Jets.com buys Part 135 charter operator to support jet card program

private jet at airport

The ownership of jet card broker Jets.com is buying Pittsburgh Jet Center, with plans to double its private jet charter fleet in the coming year

The ownership group of jet card broker Jets.com is buying charter operator Pittsburgh Jet Center. It will be named Private Jet Center and provide lift for the New York-based retailer’s customers with an expanding managed fleet. It will also provide a funnel for Jets dot come customers who want to move to whole aircraft ownership.

Latin American private aviation marketplace Flapper raises $2 million

Flapper raises $2 million

Flapper has 550 private aircraft on its charter platform, roughly 55% of the Latin America fleet. It estimates the Latam charter market’s size to be $2 billion

Latin American on-demand private jet charter platform Flapper announced a $2 million Series A investment, led by the aerospace-focused fund, Confrapar. Other participants included the crowdfunding platform SMU and an angel investor group, Investidores.VC. Foreign and local investors, including three undisclosed air taxi companies, also participated in the round. The company has previously raised $1 million in Seed funding, led by Confrapar and ACE, Brazil’s largest accelerator.

Vista Global buys charter broker Apollo Jets, private jet operator Talon Air

Thomas Flohr

XO and VistaJet parent Vista Global Holding is acquiring on-demand private jet charter broker Apollo Jets and Part 135 operator Talon Air

Talon Air is the 14th largest charter operator in the U.S. It expands Vista Global into aircraft management

In 2018, it bought XOJET. JetSmarter came in 2019. Last year Dubai-based holding company Vista Global Holding snapped up Red Wing Aviation. Now the parent of VistaJet is acquiring on-demand charter broker Apollo Jets. It is also gaining 49% of Apollo’s 70% interest in Part 135 operator and management company Talon Air. The latter is the 14th largest U.S. charter operator based on flight hours, according to Argus TRAQPak.

Wheels Up’s SPAC reveals revenue, profitability, membership, fleet size and more

Wheels Up Cares fleet

Wheels Up ended 2020 with 10,995 active members and $690 million in revenues. It’s forecast to reach $912 million this year

Will Wheels Up be the first private jet company with its own co-branded credit card?

The private aviation company sees a future for the Wheels Up brand in luxury lodging, yachts, and experiences to credit cards and financial services

Wheels Up is going public via a SPAC. It’s provides a rare look into the world of private jet companies, which are either privately held or subsidiaries of large publicly traded companies, with limited public data.

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