Blackjet Lays Off Remaining Staff After Losing $200K a Week

Excerpt from

Dec 20, 2013 11:45 am

Skift Take

Although technology made the discover and booking of available private jets possible, there’s not nearly enough demand for a service like this, no matter how good the app is.

— Jason Clampet

Discover the Top Travel Brands on Social Media

A celebrity-backed startup that wanted to become the Uber of private jet travel — and had Uber co-founder Garrett Camp on its founding team — has laid off most of its employees as it seeks to raise more cash.

… It planned to sell individual seats on private jets flying popular routes like New York — Los Angeles or Boston — San Francisco. (The company’s site quotes a BOS — SFO one-way trip at $3,766.) But in order to buy those seats using BlackJet’s website or mobile app, you’d have to pay an annual membership fee of $2,500. Members also had to give two days notice when they wanted to fly.

“We were losing $200,000 a week,” the ex-Blackjetter told me. Most of BlackJet’s employees were laid off in September, this person said, after “the investors weren’t willing to put in more money.”

Read the Complete Story →

Tags: , ,

Next Up

More on Skift

Skift Business Traveler: Marriott Named the Best Hotel Loyalty Program
How Pharrell’s ‘Happy’ Is Spawning Amazing Travel Videos From Around the Globe
How Tech Changes Everything: Sabre Employees Live Tweeting Their IPO With Its Own Hashtag
Top 3 Destination ‘Must Haves’ for Chinese Travelers

We're the Moneyball of the Travel Industry

We know what's coming next in travel. Subscribe to the newsletter and get all the goodness in your inbox daily.