Million in Funding", "JetSmarter Raises $105 Million for Uber-Like Services in the Sky", "Jay Z-backed private jet firm JetSmarter raises $105 million at $1.5 billion valuation", "Jet Membership Seller JetSmarter Raises An Undisclosed Amount Of Institutional Capital Private Jet Card Comparisons Know Before You Buy", "Lawsuits, layoffs, safety concerns, and now lack of flights cloud JetSmarter's future", "Need a Private Jet in a Pinch? How To Remove Items From Your Credit Report, How To Boost Your Credit Card Approval Odds, Best Pet Insurance Companies of April 2023, Drivers May Soon Get More Money Back From Car Insurance Companies, Non-Fungible Frenzy: Why NFTs Are Suddenly Everywhere. Thanks for reading! Intrigued and determined to find a way to make the private flight experience much more convenient, he started researching the industry and formulating solutions. We spend a lot of time asking members to spread the word. There is no such thing as a typical day for Petrossov. ", "JetSmarter faces lawsuits, losses and security questions", https://en.wikipedia.org/w/index.php?title=JetSmarter&oldid=1149578250, Companies based in Fort Lauderdale, Florida, Ridesharing companies of the United States, All Wikipedia articles written in American English, Creative Commons Attribution-ShareAlike License 3.0, Sergey Petrossov (CEO), Gennady Barsky (President). Get the latest sergey petrossov news, articles, videos and photos on the New York Post. [39] In the same month, JetSmarter agreed to an undisclosed settlement after a New Jersey coupled filed a lawsuit alleging deceptive sales tactics. Americas +1 212 318 2000. The company was headquartered in Fort Lauderdale, Florida, United States. Sergey Petrossov: JetSmarter's Youngest CEO and - Eddusaver And let's not forget Billy McFarland and the Fyre Festival debacle. As Galvez told CNBC: "My heart dropped. A Luxury Guide to a Long Weekend in Istanbul, Sjefke Jansen on His New Role as GM of Anantara Kihavah, Le Commandant Charcot: The Worlds Only Luxury Icebreaker, The McLaren Paddock Club: Feel the Beating Heart of Formula 1. By enabling guests to travel to over 170 countries worldwide, JetSmarter is often referred to as a country club in the air.. Sergey Petrossov, Big Dreams Lead to Great Success 4 "Sergey Petrossov" profiles | LinkedIn How Sergey Petrossov, JetSmarter's Founder and CEO, is Revolutionizing Still, the company and its founder, Sergey Petrossov, did a lot to pave the way for future by-the-seat and sharing models. Still, despite JetSmarter's aggressive legal bullying, a number of former members have joined a class action lawsuit against the company. In March 2013, JetSmarter launched globally. Having visited more than 30 countries, Petrossov named New York City as his favorite travel destination and Hong Kong as the next stop on his list. The plane made an emergency landing in Nebraska and Paola was removed from the plane and arrested. By clicking "TRY IT", I agree to receive newsletters and promotions from Money and its partners. Its not every day that you see a 29-year-old at the helm of a billion-dollar company. What began as an idea in 2012 has now become the worlds largest private aviation travel and lifestyle community. JetSmarter aggregates. Petrossov says about 1,000 of its members representing the top 10% of its customers spend an average of $140,000 per year. When I was 18, I wasnt really into college that much I was more interested in getting out of college and I got involved with my first startup. If you have a real, deep drive, no matter how much youre knocked down, you can always get your head up, he says of his career. The question was: How was JetSmarter making ANY money off their flights? We have raised funding from private sources including the royal family in the Kingdom of Saudi Arabia, A-league executives, music moguls, and more. JetSmarter flight services included a mix of shared and private flights: JetSmarter claimed to offer 3,000 private jets and 2,000 free empty legs per month. You heard it here first. When CNBC contacted former and current employees for their investigation, they received a cease and desist from JetSmarter. After his first exposure to private jet travel when a fellow business owner took him aboard one, Petrossov noticed surprising inefficiencies. Theres no effect on the business., There has, however, also been a management shuffle among the chief financial officers over the past year. That was my first experience working with engineers and I learned with technology how much value you can bring in a short amount of time. Members raved about the service, which at the time, gave them all you can fly private jet service for as little as $7,000 a year. In fact, it is making money on some flights. One day in 2009, he and some of his friends were given the opportunity to fly on a private plane, but the only way to book that flight was by calling the company directly and talking to a dispatcher, who then sent them a physical invoice to sign and fax back to the company. What are the main differences between JetSmarter and its close competitors? Select Accept to consent or Reject to decline non-essential cookies for this use. When they asked for refunds, JetSmarter told them to read the legal disclosures in their membership agreements that said the company could "change, suspend, or terminate any of the services or benefits at any time." Founder and CEO, JetSmarter Boca Raton, Florida About Sergey Petrossov Sergey wants to change the aviation business by making private flights accessible to the masses. In 2009 when I began flying private, I quickly came to realize that the private jet industry was very archaic; its brick-and-mortar process of picking up the phone, waiting hours and speaking to numerous different people in order to charter a jet was outdated and inconvenient. Your email address will not be published. The JetSmarter app is available for iOS and Android download in the iTunes store or Google Play store. Sergey Petrossov, CEO of JetSmarter Autopilot is a godsend for getting work done in the car Sergey Petrossov of JetSmarter in his office in Fort Lauderdale, Florida Josh Ritchie/FT Janina. Terms of the transaction were not disclosed. What are JetSmarters expansion plans for the future? His success has come from the rising of hard work. Awarded Forbes' 30 Under 30 in Consumer Technology, Petrossov is an entrepreneur by trade and has taken JetSmarter to heights no one would have imagined no one but himself, of course.
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