Flexjet Europe opens operations center in Malta

As Flexjet continues to expand in Europe, it has secured an air operators certificate from Malta and opened an operations center in the Mediterranean nation

Flexjet has opened an operations center in Malta while earning an air operators certificate – AOC – from the European nation. It comes as it adds an Embraer Legacy 500 under the new registration.

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.”

Embraer in talks to merge eVTOL Eve with SPAC backed by Flexjet boss

Flexjet Sentient Jet Flex Jet

After ordering 200 Eve eVTOLs for his OneSky Flight unit that includes Flexjet and Sentient, Kenn Ricci’s Zanite SPAC is in talks with Embraer to take the upstart OEM public, according to Bloomberg

One day after Bloomberg reported that Vista Global Holding is seeking to go public via a SPAC, the website says the principal behind another leading private aviation provider plans a similar move. According to undisclosed sources, Brazil’s Embraer SA is in talks with special purpose acquisition company Zanite Acquisition Corp to merge its Eve Urban Air Mobility unit. This month, OneSky Flight, which includes Flexjet, Sentient, PrivateFly, and FXAIR, ordered 200 eVTOLs from Eve for its newly launched Halo brand. Kenn Ricci heads both OneSky and Zanite.

Flexjet, Sentient parent OneSky orders 200 Embraer Eve eVTOLs

Eve eVTOL

The order follows Directional Aviation’s purchase of helicopter operators Associated Aircraft Group (AAG) and Halo Aviation, Ltd., both being rebranded as Halo

Flexjet and Sentient Jet customers could see benefits from Directional’s vertical strategy by the Fall

This morning, Directional Aviation’s OneSky Flight unit said it had ordered 200 eVTOLs from Embraer-backed Eve Urban Air Mobility Solutions. It continues a longstanding partnership with the Brazilian OEM. Flexjet uses the Phenom 300 as its light jet option. It has made the Praetor 500 and 600 the core of its midsize and super-midsize fleet.

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