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TPG Capital and Mubadala, two of the world's largest private capital investors, acquired XOJet in 2009. [18] [19] They shared a controlling interest in the company.[7]In February 2017, XOJET said it had retained Perella Weinberg Partners to explore financial options, including a possible sale or merger.On September 20, 2018, Vista Global (founded by Thomas Flohr in 2018 and the parent company ...
Private aviation and commercial aviation are not rigorously defined. In general, private aviation is regarded as flights that do not require a commercial pilot licence (CPL) or above. Some commercial activities do not require a CPL, for example in Europe a flight instructor may have a PPL. [2]
NBAA's public policy initiatives in 2018 centered on the organization's opposition to air traffic control privatization. [5] The matter was debated in 2018 as part of the U.S. Federal Aviation Administration's (FAA) congressional reauthorization process.
Flexjet is a provider of fractional jet ownership, leasing, and jet card services as well as private helicopter fractional, leasing and charter services. Directional Aviation, the private investment firm founded by aviation entrepreneur Kenn Ricci , has owned Flexjet since 2013. [ 2 ]
Over 2,000 Cessna CitationJets have been delivered, making it the most popular line of business jets. [1] View of the cabin, inside a business jet. A business jet, private jet, or bizjet is a jet aircraft designed for transporting small groups of people, typically business executives and high-ranking associates.
Unless you spend at least 150 hours a year flying, a private jet rental is probably a better option than buying — that way, you avoid many of the yearly maintenance fees private jets cost you.
By 2020, Vista acquired Red Wing Aviation, Apollo Jet, and Talon Air. [11] [12] In February 2022, Vista acquired Air Hamburg, the private jet operator with the highest number of flights across Europe. [13] [14] [15] In March, it acquired Jet Edge, a private aviation company based in North America, offering jet cards and charter flight services ...
Pacific Coast Jet LLC was formed in early 2006 in northern California with the goal of making private jet transportation affordable to executives, business owners and individuals who could not previously justify the expense of this convenience.