Kenn Ricci

Research Report with COVID-19 Forecasts- Air Charter Services Market 2020-2024 | Increasing Demand for Cargo Charters to Boost Growth | Technavio

Saturday, May 23, 2020 - 2:30am

Our air charter services market report covers the following areas:

Key Points: 
  • Our air charter services market report covers the following areas:
    This study identifies the introduction of membership programs as one of the prime reasons driving the air charter services market growth during the next few years.
  • Air Charter Services Market 2020-2024: Vendor Analysis
    We provide a detailed analysis of vendors operating in the air charter services market, including some of the vendors such as Air Charter Service Group Ltd., Air Partner Plc, Asia Jet Partners Ltd., ASIAN SKY GROUP, Delta Private Jets Inc., Flexjet LLC, Gama Aviation Plc, GlobeAir AG, NetJets Aviation Inc., and XO Global LLC.
  • Backed with competitive intelligence and benchmarking, our research reports on the air charter services market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.
  • Air Charter Services Market 2020-2024: Key Highlights

Flexjet Launches First-of-Its-Kind Crew Ferry Program to Limit Exposure of COVID-19 to Passengers and Flight Crews

Thursday, March 19, 2020 - 6:32pm

This unprecedented method of crew transport has been put in place to protect the health and safety of Flexjet Owners and flight crews during the ongoing coronavirus pandemic.

Key Points: 
  • This unprecedented method of crew transport has been put in place to protect the health and safety of Flexjet Owners and flight crews during the ongoing coronavirus pandemic.
  • The private flight provider is suspending reliance on commercial airlines for transporting their pilots to limit exposure to groups during the ongoing coronavirus pandemic.
  • (Photo: Business Wire)
    Historically, flight crews in both commercial and private aviation regularly have used commercial airlines to travel from their home base to reunite with their aircraft for their flight assignment, said Flexjet Chairman Kenn Ricci.
  • For more details on innovative programs and flexible offerings, visit www.flexjet.com or follow us on Twitter @Flexjet and on Instagram @FlexjetLLC .

 Constant Aviation is Treating the Entire Flexjet Fleet with MicroShield 360, First Aircraft Operator to Apply Antimicrobial Defense Fleetwide

Thursday, March 12, 2020 - 8:20pm

Constant Aviation , one of the countrys largest Maintenance, Repair and Overhaul businesses (MROs), announced today that Flexjet is the first aircraft operator to hire Constant Aviation to treat its entire fleet of more than 160 aircraft with MicroShield 360 an antimicrobial shield.

Key Points: 
  • Constant Aviation , one of the countrys largest Maintenance, Repair and Overhaul businesses (MROs), announced today that Flexjet is the first aircraft operator to hire Constant Aviation to treat its entire fleet of more than 160 aircraft with MicroShield 360 an antimicrobial shield.
  • Since becoming the only MRO certified to apply MicroShield to aircraft, we have applied the product to more than 40 aircraft via our MRO facilities and we are nearly finished applying MicroShield to the entire Flexjet fleet.
  • Constant Aviation is the only aircraft MRO licensed to apply the treatment in private and commercial airline aircraft cabins.
  • Flexjet will be the first in either commercial or private aviation to treat its fleet, which now includes more than 160 aircraft.

Flexjet Accepts First Delivery of the New Embraer Praetor 500 Just Weeks After Order

Monday, December 23, 2019 - 2:07pm

Flexjet is the fleet launch customer for the Praetor 500, expanding its fleet of superior midsized aircraft.

Key Points: 
  • Flexjet is the fleet launch customer for the Praetor 500, expanding its fleet of superior midsized aircraft.
  • View the full release here: https://www.businesswire.com/news/home/20191223005289/en/
    Flexjet, today announced its acceptance of its first delivery of the Embraer Praetor 500, part of a $1.4 billion order announced in October with Embraer Executive Jets.
  • Just weeks from announcing our order, the Praetor 500 is here to offer unparalleled speed, range and performance for its category to Flexjet Owners.
  • The Praetor 500 is the next generation of the Embraer Legacy 450, which Flexjet introduced to the market in 2016 and became a popular component of the premium Red Label by Flexjet offering.

CAE concludes 15-year exclusive business aviation training services agreement with Directional Aviation Capital affiliates and acquisition of 50 percent of SIMCOM

Tuesday, November 5, 2019 - 11:00am

In addition, DAC's affiliated business aircraft operators, which include Flexjet, Flight Options, Flairjet, Sirio, Nextant Aerospace and Corporate Wings have entered into a 15-year exclusive training services agreement with SIMCOM and CAE.

Key Points: 
  • In addition, DAC's affiliated business aircraft operators, which include Flexjet, Flight Options, Flairjet, Sirio, Nextant Aerospace and Corporate Wings have entered into a 15-year exclusive training services agreement with SIMCOM and CAE.
  • "Our partnership with Directional Aviation Capital and our investment in SIMCOM further strengthen CAE's position in the business aviation training market in support of the worldwide in-service fleet," said Marc Parent, CAE's President and CEO.
  • "We are very pleased to become the training partner of choice for Directional Aviation and its affiliates with our 15-year exclusive training services agreement.
  • Directional Aviation Capital is a private investment firm whose singular focus is private business aviation.

