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Largest Equity Investment Ever Committed to a Private Jet Travel Provider •Strategic Relationship with L Catterton, an ...
The investment, the largest of its type in private aviation history, doesn't make Flexjet part of the LVMH family. But it ...
The deal highlights the luxury industry's rapid expansion into the experience economy as wealthy consumers increase spending on travel, dining and events.
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 ...
LVMH affiliate provides Flexjet with private aviation’s ‘largest ever’ equity investment A consortium of investors led by L ...
A group of investors led by a LVMH-linked private equity firm is investing $800M in private jet operator Flexjet, according ...
KSL Capital Partners and J. Safra Group also backed the equity investment in Flexjet.
The crash was the deadliest US domestic plane crash in over two decades.
But he’s now grabbing the attention of investors due to the Flexjet SPAC IPO. This deal will value Flexjet at $3.1 billion, including debt, according to the press release by Directional Aviation. In ...
As Flexjet transitions to a publicly traded company later this year, it continues to unveil new eye-catching cabin designs, the latter meant to differentiate its aircraft interiors from the browns ...
For Flexjet—and, indeed, for the entire fractional-jet market—2007 was the peak. Cash was plentiful, and the use of private jets was at an all-time high.
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