On-demand private jet charter broker Victor has raised $18 million from BBA Aviation, BP Ventures and existing shareholders
Following Victor’s BP Ventures-led Series B investment round of $20 million in September the company is back raising more money, including the creation of a new corporate umbrella that will be known as Alyssum Group Ltd. Victor said it will now which pursue an “acquisitive strategy within general aviation sector,” according to a press release received by Private Jet Card Comparisons. It said this new money signals closure of the Series B process as Alyssum Group gears up for planned Series C investment round in mid-2018. Victor Founder & CEO Clive Jackson appointed Group Chief Executive of Alyssum Group.
Over 1,000 private jets are expected to land in Minneapolis for Super Bowl LII and providers are rolling out the red carpet for their customers
Jet Card seller Air Partner is using its partnership with travel agency and concierge service Quintessentially to offer clients and late planners the ability to see Super Bowl LII in style.
From big players such as Warren Buffett’s NetJets, the largest operator of private jets in the world, to boutique brokers, the number of companies selling Jet Cards has grown more than 100% in the past decade
In the past 10 years the number of companies selling jet cards has more than doubled. Perhaps that’s because once you find a program that fits your unique flying needs, jet cards make private flying easy – as little as one phone call or tapping your app. Private Jet Card Comparisons provides detailed comparisons of more than 250 jet card programs by over 65 variables, each of which may influence the offering that is best for you.
The Florida-based Jet Card seller is reducing its Heavy Jet 50-hour Jet Card program by $1,000 per hour for purchases through the end of February
If you are looking for a Heavy or Large Jet Jet Card solution, Ft. Lauderdale-based Velocity Jets is offering a 50-hour Cet Card for $456,875 and that includes 7.5% Federal Excise Tax (FET) through February. Normal FET inclusive cost is $510,625, according to the comparison data compiled by Private Jet Card Comparisons for paid subscribers. Hourly rate, excluding FET, is reduced from $9,500 to $8,500 providing a $1,000 per hour savings.
Surf Air, JetClass and JetSmarter are expanding their European private jet footprint and may be joined by Wheels Up and others
Surf Air is adding Sion in Switzerland to its current schedule from London City Airport to Zurich. The service will be twice per week in each direction and represents what so far has been a somewhat zigzagging path since its launch last Summer between seasonal destinations and expectations for expansion on key business routes.
Industry icon Kenn Ricci’s Directional Aviation is majority owner of Flexjet, Sentient Jet, Skyjet, Nextant Aviation and has been a force behind next-generation supersonic flying
The Living Legends of Aviation has renamed its award honoring aviation entrepreneurs for their lifetime achievements to be the Kenn Ricci Lifetime Aviation Entrepreneur Award after past winner and founder of Directional Aviation, the parent of companies including Flexjet, Sentient Jet, Skyjet, Nextant Aerospace and Constant Aviation. The Living Legends of Aviation was created to honor accomplished men and women in aviation and to support the Kiddie Hawk Air Academy, which is dedicated to introducing, educating, and sparking children’s interest in aviation.