Flexjet, Wheels Up, and Vista Global executives told the private jet conference there are no signs of demand waning
A line-up of CEOs and top executives with the major fractional private jet, jet card, and membership providers speaking last week at Jefferies Business Jet Summit continued their bullish outlook for private jet travel.
Following Directional Aviation’s announcement last week that it had acquired U.K.-based charter broker PrivateFly, its Flexjet subsidiary announced strong growth numbers
Flexjet LLC, a leading provider of fractional jet shares, leases, and jet cards said for the first half of 2018 fractional and lease sales increased 17% over the same period in 2017. The company said new business grew even more strongly, expanding by 76% year over year. More than half – 57% – of new customers came through referrals.
In 2021, OneSky Flight acquired helicopter operators in the U.S. and U.K. and rebranded them under Halo. OneSky also placed an order for 200 eVTOLs from Embraer-backed EVE. The goal is to create door-to-door private aviation solutions for customers of Flexjet and other OneSky brands.
Separately, a SPAC led by Ricci priced at $200 million launched on the NASDAQ in November 2020.