Directional’s Ricci praises fractional, democratization for industry growth

Flexjet Sentient Jet Flex Jet

In a sharp elbows industry, Flexjet and Sentient chairman Kenn Ricci praises competitors for innovating and expanding the industry

Kenn Ricci, Principal of Directional Aviation, which includes Flexjet, Sentient Jet, FXAIR, and PrivateFly, praised innovations from competitors.

Jet Edge expands fleet with $75 million from KKR

Jet Edge International

KKR has now invested $265 million in Top 10 charter operator Jet Edge in the past year

The new funds are being used for 20 additional large and super-midsize private jets

Charter operator Jet Edge International has raised an additional $75 million of funding from credit funds and accounts managed by KKR. The new funding expands KKR’s total credit and equity investments to $265 million over the past year. Last June, the private equity firm provided an initial $150 million credit facility.

NetJets supports Ohio Air & Space Hall of Fame and Learning Center

clouds during sunset

NetJets is joining sister Berkshire Hathaway unit FlightSafety with a $225,000 donation that will unlock a $550,000 state matching grant

Two international leaders in flight – Ohio-based companies NetJets and FlightSafety International (FSI) – jointly announced a six-figure commitment to the non-profit Ohio Air & Space Hall of Fame and Learning Center (OAS) through an investment totaling $225,000.

HondaJet fractional operator Volato increases order; adds charter flights

HondaJet

Volato, which along with Jet It and Jet Token sells HondaJet shares, opens its fleet for on-demand charter flights

An in-depth analysis of Volato’s HondaJet pricing and costs and its target of fractional fleet Phenom 300 owners

Start-up fractional share seller Volato has increased its firm order for the popular HondaJet. The announcement, made yesterday, firms up five options from its original order and adds 10 more.

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