As airlines cut flights to regional airports, private jets are filling the gap, more travelers are steering clear of commercial. (Source: Forbes)
Flexjet is expanding its longstanding relationship with University Hospitals (UH) by supporting the Pet Pals Program. Highly trained facility dogs were flown aboard a Flexjet Praetor 500 to their assignments comforting children and adults undergoing highly stressful medical treatments. (Source: Private Jet Card Comparisons)
One possible antidote to commercial aviation’s mass cancellations, interminable delays, widespread staff shortages and violent outbursts by unruly passengers is the relative calm of flying private, a sector that has boomed during the pandemic. (Source: Washington Post)
Furthering its relationship with University Hospitals (UH), private lift solutions provider Flexjet recently transported a team of emotional support dogs and their handlers to Cleveland, where the two golden retrievers, Loki and Natasha, will join the UH Cleveland Medical Center staff. (Source: AIN)
Food wars take on a new meaning at 45,000 feet when Michelin-starred restaurants pair up with jet firms to offer a fresh, new take on high-altitude cuisine. (Source: Robb Report)
Subscription-based jet company Flexjet Inc. said it has struck a deal to go public through a merger with a special-purpose acquisition company that would value the combined entity at about $2.6 billion. (Source: The Wall Street Journal)
Northeast Ohio is getting a new public company. Private jet service Flexjet Inc. of Richmond Heights on Tuesday morning, Oct. 11, announced it plans to go public via a merger with blank-check firm Horizon Acquisition Corp. II (NYSE: HZON) in a deal that will value the combined company at about $3.1 billion. (Source: Crain’s Cleveland Business)
The leading rival to the Warren Buffett-backed NetJets is planning to go public in a SPAC deal led by Todd Boehly, the US financier who owns the Chelsea football and Los Angeles Dodgers baseball clubs. (Subscription Required) (Source: The Financial Times)
Directional Aviation will combine its OneSky Flight unit, which includes fractional share operator Flexjet, jet card seller Sentient Jet, two on-demand charter brokers, aircraft management and maintenance, with Forbes 400 lister Todd Boehly’s ($5.3 billion, ranked 184) Horizon Acquisition Corporation II (NYSE: HZON) (Source: Forbes)
Flexjet, a large competitor to Warren Buffett’s subscription-based private aviation company NetJets, is raising cash and becoming a publicly traded company. The deal values Flexjet stock at about $2.6 billion, based on the roughly 263 million shares that will be outstanding after the transaction closes. (Source: Barron’s)
