Core Insights - Creatd, Inc. has signed a Letter of Intent to acquire Air Charter Advisors, Inc., enhancing its position in the aviation sector [1][4] - The acquisition is valued between $3 million and $6 million and is expected to close within 60 days, following due diligence [4][8] - This move follows Creatd's recent acquisition of Flyte for $8.3 million, indicating a strategic focus on consolidating aviation assets [1] Company Overview - Air Charter Advisors specializes in private jet charter, aircraft management, and consulting, with a strong reputation for safety and premium service [6] - Flyte, a subsidiary of Creatd, offers regional and international private flight services and is focused on a shared services model to support high-growth operators [7] - Creatd, Inc. is a publicly traded investment firm that acquires and grows founder-led companies in aviation, media, and advisory services [9] Strategic Integration - The acquisition will allow Flyte to expand its customer base and diversify service offerings while maintaining Air Charter Advisors as an independent entity [2][3] - Air Charter Advisors will benefit from Flyte's shared services infrastructure, including finance, compliance, IT, and AI-powered optimization tools [3][5] - The deal is part of a broader strategy by Creatd to integrate aviation companies with complementary capabilities, aiming to create a comprehensive aviation network [5]

Core Insights - Creatd's subsidiary Flyte has launched an AI-powered platform for private travel, featuring two live offerings: Flyte Luxe and Flyte Hops, with a third, Flyte Escapes, expected soon [1][2] - The launch is part of Creatd's strategy to acquire and scale high-potential businesses through centralized infrastructure in finance, compliance, logistics, and technology [2][3] - Flyte aims to enhance the booking experience using AI for real-time pricing and personalized recommendations, while automating operational workflows to streamline the traditionally labor-intensive private air travel process [2][4] Company Overview - Flyte is positioned as a modern air mobility company, integrating technology and operational efficiency to serve both travelers and providers [2][3] - The platform is designed to eliminate friction in the booking process and is equipped with centralized systems and shared services, making it attractive for boutique private brokerages [3][4] - Flyte operates Flyte Luxe, a premium global charter service, and Flyte Hops, a regional air taxi service, with plans to launch Flyte Escapes, a luxury travel experience [6] Technological Integration - Flyte is described as a full-stack operational engine, transforming the private flight booking process and the overall industry operations [4] - The platform is currently available as a progressive web app on iOS and Android, with native mobile apps set to launch in the next quarter [4] - Flyte Luxe offers premium aircraft access and white-glove service, while Flyte Hops focuses on short-haul efficiency using eco-conscious aircraft [6]