Business Wire

Flexjet to Expand International Operations Led by Industry Veteran Raymond Jones

Del

Flexjet LLC, offering travelers access to the world’s most luxurious fleet of private jets, today disclosed additional details of its planned international expansion. Through a fleet of U.S. and European-based aircraft, Flexjet will provide point-to-point global travel capabilities for Flexjet Owners. In addition, international private jet travelers will soon be able to participate in Flexjet programs providing them with access to some of the world’s most desirable private aircraft as well as Flexjet’s renowned levels of service.

This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20160522005055/en/

Michael Silvestro, left, Chief Executive Officer of Flexjet, and Ray Jones, right, Managing Director ...

Michael Silvestro, left, Chief Executive Officer of Flexjet, and Ray Jones, right, Managing Director International at Flexjet, announced their international expansion plans on the eve of EBACE 2016. (Photo: Business Wire)

Flexjet’s European operations will come via an acquisition of a company with an existing operating certificate. A letter of intent has been signed and a purchase is expected to close later this year, with the first European-based aircraft to be in operation by year’s end.

London-based Raymond Jones, recognized for his accomplishments as a Senior Vice President of sales with Bombardier, will spearhead international operations as Flexjet’s Managing Director –International. Jones is a former Royal Air Force Squadron Leader and holds a Master’s degree in Air Transport Management from City University, London. Jones became familiar with Flexjet when it was owned by Bombardier. In 2013, Flexjet was acquired by Directional Aviation, which was founded in 1981 and is home to the most respected portfolio of private aviation companies around the globe.

“We will serve the global marketplace with programs and services that are astutely tailored to the needs of private jet travelers, while also offering our North American base of shared aircraft Owners the ability to travel internationally without ever having to leave the Flexjet family,” said Flexjet Chairman Kenneth Ricci, who made the announcement in advance of the European Business Aviation Convention & Exhibition (EBACE). “Ray Jones’ all-encompassing knowledge of the international market will afford us a tremendous advantage as we establish a significant operation here in Europe.”

Jones said, “I have long admired Kenn Ricci’s vision for Flexjet’s expansion and am delighted to have the opportunity to lead the company’s international operations. Flexjet is making private jet travel between North America and the international domain more accessible than ever, and is introducing an unprecedented level of service quality into the market. I look forward to working with the superb team Kenn has assembled, internationally and in the U.S.”

Flexjet’s international operations under the direction of Jones will begin by:

  • Providing international travel solutions for U.S. shareowners: Increasingly, Flexjet’s North American Owners are using Flexjet’s growing fleet of long-range, large-cabin aircraft such as the Bombardier Global Express and Gulfstream G450 for transatlantic travel. Flexjet’s large-cabin aircraft will be augmented by the company’s European program of light-jet aircraft suited for regional point-to-point travel. The initial pan-European fleet of eight (8) aircraft will be based in London, Paris and two additional cities to be selected by year-end. The powerful pairing between long-range, large-cabin aircraft and light-cabin aircraft will allow North American owners to remain within the Flexjet family when traveling globally.
  • Creating unique travel solutions for international travelers: Continuing its heritage of tailored program solutions, Flexjet will offer premium on-demand and bespoke membership programs in Europe. These programs will target a per-mile cost comparable to turbo-prop and ultra-light jet European offerings. The highly efficient Nextant 400XTi has been selected as the model aircraft to achieve this mark. Access to a dedicated fleet of Nextant 400XTi aircraft is expected to be offered on a limited basis through select charter brokers.

    In addition, Flexjet will offer tailored international programs that appeal to a segment of the market looking to exit whole-aircraft ownership as well as users of charter services looking to transition to a more personalized offering.
  • Handcrafted European fleet of Nextant 400XTi aircraft: The Nextant 400XTi outperforms all other light jets in nearly every category with a 2,003-nautical mile (3,710 km) range and a cruising speed of 460 nautical miles per hour (740 km per hour). It also has a seating configuration that allows for the most legroom of any light jet in production. The Nextant 400XTi also boasts significantly reduced carbon emissions compared to other light jets and noise compliance that exceeds Stage IV requirements to make it the perfect aircraft for Flexjet Owners with European travel needs.

