Private Jets Inc
How we got $18.0M
Based on its 44 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 42% since 2020Today's estimate scaled by the headcount reported each year and that year's prices. A trend, not a record of past sale values.
Employees over time
▲ 59% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 44 | $28.6M |
| 2020 | Form 5500 | 26 | $16.9M |
| 2021 | Form 5500 | 42 | $27.3M |
| 2022 | Form 5500 | 61 | $39.6M |
| 2023 | Form 5500 | 79 | $51.3M |
| 2024 | Form 5500 | 85 | $55.2M |
| 2025 | Form 5500 | 70 | $45.4M |
Participants are employees in the company's retirement plan at year end, from its Form 5500 filing with the Department of Labor. They usually run a little under total headcount (part-timers and new hires may not be eligible). Revenue and EBITDA apply this industry's revenue per employee and margin to each year's count.
What we know
Signs of a sale Some signs of a sale
- In business 39 years (since 1987)
From public records and the company's website, not a statement that it's for sale.
What they do
Private Jets Inc. is a charter flight company offering private travel experiences, with a Thunder Wings jet card program and charter management services. It operates from Wiley Post Airport in Bethany, OK and San Antonio International Airport.
From the company's website. Industry: Nonscheduled Chartered Passenger Air Transportation.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| PRIVATE JETS INC this business | $28.1M | — |
| SHOHAIB Bethany · 21 employees | $10.2M | 0.3 mi |
| AMERICAN JET MANAGEMENT INC Bethany · 6 employees | $4.8M | 0.3 mi |
| TAKLE MANAGEMENT, LLC Bethany · 5 employees | $3.5M | 0.3 mi |
| ANNE BUTHION Oklahoma City · 1 employees | $1.1M | 3.2 mi |
| WEEKS AVIATION L.L.C. Oklahoma City · 1 employees | $576K | 7.6 mi |
| HS PILOT SERVICES LLC Edmond · 2 employees | $3.3M | 12.5 mi |
Ranges & sources
| Revenue range | $18.5M – $32.0M |
| EBITDA range | $2.2M – $3.7M |
| Industry (NAICS) | Nonscheduled Chartered Passenger Air Transportation (481211) |
| Value range | $9.5M – $24.6M |
EBITDA margin: from IRS tax returns of S corporations in this industry (2019–2022), adjusted for company size: smaller companies typically run higher margins. EBITDA here is after owners' salaries.
Benchmarks: US Economic Census 2022. PPP loans were sized on 2019–2020 payroll, so figures reflect that period. These are statistical estimates, not reported financials. Full methodology
History & advisors
“Private Jets, Inc., a successor company to Oklahoma Executive Jet Charter, was founded in 1987.”
Advisors
- BankingProsperity BankPPP / SBA lender
From the company's own website and public filings (DOL Form 5500, IRS Form 990, SBA). Roles are as stated there and may be out of date.
Banking relationships
| Prosperity Bank PPP 2020, PPP 2021 | All 748 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/29/2020 | first | $590K | 44 |
| 2/10/2021 | second | $590K | 43 |
2 locations
| 7220 NW 63RD ST | Bethany | This listing |
| 6611 S Meridian Ave Unit 59150 | Oklahoma City | View |
Revenue, EBITDA and value are for the whole company.
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Private Jets Inc
Private Jets Inc is a nonscheduled chartered passenger air transportation company in Bethany, Oklahoma, in business since 1987. Its estimated annual revenue is about $28.1M, with roughly $3.3M of EBITDA. It has about 70 employees. Its estimated business value is $18.0M (likely range $9.5M–$24.6M). It has 2 locations.
Common questions
- Who owns Private Jets Inc?
- The owner of Private Jets Inc isn't in public records we've found yet. If you own or run the business, you can add or correct its details on SeeBITDA.
- How much revenue does Private Jets Inc make?
- SeeBITDA estimates Private Jets Inc's annual revenue at about $28.1M (likely between $18.5M and $32.0M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Private Jets Inc worth?
- About $18.0M, roughly 5.5× its estimated EBITDA of $3.3M, typical for a nonscheduled chartered passenger air transportation company its size. Likely range: $9.5M–$24.6M.
- How many employees does Private Jets Inc have?
- About 70, from its 2025 retirement-plan filing.
- When was Private Jets Inc founded?
- Private Jets Inc has been in business since 1987.