Private Jets Are Filling The Void As Airlines Cut Flights To Small Airports
As airlines cut flights to regional airports, private jets are filling the gap, more travelers are steering clear of commercial. (Source: Forbes)
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)