Flexjet Announces $1.4 Billion Aircraft Order from Embraer Executive Jets

Monday, October 21, 2019 - 7:03pm

Flexjet LLC , a global leader in fractional private jet travel, today announced that it has placed a $1.4 billion order with Embraer Executive Jets, a division of Embraer S.A. (NYSE: ERJ; BM&FBOVESPA: EMBR3), for the Praetor mid- and super midsized aircraft and Phenom 300 light jets.

Key Points: 
  • Flexjet LLC , a global leader in fractional private jet travel, today announced that it has placed a $1.4 billion order with Embraer Executive Jets, a division of Embraer S.A. (NYSE: ERJ; BM&FBOVESPA: EMBR3), for the Praetor mid- and super midsized aircraft and Phenom 300 light jets.
  • Embraer Executive Jets President and Chief Executive Officer Michael Amalfitano and Flexjet Chief Executive Officer Michael Silvestro made the announcement at the 2019 National Business Aviation Association Business Aviation Convention & Exhibition (NBAA-BACE) in Las Vegas.
  • The Praetors are the most technologically advanced and most disruptive aircraft, created to dominate the mid- and super midsized business jet market, said Embraer Executive Jets President and Chief Executive Officer Michael Amalfitano.
  • Embraer is one of the worlds leading executive jet manufacturers, having entered the business aviation market in 2000 with the Legacy jet, which led to the launch of Embraer Executive Jets in 2005.

Flexjet House Officially Opens in London’s Mayfair District

Friday, October 18, 2019 - 12:59am
Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20191016005310/en/
    Flexjet LLC, a global leader in fractional ownership and private jet travel, announces the opening of Flexjet House, a global experience centre and office in Londons Mayfair neighbourhood.
  • Celebrating with private aviation leaders at an opening reception were Flexjet Chairman Kenn Ricci (left), Flexjet CEO Michael Silvestro and Flexjet European Managing Director Marine Eugne (right).
  • This foundation, including our new Flexjet House in Mayfair, has us well-positioned to execute on a dynamic growth strategy.
  • The newly opened Flexjet House in London will allow prospective Flexjet Owners to gain a fuller sense of Red Label by Flexjet .

Announcing: The Flexjet Forum, A Series of In-Person Conversations with the World’s Most Influential People

Tuesday, October 1, 2019 - 2:07pm

Designed to be a series of intimate and meaningful conversations, Flexjet Forums take place at unique venues with some of the worlds most influential people.

Key Points: 
  • Designed to be a series of intimate and meaningful conversations, Flexjet Forums take place at unique venues with some of the worlds most influential people.
  • Guest speakers are selectively chosen for their accomplishments, expertise, insights and relevance to the interests of Flexjet Owners.
  • View the full release here: https://www.businesswire.com/news/home/20191001005333/en/
    President George W. Bush (Left) and Flexjet Chairman Kenn Ricci (Right) converse with each other and attendees of the inaugural Flexjet Forum.
  • For more details on innovative programs and flexible offerings, visit http://www.flexjet.com or follow us on Twitter @Flexjet and on Instagram @FlexjetLLC .

CAE to enter 15-year exclusive business aviation training services agreement with Directional Aviation Capital affiliates and acquire fifty-percent of SIMCOM

Thursday, August 29, 2019 - 9:49pm

In addition, DAC's affiliated business aircraft operators, which include Flexjet, Flight Options, Flairjet, Sirio, Nextant Aerospace and Corporate Wings will enter into a 15-year exclusive training services agreement with SIMCOM and with CAE.

Key Points: 
  • In addition, DAC's affiliated business aircraft operators, which include Flexjet, Flight Options, Flairjet, Sirio, Nextant Aerospace and Corporate Wings will enter into a 15-year exclusive training services agreement with SIMCOM and with CAE.
  • "We are very pleased that Directional Aviation has chosen CAE to be its training partner of choice.
  • Our investment in SIMCOM is another step in the expansion of CAE's business aviation training business that gives us access to a rapidly growing customer base as Directional Aviation affiliates' exclusive training partner for the next 15 years," said Marc Parent, CAE's President and CEO.
  • Directional Aviation Capital is a private investment firm whose singular focus is private business aviation.

Flexjet Receives FAA Diamond Award for Excellence in Aircraft Maintenance; Earns ARG/US Platinum Safety Rating

Tuesday, April 2, 2019 - 3:00pm

This marks the 20th consecutive year that Flexjet has been honored with the prestigious Diamond Award, more than any other private jet travel provider.

Key Points: 
  • This marks the 20th consecutive year that Flexjet has been honored with the prestigious Diamond Award, more than any other private jet travel provider.
  • Our aircraft maintenance team members have extraordinary skill and expertise, and they sustain this excellence through constant training.
  • Established in 1991, the FAA Diamond Award is the premier level of recognition within the William (Bill) OBrien Aviation Maintenance Technician Awards Program.
  • This commitment to aircraft maintenance and safety is reflected in the awards and certifications Flexjet continues to receive.