Thomas Flohr has officially added Jet Edge and Air Hamburg to VistaJet, XOJet, XO, Talon Air, Red Wing Aviation, and Apollo Jets
Vista Global has closed its acquisitions of Air Hamburg and Jet Edge, the company said. It adds over 100 aircraft and brings the Vista Global combined fleet to over 350 private jets.
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Multiple sources tell Private Jet Card Comparisons that Vista Global, Flexjet parent Directional Aviation and possibly other parties have been in acquisition discussions to buy Jet Edge
Multiple sources tell Private Jet Card Comparisons both Vista Global Holding and Flexjet, Sentient Jet parent Directional Aviation have been in discussions to acquire Jet Edge, the seventh-largest Part 135 charter operator in the U.S., in what would be the heated industry’s latest deal.
Continue reading “Vista Global, Flexjet parent Directional in discussions to buy Jet Edge?”
In a market short of supply, Jet Edge International is adding 27 super-midsize and large cabin private jets that will be flying by December. Here’s how…
Charter operator Jet Edge International has used its $150 million war chest from KKR to quietly snap up 11 Bombardier Challenger 300 and 350 super-midsize jets, five Challenger 650s, and 11 large-cabin Gulfstream G450s. It is also finalizing an order for 15 to 20 new super-midsize and large jets. Deliveries will start at the end of next year.
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Jet Edge’s deal for JetSelect brings an 85 strong fleet mainly focused on large-cabin and super-midsize private jets
The merger may mean better terms for large cabin and super-midsize jet card offerings
The old year ended with Delta Air Lines announcing it was merging Delta Private Jets into Wheels Up. When the deal closes, it becomes Wheels Up’s largest shareholder creating a fleet of over 180 aircraft, mainly King Air, light and midsize aircraft.
The new year begins with Jet Edge International, a major player in large-cabin private jets, acquiring JetSelect Aviation. The deal creates a fleet of 85 aircraft.
Last February, Jet Edge announced it had raised $60 million to fund expansion and acquisitions.
Continue reading “Jet Edge acquires Jet Select marking more consolidation”