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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