Exclusive: Digital private jet broker Camber seeks investment, acquisition

low angle view of lighting equipment on shelf

Private jet charter broker Camber wants investment or to be acquired

The frenzied private aviation mergers and acquisitions market may be weeks away from another deal. Digital private jet charter broker Camber is exploring a transaction. CEO and founder Charles Denault confirmed the possibility to Private Jet Card Comparisons.

Fitch upgrades ratings for Flexjet, Sentient Jet parent OneSky Flight

Flexjet

Flexjet fractional share hours sold increased 35% in 2021 Q1

What a difference a year and a couple of months make. Fitch Ratings has upgraded OneSky Flight’s Issuer Default Rating (IDR) to ‘B’ from ‘B-. Fitch also upgraded the company’s senior secured term loan to ‘BB-‘/’RR2’ from ‘B’/’RR3’. The Rating Outlook is Stable. OneSky is a unit of Directional Aviation. Its private aviation brands include Flexjet, Sentient Jet, FXAIR, PrivateFly, and Halo. In April 2020, Fitch had downgraded OneFlight citing, “the effects of a global drop in demand related to the coronavirus pandemic.”

%d bloggers like this: