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Stock impact report

This company wants to be the Uber of private jets [Yahoo! Finance]

JARDINE MATHESON UNSP/ADR (JMHLY) 
NASDAQ:AMEX Investor Relations: jardines.com/en/ir/ir.html
Company Research Source: Yahoo! Finance
use of private jets has been up significantly even as the war in Iran skyrocketed the global price of oil this spring. According to the latest data from aviation industry tracker WingX, the number of private jet flights around the world was up 11% during the week ending on March 29. That number was, at 57,313 departures, up 13% for flights departing from North America as a growing number of travelers sought out the ultimate luxury of being able to bypass airport lines and charter a flight to a destination of their choosing. While seemingly controversial given the fact that jet fuel prices are currently at highs unseen since 2022, analysts attribute rising private jet use to the widespread flight cancelations and travel disruptions that left those who normally would not fly private to seek out that route. How do you order a private jet? This boutique charter company hopes to change that Individual rides on a private plane have traditionally been ordered by proposing flight and Show less Read more
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