The past few years have not only been a sellers’ market for aircraft owners, they have also been a great time to sell aircraft operators. With demand for business jet charter at record levels and order books strong, buying a rival was the quickest way to boost supply. As with aircraft, the market has swung back. (Source: Corporate Jet Investor)
An expansion of Flexjet Innovation and Career Center at Embry-Riddle Aeronautical University’s Research Park has opened at the university’s Daytona Beach, Florida campus. Flexjet and Embry-Riddle launched the center in 2017 at the university’s John Mica Engineering and Aerospace Innovation Complex. (Source: AIN Online)
Flexjet, a Directional Aviation company, saw its fleet grew by 40% in 2022, which brings with it additional demands for maintenance. Integrating Constant, which is also a Directional Aviation firm, into Flexjet will help to address this, it said, adding a wide range of capabilites. (Source: Corporate Jet Investor)
Business aircraft MRO Constant Aviation is being folded into sister company Flexjet as the fractional provider’s in-house maintenance department. Flexjet noted that its fleet grew by 40 percent last year, bringing additional demands for maintenance services. Constant Aviation will continue to operate under its own brand name and provide maintenance services for both Flexjet and non-Flexjet-operated aircraft. (Source: AIN Online)
The 2023 Naples Winter Wine Festival does it again yet setting another new record high of nearly 26 million in support for at risk and underprivileged children in Collier County. One auction lot – which went for $650K included a Flexjet aircraft trip donation. (Source: Haute Living)
Fractional-jet-share provider Flexjet will open three more private terminals this year, bringing its total to eight in the U.S.
(Source: AIN Online)
Forbes.com notes Flexjet’s latest LXi interior is just a taste of what is in motion to step up the in-flight experience to even higher levels.
(Source: Forbes.com)
Although demand has stabilized to some degree, many who may have used private aviation once in a while in the past continue to fly privately with regularity as was seen over the recent holiday period. (Subscription Required) (Source: Financial Times)
