Jet.AI Announces Non-Recourse Debt Financing for Proposed Fleet Deal
Jet.AI (JTAI) GlobeNewswire News Room·2024-06-04 22:00
LAS VEGAS, June 04, 2024 (GLOBE NEWSWIRE) -- Jet.AI Inc. ("Jet.AI" or the "Company") (NASDAQ: JTAI), an innovative private aviation and artificial intelligence ("AI") company, announced the arrangement of non-binding, non-recourse, debt financing related to the proposed purchase of Bombardier Challenger 3500 aircraft valued at approximately US$280 million based on today's list prices. The debt financing arrangement, in conjunction with the previously announced Ionic Ventures LLC financing, positions the Com ...