    Each handcrafted Flexjet Nextant 400XTi interior will feature a full refreshment center, fully enclosed aft lavatory, sofa and spacious club seating. Wi-Fi® connectivity will ensure nonstop productivity.

“Flexjet’s expanded global operations will offer a broad level of flexibility, choice and service that we feel will resonate well in this sophisticated marketplace,” added Ricci. “Our approach will establish Flexjet as a true international operator, providing Flexjet Owners with point-to-point access throughout the world.”

About Flexjet

Flexjet first entered the shared jet ownership market in 1995, and celebrated its 20th anniversary in May 2015. Flexjet offers shared jet ownership and leasing. Flexjet’s shared aircraft program is the first in the world to be recognized as achieving the Air Charter Safety Foundation’s Industry Audit Standard, and Flexjet is the first and only company to be honored with its 17th FAA Diamond Award for Excellence. Flexjet’s shared aircraft program fields an exclusive array of business aircraft—some of the youngest in the shared jet industry, with an average age of approximately six years—including their LXi Cabin Collection consisting of the Learjet 75LXi, Challenger 350, the Embraer Legacy 450, Global Express and the Gulfstream G450, G500 and G650, and the Aerion AS2 supersonic business jets. In addition, the overall jet collection includes the Embraer Phenom 300, Challenger 300 and Challenger 605. Flexjet is a member of the Directional Aviation family of companies. For more details on innovative programs and flexible offerings, visit www.flexjet.com or follow us on Twitter @Flexjet and on Instagram @FlexjetLLC.

Contact information

The Hubbell Group, Inc.
Nicholas Parmelee, +1 216-406-5602 (cell)
nparmelee@hubbellgroup.com
or
Flexjet
Raymond Jones
ray.jones@flexjet.com

Om Business Wire

Business Wire
Business Wire
24 Martin Lane
EC4R 0DR London

+44 20 7626 1982http://www.businesswire.co.uk

Business Wire, a Berkshire Hathaway company, is the global leader in multiplatform press release distribution.

Følg saker fra Business Wire

Registrer deg med din epostadresse under for å få de nyeste sakene fra Business Wire på epost fortløpende. Du kan melde deg av når som helst.

Siste saker fra Business Wire

The Brightline Initiative, Project Management Institute and The Boston Consulting Group Host The Economist Events for Davos Panel19.1.2018 21:13Pressemelding

The Brightline™ Initiative, a non-commercial coalition dedicated to helping organizations bridge the gap between strategy design and strategy delivery, along with Project Management Institute (PMI) and The Boston Consulting Group are hosting The Economist Events on the panel discussion, “The Business Case for Openness: Implementing Strategy in a Drawbridge up World.” This event marks Brightline’s debut at Davos. Dovetailing with the World Economic Forum’s overarching theme, “Creating a Shared Future in a Fractured World,” the discussion will address how business leaders can better adapt and implement strategies to promote openness and collaboration. PMI, a founding coalition member of Brightline, is particularly passionate about this topic, given the fact that they focus on collaborating with world-leading organizations to improve infrastructure initiatives in developing and mature communities around the world. “Today the challenges to sustainable growth through strategy implementation

New US Patent for Solidia Technologies’ CO2-cured Concrete Advances Performance and Sustainability of Building Materials19.1.2018 18:07Pressemelding

The U.S. Patent and Trademark Office issued a patent for the structure of CO2-cured Solidia Concrete™, advancing the performance and sustainability of materials available to the global construction and materials industries. Solidia Technologies® holds the exclusive licensing rights to the patent, which is held by Rutgers University, where the original generation of the material was invented. This press release features multimedia. View the full release here: http://www.businesswire.com/news/home/20180119005608/en/ Solidia Concrete™ pavers. (Photo: Business Wire) U.S. Patent No. 9,868,667, "Bonding Element, Bonding Matrix and Composite Material Having the Bonding Element and Method of Manufacturing Thereof," covers the composition of matter of the non-hydraulic concrete. “The hydrate bonds in conventional concrete can compromise that material’s strength and durability,” explained Solidia Chief Technology Officer Nicholas DeCristofaro, Ph.D. “With CO2-cured concrete, bonding elements bas

