Jet Edge, which specializes in the management of large and super-midsize aircraft, says it will use the funds for “a number of strategic initiatives.”
Jet Edge, a major player in the management of super-midsize and large-cabin private jets, said it has secured a $60 million investment from Solace Capital Partners to support its continued growth. The company said it has “grown significantly over the past several years.” It now has a fleet of 50 large-cabin and super-midsize aircraft, including Bombardier, Dassault, Embraer, and Gulfstream jets in its managed fleet with 425 employees.
JetCard customers increased by double digits while overall
private jet charter was flat
Global aviation services group Air Partner today provided a trading update for the year ended 31 January 2019. The company said its Charter division “performed well” with “strong performance in Freight and Commercial Jets.” Its private jet charter performance was flat although its JetCard jet card customer count grew by double digits.
On-demand private jet charter and jet card broker Privé Jets
was honored by the World Travel Awards during a ceremony held Jan. 28, 2019 in
Montego Bay, Jamaica
Florida-based broker Privé Jets, which sells both on-demand charter and a variety of jet cards, was named North America’s Leading Private Jet Charter by the World Travel Awards. It’s the fourth time Privé Jets has been recognized with the award and the second consecutive year winning the award. The World Travel Awards celebrates the commitment to excellence from key players in the travel, tourism and hospitality industries, according to a press release.
Winner at the World Travel Awards
The membership of the General Aviation Manufacturer’s
Association recently outlined some of the way members give back
Business aviation supports over 1.1 million jobs and $219 billion dollars in economic activity in the U.S. The industry also supports businesses in over 5,000 communities, over 4,500 that don’t have commercial airline service. It is also on the front lines after natural disasters, bringing aide to the stricken and supporting first responders.
The U.K.-based broker of jet cards and on-demand charter has been building its U.S. operations
High-speed rail may be in trouble in the Golden State but private jet travel continues to thrive. British jet card and charter broker Air Charter Service has invested further in its Los Angeles operation as it continues to expand its presence in California, the company said in a press release.