February 25, 2021 By Leah Valentine 2 min read

Thinking of flying private? Verijet has a fresh new approach.

Case study: “Taking Back the Skies

Imagine hailing a private jet in much the same way you can hail a car with a ride-sharing app.

Now, give that jet a small carbon footprint and next-level safety features. Make it quiet. Sanitize it between flights. Oh, and make it affordable.

That’s Richard Kane’s vision, and IBM is helping make it a reality.

“With Verijet, someone searches for a private flight, and we can respond instantly and give them a price. Our AI has already checked that everything is safe and legal and available, and it’s a firm, fixed price. This capability opens private flying to the general public in a way that’s never been done before.” — Richard Kane, Chairman and CEO, Verijet

For years, booking a private flight meant calling a private booking agent, whose personnel would haggle with operators and pilots and levy substantial upcharges.

“They would charge between 7% and 20% for this, it would take hours to get a confirmation that you could fly, and you would be paying all of these intermediates,” says Kane.

So, he set out to build an optimization engine that would do the work of a team of schedulers at the click of a button, thereby eliminating upcharges and making flights more affordable. He partnered with a private aviation company called JetBird, taking on its fleet as a starting point.

“We started out with 70 aircraft and about 1,000 customer bookings every 10 days,” says Kane. “For a carrier of that size, there can be 16 quintillion possible routing solutions. We have to figure out which plane gets which customer. And then which planes need maintenance, when. Which crew is going to fly each plane, how many hours the crew will have to sleep, how far their hotels are from the airport, how long their drive will be during traffic … The list goes on and on.”

Read the case study to find out how Kane made the switch to IBM IBM Cloud® Bare Metal Servers through the Startup with IBM program and saw his vision take flight.

Was this article helpful?
YesNo

More from Cloud

From complexity to clarity: Future pathways for VMware clients

5 min read - Today, VMware clients might be facing transformational decisions amidst an evolving landscape following Broadcom's acquisition of VMware and in search of the best pathways to serve their business needs. However, this process can be complex and challenging, with the potential impacts of choosing the right offerings, adapting to licensing modifications and navigating the partnership impacts. IBM Consulting® can support VMware clients in their transformational journey based on its vast experience of supporting clients through their hybrid cloud estate. IBM Consulting…

Accelerating responsible AI adoption with a new Amazon Web Services (AWS) Generative AI Competency

3 min read - We’re at a watershed moment with generative AI. According to findings from the IBM Institute for Business Value, investment in generative AI is expected to grow nearly four times over the next two to three years. For enterprises that make the right investments in the technology it could deliver a strategic advantage that pays massive dividends. At IBM® we are committed to helping clients navigate this new reality and realize meaningful value from generative AI over the long term. For our…

New 4th Gen Intel Xeon profiles and dynamic network bandwidth shake up the IBM Cloud Bare Metal Servers for VPC portfolio

3 min read - We’re pleased to announce that 4th Gen Intel® Xeon® processors on IBM Cloud Bare Metal Servers for VPC are available on IBM Cloud. Our customers can now provision Intel’s newest microarchitecture inside their own virtual private cloud and gain access to a host of performance enhancements, including more core-to-memory ratios (21 new server profiles/) and dynamic network bandwidth exclusive to IBM Cloud VPC. For anyone keeping track, that’s 3x as many provisioning options than our current 2nd Gen Intel Xeon…

IBM Newsletters

Get our newsletters and topic updates that deliver the latest thought leadership and insights on emerging trends.
Subscribe now More newsletters