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.
After the announcement that Kenn Ricci’s Directional Aviation had acquired PrivateFly, we had some questions, and here are the answers
After Wednesday’s announcement that Directional Aviation’s OneSky LLC was adding PrivateFly to Flexjet, Sentient Jet and Skyjet, Private Jet Card Comparisons emailed some additional questions. Below are the answers collectively from PrivateFly co-founders Adam Twidell and Carol Cork, as well as Andrew Collins, the President of OneSky’s on-demand private jet charter organization Skyjet in addition to jet card provider Sentient Jet.
The deal by the parent of Flexjet, Sentient Jet and Skyjet expands Directional Aviation’s global reach and doubles down on its online on-demand private jet charter business
OneSky, LLC, part of Directional Aviation and home to Skyjet, Sentient Jet and Flexjet, today announced it has acquired U.K.-based PrivateFly, a leading global digital booking service for private jet charter flights. According to a press release, PrivateFly is expected to combine with Skyjet, OneSky’s existing brokerage group and a pioneer in aviation technology for more than 20 years. The goal is to create one of the world’s largest online booking platforms for private jet charter, one with a robust digital platform and a physical geography and assets tailored for countries on four continents.
The company was founded by former RAF and private jet pilot Adam Twidell and his wife Carol Cork, a former executive with Conde Nast
With total funding of just £2 million and revenues today of over $30 million, PrivateFly snagged the number two spot on Crunchbase’s list of “50 Successful Companies with Minimal Funding.” PrivateFly sells jet cards and on-demand charter and has been expanding its U.S. presence with its takeover last year of Bird Dog Jet.
When is a jet card not a jet card? When it’s a turboprop or piston aircraft – which for shorter flights might be the perfect solution
The number of jet card programs and providers has more than doubled in the past 10 years in large part because card memberships are the easy way to charter an aircraft – as close to that tap and go Uber analogy many like to use as you can get. What’s more, you can buy jet cards in chunks ranging from five hours up to 100 hours, so you don’t have the three to five-year commitment of buying a fractional aircraft share. Of course, the trick is finding the right program for your needs, and while many programs offer all sizes and shapes of jets, not all programs off turboprop or piston solutions.