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Directional Aviation’s OneSky Flight continues its European product expansion with the debut of Light Jet Card Plus by PrivateFly. Earlier this month it launched Aviator, a dynamic pricing membership option.
OneSky’s PrivateFly has launched a dynamic pricing membership program, adding to its line-up of on-demand charter, jet cards, and City Pair fixed-route pricing.
Flexjet has opened an operations center in Malta while earning an air operators certificate – AOC – from the European nation. It comes as it adds an Embraer Legacy 500 under the new registration.
What a difference a year and a couple of months make. Fitch Ratings has upgraded OneSky Flight’s Issuer Default Rating (IDR) to ‘B’ from ‘B-. Fitch also upgraded the company’s senior secured term loan to ‘BB-‘/’RR2’ from ‘B’/’RR3’. The Rating Outlook is Stable. OneSky is a unit of Directional Aviation. Its private aviation brands include Flexjet, Sentient Jet, FXAIR, PrivateFly, and Halo. In April 2020, Fitch had downgraded OneFlight citing, “the effects of a global drop in demand related to the coronavirus pandemic.”