Flexjet CEO Mike Silvestro discusses the company’s recent Gulfstream order and how the decline in jet fuel prices is affecting business. He speaks with Bloomberg’s Pimm Fox on “Taking Stock.”
CNBC interviewer Phil LeBeau sits down with Kenn Ricci during Squawk Box to cover the newly unveiled Gulfstream aircraft and discuss a few of the market drivers for corporate jet travel.
Gulfstream Aerospace Corp. confirmed plans for a pair of new business jets dubbed the G500 and G600, adding to an already crowded field of competitors trying to capitalize on a nascent resurgence in the demand for large private planes.
Flexjet LLC today announced a relationship with Gulfstream for up to 50 aircraft including the new Gulfstream G500TM, for which Flexjet will be the North American launch customer and sole and exclusive fractional provider offering access to the aircraft.
The Flexjet sale includes orders and options for up to 50 G450s, G500s and G650s along with a long-term support agreement.
