Tag: Kenn Ricci

Otto Aerospace passes Phantom 3500 preliminary design review

Last year, Flexjet ordered 300 of the new-design Phantom 3500s from Otto Aerospace for its fractional private jet flight program.

May 18, 2026

Flexjet plans to announce 'new fleet type' in 'coming weeks'

The new fleet type for Flexjet could possibly be a successor to its Gulfstream 450s or, based on its history, just about anything.

April 18, 2026

Flexjet's Kenn Ricci on Buffett, LVMH, Instagram and culture

Flexjet's Ricci on why LVMH was attracted to his company and how Warren Buffett helped get him started in a wide-ranging keynote talk.

March 26, 2026

Flexjet, Honeywell lawsuit exposed the problem, but hasn't solved it

$30 million in legal fees, years of litigation, and a billion-dollar settlement, Flexjet's Ricci says, customers must now come before profits.

January 28, 2026

Flexjet, Honeywell reach agreement to resolve billion dollar lawsuit

Flexjet says its settlement with Honeywell will yield over $1 billion in cash considerations and service credits.

January 22, 2026

Honeywell expects to pay $470 million to settle Flexjet lawsuit

Flexjet maintains it could be owed over $1 billion in damages, while Honeywell says it expects to pay $470 million as part of a settlement.

December 22, 2025

Flexjet sells 20 Challenger 300s to Baker Aviation

The sale by Flexjet is part of its fleet modernization following a $7 billion order with Embraer earlier this year that includes Praetor 600s.

December 5, 2025

Flexjet gains approval for Saudi Arabia domestic flights, expansion

Flexjet has become the second foreign private jet operator to be given authority to conduct domestic flights in Saudi Arabia.

December 2, 2025

Ricci family repurposes training aircraft, donates to Able Flight grad

An adapted aircraft for pilots with physical disabilities will be acquired by an Able Flight graduate for new pilots with disabilities.

November 25, 2025

Flexjet's Ricci established two endowments at Embry‑Riddle

The two gifts by Kenn Ricci and his family enable Embry-Riddle to address the industry's most important innovation challenges.

October 27, 2025

Make The Right Decision

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