Flexjet, Sentient Jet acquire another helicopter operator

Flexjet Sentient Jet Flex Jet

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.

Why Flexjet decided to launch Europe during a pandemic

Flexjet Europe

Flexjet Europe managing director Marine Eugene tells the story behind Flexjet’s surprise decision to move forward with its launch last year

One of private aviation’s worst kept secrets was Flexjet’s planned entrance into Europe last May at the annual European Business Aviation Conference and Exhibition held annually in Geneva. Expectations were a big party and lots of festivities. For Flexjet, it was to be an important step in its never-ending battle with market leader NetJets.

Inside Kenn Ricci’s Directional Aviation private jet empire

Kenn Ricci Flexjet Sentient Jet PrivateFly

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.

NetJets’ earnings fall on a 27% decline in flight hours

NetJets

Berkshire Hathaway’s Service group, which houses NetJets and Flight Safety, saw revenues drop by $1.15 billion (8.5%) in 2020 compared to 2019. Pre-tax earnings decreased $81 million (4.8%)

The world’s largest private jet operator, NetJets, Inc., saw a drop in flight hours and pre-tax earnings, according to Berkshire Hathaway’s 2020 annual report, released today.

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