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.
Flexjet LLC has been awarded the Federal Aviation Administration (FAA) Diamond Award for Excellence for the 18th consecutive year, according to a press release.
Less than three years after acquiring fractional aviation provider Flexjet from Canadian aircraft manufacturer Bombardier and positioning it as a luxury entrant alongside its existing subsidiary Flight Options, which it focused on selling fractional shares of used jets, Cleveland-based Directional Aviation is planning to phase out the latter brand and focus on the former’s Red Label service, introduced last year.