After ordering 200 Eve eVTOLs for his OneSky Flight unit that includes Flexjet and Sentient, Kenn Ricci’s Zanite SPAC is in talks with Embraer to take the upstart OEM public, according to Bloomberg
One day after Bloomberg reported that Vista Global Holding is seeking to go public via a SPAC, the website says the principal behind another leading private aviation provider plans a similar move. According to undisclosed sources, Brazil’s Embraer SA is in talks with special purpose acquisition company Zanite Acquisition Corp to merge its Eve Urban Air Mobility unit. This month, OneSky Flight, which includes Flexjet, Sentient, PrivateFly, and FXAIR, ordered 200 eVTOLs from Eve for its newly launched Halo brand. Kenn Ricci heads both OneSky and Zanite.
Directional Aviation’s OneSky Flight, parent of Flexjet and Sentient, says it is targeting managed helicopter fleets, this time adding a U.K.-based operator
Flexjet, the second-largest fractional fleet operator, and sister Sentient Jet, a leader in jet cards, now have a second helicopter operator in the OneSky Flight portfolio. Halo Aviation Ltd., an operator in the United Kingdom, follows the acquisition earlier this year of Associated Aircraft Group (AAG). The latter operates Sikorsky helicopters in the Northeastern U.S.
Directional Aviation includes Flexjet, Sentient, FXAIR, PrivateFly, and more than a dozen private aviation B2B companies. Recently, its founder Kenn Ricci was the subject of an in-depth profile by Corporate Jet Investor. Here are the highlights…
Recently Corporate Jet Investor took a deep look at Kenn Ricci, the founder of Directional Aviation, home for a host of private aviation providers from consumer brands such as Flexjet, Sentient Jet, FXAIR, and PrivateFly to a host of B2B companies. Below is an excerpt of highlights reprinted with permission.
The Wheels Up move follows private aviation and eVTOL focused SPAC filings from Flexjet chairman Kenn Ricci, Surf Air, and Blade in recent months
This morning, a report from Reuters claims Wheels Up is in discussions with Aspirational Consumer Lifestyle Corp to go public through a merger with the SPAC blank-check acquisition company. The article said the deal could value the private aviation provider at “more than $2 billion.”
According to a Private Jet Card Comparisons’ analysis, Wheels Up is the second-largest operator of for-hire private aircraft behind NetJets with an estimated 8.3% of the market.