# The soaring use of business jets | Jetoptera

- Canonical URL: https://wefunder.com/feed/170528
- Entity ID: wefunder:feed_item:170528
- Published at: 2024-02-07 17:23:29 UTC
- Updated at: 2025-07-09 03:24:26 UTC

## Author
Simina Farcasiu

## Subject
Jetoptera

## Content
A recent Wall Street Journal article highlighted the notable rise of corporate jet usage for personal travel by executives, representing a significant market opportunity for Jetoptera. According to the article written by Theo Francis and Stephanie Stamm, S&P 500 companies increased their investment in corporate jets to $65 million in 2022, a marked 50% increase from pre-pandemic levels. The number of companies offering this luxury perk is also up 14% since 2019 to 216, and the number of executives benefiting from it is up nearly 25% to 427. For example, Meta Platforms and Las Vegas Sands spent $6.6 million and $3.2 million, respectively, on personal flights for their top executives in 2022.Jetoptera is uniquely positioned to capitalize on this growing demand with aircraft that are laser-focused on safety and efficiency—two key reasons companies cite for investing in the executive perk. Moreover, our bladeless propulsion system offers a faster and quieter air travel solution for those seeking private jets, be it for corporate or personal travel. Imagine if instead of loud black helicopters whizzing around New York City, our silent, bladeless jets are gracefully lifting off and landing from skyscrapers. With Jetoptera, people will be able to hop from city to mountaintop in a fraction of the time, transforming not just executive travel but offering quieter and safer air travel options for everyone. FPS makes the future of accessible urban air mobility a reality– without the noise pollution.From private business jets to passenger air taxis and beyond, Jetoptera is poised to transform the $1 trillion advanced air mobility market as we know it. Join us by investing or increasing your investment today at wefunder.com/jetoptera.