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Qatar Airways invests in US Private Jet Company

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Less than a year after Qatar Airways dropped its plan to buy as much as 10% of American Airlines, it is making a “significant” undisclosed investment in JetSuite, Inc. The additional funding will power expansion of both JetSuite, which sells jet cards and on-demand charter and its newer JetSuiteX subsidiary, which sells single seats on scheduled public charter flights. Those flights operate between private jet terminals cutting travel time for passengers by 90 to 120 minutes. Qatar Airways joins… (www.forbes.com) More...

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