Schlumberger Announces Full-Year and Fourth-Quarter 2017 Results19.1.2018 12:00Pressemelding

Schlumberger Limited (NYSE:SLB) today reported results for full-year 2017 and the fourth quarter of 2017. Full-Year Results (Stated in millions, except per share amounts) Twelve Months Ended Change Dec. 31, 2017 Dec. 31, 2016 Year-on-year Revenue $30,440 $27,810 9% Pretax operating income $3,921 $3,273 20% Pretax operating margin 12.9% 11.8% 111 bps Net loss (GAAP basis) $(1,505) $(1,687) n/m Net income, excluding charges and credits* $2,085 $1,550 35% Diluted EPS (loss per share) (GAAP basis) $(1.08) $(1.24) n/m Diluted EPS, excluding charges and credits* $1.50 $1.14 32% *These are non-GAAP financial measures. See section below entitled "Charges & Credits" for details. n/m = not meaningful Full-year 2017 revenue of $30.4 billion increased 9% year-on-year. This included a full year’s activity from the acquired Cameron businesses as compared to three quarters of activity in 2016. Excluding the addition of Cameron, revenue growth was driven by land activity in North America, which increa

The Coca-Cola Company Announces New Global Vision to Help Create a World Without Waste19.1.2018 11:55Pressemelding

The Coca-Cola Company announced today that it is fundamentally reshaping its approach to packaging, with a global goal to help collect and recycle the equivalent of 100% of its packaging by 2030. This press release features multimedia. View the full release here: http://www.businesswire.com/news/home/20180119005104/en/ In 2017, employees from Heartland Coca-Cola Bottling Co. joined with other volunteers in St. Louis to collect and sort 14,480 pounds of debris; 63 percent was diverted for recycling. Coca-Cola then partnered with manufacturer Phoenix Technologies to convert plastic bottles into recycled PET plastic for use in new bottles. (Photo: Business Wire) This goal is the centerpiece of the Company’s new packaging vision for a World Without Waste, which the Coca-Cola system intends to back with a multi-year investment that includes ongoing work to make packaging 100% recyclable. This begins with the understanding that food and beverage containers are an important part of people’s m

Researchers and Scientists from Five Countries Named Winners of King Faisal Prize 201819.1.2018 10:33Pressemelding

Five researchers and scientists from Malaysia, Jordan, Tunisia, the US and the UK have been named winners of the King Faisal Prize 2018 as the 40th edition of the renowned award recognized their distinguished contributions towards humanity. The Prize honours exceptional achievements in five categories: Service to Islam, Islamic Studies, Arabic Language & Literature, Medicine, and Science. This press release features multimedia. View the full release here: http://www.businesswire.com/news/home/20180119005245/en/ His Royal Highness Prince Khalid Al-Faisal, Chairman of King Faisal Prize Board, Abdulaziz (Photo: AETOSWire) Professor Irwandi Jaswir, Deputy Dean of the International Institute for Halal Research and Training (INHART) and Secretary of Council of Professors at the International Islamic University Malaysia (IIUM), has been named the winner in the Service to Islam category for contributions to the development of ‘Halal Science’ and Halal food and consumer goods. Professor Bashar

E.ON Chooses Corinex Broadband over Powerline Technology for their Smart Metering Rollout19.1.2018 06:00Pressemelding

E.ON, an international energy company that serves 32 million customers across multiple countries, has decided to use broadband over powerline (BPL) as the key technology in their communication mix, in the smart metering communication infrastructure for the low voltage part of their grid. E.ON chose Corinex as the solution provider for the initial two years of the deployment. The initial deployment will be several ten thousands of repeaters and head ends providing secure communication for a couple of hundred thousands of households. Corinex Grid Value network management based on IBM Tivoli platform will manage the network. “After extensive field trials, we found that Corinex broadband over powerline technology meets our requirements for mass rollout of smart metering services. We are convinced BPL is ideally suited to address the needs of many other utilities, so E.ON is interested in supporting BPL industry standardization in order to create a broad ecosystem of silicon and system vend

I vårt presserom finner du alle våre siste saker, kontaktpersoner, bilder, dokumenter og annen relevant informasjon om oss.

Besøk vårt presserom