Fast-growing FlyExclusive is making its first new aircraft order and expanding from charter and jet cards into fractional ownership
Kinston, North Carolina-based FlyExclusive has entered into a purchase agreement with Textron Aviation for up to 30 new Citation CJ3+ light jets. The fifth-largest operator in North America will also enter the fractional ownership market.
Wheels Up investor Delta Air Lines has switched its representative on the private jet company’s board of directors
Delta Air Lines, a major investor in Wheels Up Experience after selling Delta Private Jets to the company in a 2019 deal, has switched its representative on the private jet company’s Board of directors.
Wheels Up’s $107 million agreement to acquire Air Partner brings a European and Transatlantic jet card program and a base for international expansion
Here’s what the Wheels Up, Air Partner deal could mean to their jet card and membership customers
Wheels Up and Air Partner have filed documents this morning in the U.K., agreeing for the New York-based provider to acquire the Gatwick-based aviation services company, which offers jet cards and on-demand charter.
Backed by record demand and with no letup in sight, operators from NetJets to niche brokers are announcing ambitious fleet growth targets
Private jet fleet capacity has become one of the industry’s hottest issues. Demand for private aircraft, owned, via charters, jet cards, and fractional shares, continues to surge to record levels. Charter and jet card flights tracking 30% higher than 2019 pre-pandemic levels combined with owners flying their jets more is putting a strain on the system. Supply chain and labor issues impacting the greater economy are impacting the private aviation industry. It’s creating a new reality for private jet flyers.