Jet Edge expands fleet with $75 million from KKR

Jet Edge International

KKR has now invested $265 million in Top 10 charter operator Jet Edge in the past year

The new funds are being used for 20 additional large and super-midsize private jets

Charter operator Jet Edge International has raised an additional $75 million of funding from credit funds and accounts managed by KKR. The new funding expands KKR’s total credit and equity investments to $265 million over the past year. Last June, the private equity firm provided an initial $150 million credit facility.

Jet Edge breaks multi-million dollar ad campaign

Jet Edge Gulfstream

With KKR’s backing and a fast-growing fleet of large-cabin Gulfstream private jets, Jet Edge is promoting $36,500 coast-to-coast fixed-rates

Jet Edge is making a big move into building its direct-to-consumer business. It has launched a multi-million dollar ad campaign throughout the fourth quarter.

Jet Edge gains KKR $40 million preferred equity investment

Jet Edge International

KKR’s investment comes as Jet Edge reports jet card sales have surpassed $100 million

After providing $150 million in credit financing in June KKR has agreed to invest $40 million in preferred equity in Jet Edge International.

Jet Edge adds 27 Challenger 300/350/650s, Gulfstream G450s

Jet Edge International

In a market short of supply, Jet Edge International is adding 27 super-midsize and large cabin private jets that will be flying by December. Here’s how…

Charter operator Jet Edge International has used its $150 million war chest from KKR to quietly snap up 11 Bombardier Challenger 300 and 350 super-midsize jets, five Challenger 650s, and 11 large-cabin Gulfstream G450s. It is also finalizing an order for 15 to 20 new super-midsize and large jets. Deliveries will start at the end of next year.

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