Flexjet makes a strategic acquisition to support fleet

The acquisition of Flying Colours by Flexjet strengthens its in-house MRO, paint, and refurbishment capabilities.

By Doug Gollan, August 2, 2023

The acquisition of Flying Colours by Flexjet strengthens its in-house MRO, paint, and refurbishment capabilities

Flexjet, Inc., parent of flight providers Flexjet, Sentient Jet, FXAir, and PrivateFly, today announced that it is acquiring Flying Colours Corp., an aviation maintenance, repair, and overhaul company.

According to the news release, “This further expands the private jet travel industry’s most significant maintenance and product support network, with facilities in the United States, Canada, and Europe supporting Flexjet’s rapidly growing fleet.”

“Bringing the capabilities of Constant Aviation, which Flexjet bought earlier this year, and now Flying Colours in-house enables us to ensure both the highest possible service quality and the maximum availability of aircraft for our Owners,” said Flexjet Chairman Kenn Ricci.

In-house approach

He added, “Unlike other companies in our space that rely on third-party providers for their MRO needs, Flexjet now fully controls its maintenance and product support needs, and this aligns with our strategic vision of differentiating ourselves from the competition at every level and in every way.”

He continued, “We’re thrilled to welcome the talented Flying Colours team to Flexjet with their 40+ year history of excellence as a global leader in aircraft completions.”

The Peterborough, Ontario, Canada-headquartered company offers a full range of MRO services and a comprehensive set of additional capabilities specifically focused on aircraft interior completions, refurbishments, and custom aircraft painting. Its primary 40,000 square-foot paint hangar can handle any size business aircraft as well as airliner category aircraft (with a secondary facility that can handle any Gulfstream aircraft up to a G650).

At 61,000 square feet, a new completions hangar is among the industry’s largest, enabling it to handle multiple aircraft simultaneously.

“One of the qualities most associated with Flexjet is our superior cabin experience, as exemplified by the more than 40 unique interiors in our LXi Cabin Collection. Flying Colours is renowned for the excellence of its paint and completion work, and this ensures that the interiors of our aircraft meet the world’s highest standards,” said Jay Heublein, Flexjet Senior Vice President of Maintenance.

He added, “This acquisition ensures that we can deliver on the commitment we made to our Owners to provide the best possible cabin experience.”

Increased MRO and AOG support

Flexjet’s global maintenance facility footprint now includes 12 primary maintenance facilities and 30 AOG teams to provide field support to the fleet.

Approximately 250 Flying Colours team members will join Flexjet. In addition, Flexjet is actively in the process of hiring nearly 200 core technicians during the current year.

In May, Flexjet launched a new hangar in Milan, Italy, expanding its European support network.

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