Sergey Petrossov Takes Advantage of Unused Flying Hours
As a young entrepreneur, it can be hard to get a company off the ground. Sergey Petrossov knows this better than anyone. On the other hand, his perseverance and discipline have paid off in spades. He might be young; however, his company is already a massive success and is valued at more than $1 billion. He has gotten the attention of some big-name investors including Jay-Z and the Saudi royal family. His design sounds simple on the surface; however, it has taken a tremendous amount of work. His company, JetSmarter, allows people to book a private flight from their phone. This has made the world of private travel more accessible than ever before. His company has even been compared to Uber and Lyft. Sergey Petrossov wants to make sure the company reaches its full potential.
When Sergey Petrossov first rode on a private flight, he was surprised by a number of issues. First, the private jet travel industry was already worth billions of dollars. At the same time, there were a lot of flying hours that went unused. Planes were spending time sitting in the hangar instead of flying people from place to place. Planes were also flying at far less than full capacity. Therefore, Sergey Petrossov saw an opening in the world of private jet travel. If he could find a way to fly these planes and use those seats, there would be a tremendous financial return.
That was his goal. He made booking a private flight far easier. With the push of a button, people could book a seat on a private flight. This meant that more people than ever before were using private jet travel. As a result of the increased use, the prices started to drop. Sergey Petrossov has the goal of disrupting the entire travel industry, not just the private one. This includes some of the titans of the commercial world as well.