Flexjet Executive Overview
|Leadership||Kenn Ricci, Chairman|
Mike Silvestro, Chief Executive Officer
Megan Wolf, Chief Experience Officer
Marine Eugene, Managing Director, Europe
Lauren Florian, Chief Marketing Officer
|Jet Card Hourly Rates||Phenom 300 light jet from $7,937 per hour plus Fuel Surcharge and 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 has been 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 is based in Cleveland and ranks second behind NetJets based on fractional share operators’ flight hours.
Flexjet serves customers located in North America and, in 2020, expanded to Europe.
In March 2021, it launched a jet card program in Europe based on the Embraer Legacy 500.
In October 2022, it announced plans for a SPAC IPO.
As part of its SPAC merger, OneSky Flight will be renamed Flexjet, Inc. Constant Aviation will join the flight providers (Flexjet, Sentient Jet, FXAir, PrivateFly, Sirio, and Flair Jet) in the public company. Tuvoli, 4Air, and others will remain privately held.
In April 2023, the company announced it would not pursue the SPAC merger and would instead remain privately held.
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. An IPO of OneSky is planned for 2023, when it will be renamed Flexjet, Inc. and trade as FXJ on the New York Stock Exchange
Who is the CEO?
Mike Silvestro is CEO of Flexjet; Andrew Collins and Silvestro are co-CEOs of Flexjet, Inc.
How are aircraft sourced?
From its fleet of fractional aircraft
Flexjet Fleet (October 2022)
|Phenom 300||Light 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 around $245,00, plus FET
Does the company provide guaranteed availability?
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: