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Fractional share operator Flexjet is making several major moves with its Gulfstream G650 offering. It’s adding new markets for its existing World Access option. It’s also launching a new Unlimited Access option nationally. Added perks in both programs include complimentary carbon offsets and helicopter transfers in New York and London via sister OneSky Flight operator Halo.
Flexjet and Viasat Inc., a global communications company, announced a partnership. The second-largest fractional operator will install Viasat’s in-flight connectivity (IFC) system on select Flexjet fleets. The deal provides Viasat’s high-speed Ka-band IFC service on Flexjet’s Embraer Praetor 600 super-mid cabin fleet. The aircraft serve transatlantic and domestic European routes. Additionally, the partnership will provide Viasat’s Ku-band IFC service to Flexjet’s Bombardier Global and Gulfstream G450 and G650.
What a difference a year and a couple of months make. Fitch Ratings has upgraded OneSky Flight’s Issuer Default Rating (IDR) to ‘B’ from ‘B-. Fitch also upgraded the company’s senior secured term loan to ‘BB-‘/’RR2’ from ‘B’/’RR3’. The Rating Outlook is Stable. OneSky is a unit of Directional Aviation. Its private aviation brands include Flexjet, Sentient Jet, FXAIR, PrivateFly, and Halo. In April 2020, Fitch had downgraded OneFlight citing, “the effects of a global drop in demand related to the coronavirus pandemic.”
The website for AccorJets claims to have a fleet of Bombardier Global 7500s, Gulfstream G650s and G500s, and Citation Latitudes. Three more aircraft will be delivered this year, it says. It claims to be “part of the Directional Aviation portfolio.” It lists as board members executives of the Accor Hotels Group, including chairman and CEO, Sébastien Bazin. Accor includes brands like Raffles and Fairmont and is one of the world’s largest hospitality companies.