In a wide-ranging interview, Directional Aviation’s boss Kenn Ricci tells Private Jet Card Comparisons Flexjet’s Europe growth is moving forward, it is expanding use of private jets to position pilots, and Sentient Jet will introduce health-safety requirements for its partner operators
A McKinsey study reveals 90% of those who can afford to fly privately don’t; However, UHNWs and corporate executives are often part of the high-risk profile for COVID-19
With tailwinds gradually picking up, Directional Aviation Capital’s principal Kenn Ricci announced his OneSky Flight’s Flexjet unit will expand its European presence in 2021.
Before the Covid-19 Coronavirus crisis, plans had called for a launch this month during the annual EBACE exhibition in Geneva, Switzerland.
The private jet operator says it is on track to launch its fractional share, lease and jet card offerings in Europe
More plans are expected to be disclosed in the second quarter of this year
Flexjet’s long-planned expansion into Europe is still on track, the company told Private Jet Card Comparisons.
Several pilots commenting on chat board PPRuNe, which stands for Professional Pilot Rumor Network, had raised the question if Flexjet’s Europe launch was on hold.
Fractional share, lease and jet card fleet operator Flexjet says its customers will be spending the holidays in the sun, on the slopes, and the big cities
Flexjet says it is seeing “major increases among those flying privately over the holidays, with travel reaching record levels over Thanksgiving and continuing its growth during the holiday season.”
The company, which has been in the news for its recent separate billion-dollar aircraft orders from Embraer and Gulfstream – on the same day – may need more private jets sooner rather than later.
For Flexjet the order follows its $1.4 billion deal with Embraer announced earlier today; For Qatar Executive, it’s in addition to its July billion-dollar Gulfstream order
A billion dollars here. A half-billion or so there. It is Las Vegas after all. As the National Business Aviation Association’s annual convention kicks off here, Flexjet followed up its morning announcement it is buying $1.4 billion in private jets from Embraer by placing an order to be the North American launch customer for the Gulfstream G700.
(Updated Oct. 23, 2019: Flexjet’s order is for 16 G700s valued at $1.2 billion)
Flexjet’s chairman Kenn Ricci wasn’t the only CEO playing at the high stakes table. Akbar Al Baker, CEO of Qatar Airways, is buying 10 of the new ultra-long-range, ultra-fast private jets for his Qatar Executive charter division. It follows a billion-dollar order with the Savannah, Georgia-based manufacturer in July.
Flexjet House in London’s Mayfair comes in advance of its
planned European expansion
Flexjet LLC last night marked the opening of Flexjet House, a global experience center and office in London’s Mayfair district, for what the company called “an integral step in Flexjet’s European expansion.”
At the same time, Flexjet announced Marine Eugène, former head of sales in Europe for NetJets, has joined its team as European Managing Director. Travel to, from and within Europe jumped 44% this year.
In a press release, it noted, “Eugène is among an increasing number of former NetJets executives deciding to join Flexjet in its reinvention of the private aviation industry.”