Flexjet Executive Overview
|Leadership||Kenn Ricci, Chairman|
Mike Silvestro, Chief Executive Officer
Megan Wolf, Chief Operating Officer
|Jet Card Hourly Rates||Phenom 300 light jet from $7,500 per hour including FET|
|Related Products||Fractional Ownership, Leasing, Corporate Solutions|
|Related Companies||Directional Aviation, OneSky Flight, Sentient Jet, FXAIR, PrivateFly|
Flexjet history and overview
Aircraft manufacturer Bombardier founded Flexjet in 1995. It focuses on fractional ownership and leases of private jets and also has a limited jet card program.
Since 2012, it is part of the Directional Aviation family of companies created by private aviation entrepreneur Ken Ricci, including Sentient Jet, PrivateFly, Tuvoli, FXAir, jet re-manufacturer Nextant Aerospace and jet sales company Sojourn Aviation as well as others. Its operating unit is OneSky Flight, LLC.
In 2021, OneSky Flight acquired helicopter operators in the U.S. and U.K. and rebranded them under Halo. OneSky also placed an order for 200 eVTOLs from Embraer-backed EVE. The goal is to create door-to-door private aviation solutions for customers of Flexjet and other OneSky brands.
Separately, a SPAC led by Ricci priced at $200 million launched on the NASDAQ in November 2020.
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The company has billion-dollar orders for Embraer’s Praetor 500 and 600, the upcoming Gulfstream G700. It also had an order for 20 of the now-discontinued supersonic Aerion AS2 private jets. The company is based in Cleveland and ranks second behind NetJets based on fractional share operators’ flight hours. In March 2021, it launched a jet card program in Europe based on the Embraer Legacy 500.
When was Flexjet founded?
Who owns Flexjet?
Directional Aviation is its controlling shareholder. It is part of OneSky Flight, which includes Sentient Jet, FXAIR, PrivateFly, and Tuvoli
Who is the CEO?
How are aircraft sourced?
From its fleet of fractional aircraft
|Phenom 300||Light Jet|
|Legacy 450||Midsize Jet|
|Praetor 500||Midsize Jet|
|Praetor 600||Super Midsize Jet|
|Challenger 350||Super Midsize Jet|
|Gulfstream G450||Large Jet|
|Gulfstream G650||Ultra-Long-Haul Jet|
|Gulfstream 700||Ultra-Long-Haul Jet|
What are the initiation and membership fees?
There are no initiation or membership fees
What is the cost of Flexjet’s entry-level program?
The Flex25 Embraer Phenom 300 jet card is $187,507, including FET
Does Flexjet provide guaranteed availability?
Is the hourly rate guaranteed?
Can jet card holders/members use multiple aircraft at the same time?
Yes, not guaranteed
What is the company website?
Where is Flexjet’s headquarters?
Latest Flexjet News
The latest news and updates from Flexjet: