Directional Aviation’s Kenn Ricci is launching Zanite Acquisition Corporation to target next-generation aviation acquisitions
Directional Aviation, which controls OneSky Flight, the company that acquired Flexjet, Sentient Jet, and PrivateFly over the past decade, is launching a Special Purpose Acquisition Company. The story was first reported earlier today by Corporate Jet Investor.
Ireland’s Donegal Airport has topped the private jet broker’s list for the third consecutive year
Donegal in Ireland has been named as the world’s most beautiful airport 2020 – for the third successive year as voted by over 6,000 flying fans. Voters praised Donegal’s “stunning varied scenery”, its “beautiful beaches in the vicinity of the airport” and the sweeping views of Mount Errigal and The Rosses on the approach.
PrivateFly, the poll’s organizer, is part of U.S.-based Directional Aviation whose portfolio includes Flexjet, Sentient Jet, FXAIR, Nextant Aerospace, among others.
The on-demand private jet charter broker is part of Directional Aviation’s OneSky group that includes Flexjet, Sentient Jet and PrivateFly
FXAIR says the on-demand private jet broker is meeting the expectations it set when it launched at the end of July. In its first month, the sister company to Flexjet, Sentient Jet, and PrivateFly said it arranged private jet charter flights to 125 destinations carrying over 800 passengers. It also signed up over 40 clients for its FXAIR Aviator membership program which entails a deposit of $100,000.
Private jet charter broker FXAIR revealed four of its five most popular holiday weekend destinations are in the mountains
FXAIR, Directional Aviation’s new on-demand private jet charter brand, says the mountains are in for the upcoming Labor Day holiday weekend.
65% of the upstart’s customers are new to private jet charter
During an interview on the Fox Business Channel, Andrew Collins, CEO of upstart FXAIR told the audience that two-thirds of its customers are new to the private jet charter market.
Despite consolidation, the 25 largest Part 135 and 91K operators account for only 25% of the U.S. private jet market
Why you won’t find Wheels Up when you look at lists of private aviation operators
Sizing the U.S. private jet market between Part 91, Part 91K fractional and Part 135 charter operators
8 of the 10 largest companies are led by the founder or family member
Here’s a big difference between the private jet market and the airlines. Just 10 airlines account for 90% of the domestic market for scheduled passenger traffic. Four companies – Delta Airlines, American Airlines, United Airlines, and Southwest Airlines – are responsible for two-thirds of U.S. flights.
Despite consolidation, business aviation remains fragmented. An analysis by Private Jet Card Comparisons of various reports from Argus TRAQPak and other data shows the 25 largest operators of charter and fractional fleets together account for just 25% of all U.S. flying.
FXAIR is the new premium ad hoc charter brand from Directional Aviation and will replace PrivateFly in the U.S.
17 Flexjet Bombardier Challenger 300s and Global Express XRSs will provide the backbone for the new private aviation provider
FXAIR is the new private aviation brand from OneSky Flight, LLC. The new on-demand charter broker promises a premium experience and perks not generally associated with ad hoc private jet rentals.