Flexjet Europe readies expansion with first Praetor 600

Flexjet Europe

Flexjet officially launches its fractional share program in Europe by taking delivery of its first super-midsize Embraer Praetor 600

Flexjet’s European arm has officially launched its fractional ownership program there. This week it is taking delivery of its first Praetor 600 super-midsize private jet. It is part of a US $1.4 billion order for Embraer Executive Jets that was announced in October 2019.

Exclusive: Flexjet sets 2021 Europe launch; Sentient Jet to add health and hygiene requirements for operators

Flexjet Sentient Jet Flex Jet

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.

Flexjet is ready to weather a downturn

Flexjet Mike Silvestro

Speaking on CNBC’s Squawk Box, Flexjet CEO Mike Silvestro said the fractional share, lease and jet card provider is ready for any potential storms, financial or in the skies

Flexjet’s CEO Mike Silvestro made an appearance yesterday on CNBC’s Squawk Box.

During a roundtable with the program’s hosts, he said the number two provider of private jet fractional shares and leases is ready for bad weather, both in the skies and on its balance sheet.

Flexjet orders $1.4 billion private jets from Embraer Executive Jets

Flexjet

Flexjet’s order includes 64 Praetor 500s and 600s, plus the best-selling Phenom 300

As it prepares its expansion into Europe, Directional Aviation’s Flexjet announced today it has placed a $1.4 billion firm order with Embraer Executive Jets for 64 of the Praetor mid-and super midsized aircraft and Phenom 300 light jets.

Embraer Executive Jets President and Chief Executive Officer Michael Amalfitano and Flexjet Chief Executive Officer Michael Silvestro made the announcement at the 2019 National Business Aviation Association Business Aviation Convention & Exhibition (NBAA-BACE) in Las Vegas.

Silvestro said the first Praetor 500 will enter its fleet in the next several weeks. He said Flexjet will announce at EBACE next year details on which aircraft will be based in Europe.

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