JetSmarter may be sold for a fraction of its targeted value

JetSmarter, the once high-flying private aircraft-booking app backed by Jay-Z and the Saudi royal family, is being cleared for emergency landing, according to insiders. Valued at $1.6 billion two years ago, the so-called Uber of the skies is said to be in “rescue talks” that could result in a sale for as little as $20…

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