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.

Jet Edge is targeting NetJets owners with $150 million from KKR

Jet Edge private jets

Jet Edge is rolling out its AdvantEdge aircraft management program nationally, including a tier specifically targeting fractional shareowners

Los Angeles-based Jet Edge plans to shake up the world of aircraft management, which it claims “lacks innovation.” Its rebranded AdvantEdge program, relaunched this morning, will fly on the back of a $150 million credit facility from KKR.

Jet Edge Partners joins International Aircraft Dealers Association

JetEdge Jet Edge private jet charter

The aircraft sales arm of top 10 charter operator Jet Edge has joined IADA, the trade group for sellers of private aircraft

Jet Edge Partners, the aircraft sales and acquisitions arm of Jet Edge International, has been designated as an accredited aircraft dealer by the International Aircraft Dealers Association.

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