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.
After guaranteeing Wifi on super mids last year, Sentient is expanding connectivity
The jet card inventor will launch transatlantic fixed one-way pricing with guaranteed availability
Aircraft specific jet cards are coming in 2020
Directional Aviation’s jet card provider Sentient Jet is celebrating its 20th anniversary. And it has some of its most significant program changes.
In an interview with Private Jet Card Comparisons during Corporate Jet Investor in Miami, CEO Andrew Collins outlined several key updates.
Top of the list is expanding guaranteed Wifi, fixed rates and guaranteed availability for transatlantic flights, and aircraft specific programs.
One thing you probably won’t be seeing from Sentient is jet sharing, according to Collins.
Light Jet, Large Cabin Jet, Turboprops, or specific types such as the Embraer Phenom 300?
Your guide to finding the perfect cabin category, or private jet (and turboprop) specific Jet Card for your needs
Jet cards are the fastest-growing segment of private jet charter. Over the past decade the number of companies offering jet memberships more than doubled.
Private Jet Card Comparisons has cataloged over 55 providers, including all the key players such as NetJets (both Elite and Marquis Jet card), Flexjet, Sentient, Wheels Up, Delta Private Jets, JetSuite, Jet Linx, VistaJet, PJS Group, Magellan Jets, and XO. In total, there are more than 300 programs so you can find the right one.
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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’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.