News

A group of investors led by a LVMH-linked private equity firm is investing $800M in private jet operator Flexjet, according ...
The investment, the largest of its type in private aviation history, doesn't make Flexjet part of the LVMH family. But it ...
Largest Equity Investment Ever Committed to a Private Jet Travel Provider •Strategic Relationship with L Catterton, an ...
Private jet operator Flexjet, a key U.S. customer of Embraer , suggested on Thursday it would stand by a record deal with the ...
LVMH affiliate provides Flexjet with private aviation’s ‘largest ever’ equity investment A consortium of investors led by L ...
According to Jefferies Group, the investment marks the largest-ever equity fundraise in the private aviation space. The ...
Flexjet said on Monday it had raised $800 million in a funding round led by L Catterton, a private equity firm backed by LVMH, valuing the U.S. jet operator at $4 billion just a couple of years after ...
The deal highlights the luxury industry's rapid expansion into the experience economy as wealthy consumers increase spending on travel, dining and events.
Biggest rival to NetJets valued at $4bn in $800mn round as it seeks to tap booming demand from young super-rich ...
KSL Capital Partners and J. Safra Group also backed the equity investment in Flexjet.
As Flexjet looks to make its transition to a publicly traded company later this year through a SPAC merger, it is upping its focus on providing high-touch service and eye-catching cabin design ...
Flexjet is an 18-year-old subsidiary of Canada’s Bombardier, the world’s largest business-aviation manufacturer. Its customers include entrepreneurs, Fortune 100 CEOs, ...