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July 5, 2023
Jay Madhu
Chief Executive Officer
Oxbridge Acquisition Corp.
Suite 201, 42 Edward Street
Georgetown, Grand Cayman
P.O. Box 469, KY1-9006
Cayman Islands
Re:Oxbridge Acquisition Corp.
Amendment No. 3 to Registration Statement on Form S-4
Filed June 22, 2023
File No. 333-270848
Dear Jay Madhu:
            We have reviewed your amended registration statement and have the following
comments.  In some of our comments, we may ask you to provide us with information so we
may better understand your disclosure.
            Please respond to this letter by amending your registration statement and providing the
requested information.  If you do not believe our comments apply to your facts and
circumstances or do not believe an amendment is appropriate, please tell us why in your
response.
            After reviewing any amendment to your registration statement and the information you
provide in response to these comments, we may have additional comments.  Unless we note
otherwise, our references to prior comments are to comments in our June 16, 2023 letter.
Amendment No. 3 to Registration Statement on Form S-4
Market, Industry and Other Data, page 5
1.We note your statement regarding market data used in the prospectus cautioning investors
"not to give undue weight" to estimates. This statement appears to imply a disclaimer of
responsibility for this information in the registration statement. Please either revise this
section to remove such implication or specifically state that you are liable for all
information in the registration statement.

 FirstName LastNameJay  Madhu
 Comapany NameOxbridge Acquisition Corp.
 July 5, 2023 Page 2
 FirstName LastName
Jay  Madhu
Oxbridge Acquisition Corp.
July 5, 2023
Page 2
The Business Combination
Opinion of Stanton Park Advisors, LLC, page 115
2.We note your revised disclosure in response to prior comment 2.  Please make
corresponding revisions to your disclosures in this section.
Management's Discussion and Analysis of Financial Condition and Results of Operations of Jet
Token
Liquidity and Capital Resources, page 175
3.We note your revision in response to comment 4.  Net cash provided by financing
activities in the table on page 175 is inconsistent with the amounts disclosed in the
financial statements on page F-48.  Please revise.
General
4.We note you disclose that this prospectus covers 7,918,408 shares of Jet.AI Common
Stock (including Class A Ordinary Shares, Class B Ordinary Shares, Jet Token Common
Stock and Jet Token Preferred Stock that will convert into shares of Jet.AI Common Stock
in connection with the Business Combination, and shares issuable upon exercise or
vesting of the Jet.AI Warrants, the Merger Consideration Warrants, the Jet.AI RSU
Awards and the Jet.AI Options).  However, it appears that such 7,918,408 shares does not
include the shares to be issued in exchange for the Class A Ordinary Shares and Class B
Ordinary Shares or shares issuable upon exercise or vesting of the Jet.AI Warrants and
Merger Consideration Warrants. Please advise or revise.
5.Please disclose that you have received a notice from Nasdaq indicating that the company
is no longer in compliance with the minimum market value of listed securities set forth
in Nasdaq Listing Rule 5550(b)(2) and include appropriate risk factor disclosure.
            You may contact Myra Moosariparambil, Staff Accountant, at 202-551-3796 or Kimberly
Calder, Assistant Chief Accountant. at 202-551-3701 if you have questions regarding comments
on the financial statements and related matters. Please contact Michael Purcell, Staff Attorney, at
202-551-5351 or Karina Dorin, Staff Attorney, at 202-551-3763 with any other questions.
Sincerely,
Division of Corporation Finance
Office of Energy & Transportation
cc:       Hallie Heath