Michael Silvestro

Flexjet Expands European Fleet and Operation, Securing Air Operator Certificate (AOC) for Malta

Retrieved on: 
Wednesday, July 21, 2021
Aerospace, Legal, Manufacturing, Finance, Banking, Transportation, Professional services, Destinations, Travel, Other Transport, Fleet management, Air, Transport, Vacation, Automotive, Aviation, Human activities, Flexjet, Embraer Legacy 450/500 and Praetor 500/600, Air operator's certificate, Kenn Ricci, Michael Silvestro

Fractional fleet operator Flexjet, part of the Directional Aviation family, has been awarded an Air Operator Certificate (AOC) for Malta, as it continues to expand its European operation.

Key Points: 
  • Fractional fleet operator Flexjet , part of the Directional Aviation family, has been awarded an Air Operator Certificate (AOC) for Malta, as it continues to expand its European operation.
  • View the full release here: https://www.businesswire.com/news/home/20210721005342/en/
    Fractional fleet operator Flexjet, part of the Directional Aviation family, has been awarded an Air Operator Certificate (AOC) for Malta, as it continues to expand its European operation.
  • The new AOC gives Flexjet more operational reach as it extends its offering to a growing number of European Owners and premium programme clients.
  • The fractional fleet operator has selected an Embraer Legacy 500 as the first aircraft to operate under the new registration.

Flexjet Achieves Carbon-Neutral Flight Operations Through 4AIR Partnership

Retrieved on: 
Monday, May 17, 2021
Luxury, Women, MEN, Aerospace, Manufacturing, Consumer, Other Travel, Retail, Environment, Transportation, Travel, Other Transport, Other Energy, Finance, Consulting, Banking, Air, Alternative energy, Transport, Energy, Professional services, Michael Silvestro, Flexjet, Carbon neutrality, Kenn Ricci, Flexjet, the 4AIR Rating Program, 4AIR, FLEXJET, THE 4AIR RATING PROGRAM, 4AIR

Since January 2021, Flexjet has been purchasing credits to offset carbon emissions from all flights booked by its US-based Owners.

Key Points: 
  • Since January 2021, Flexjet has been purchasing credits to offset carbon emissions from all flights booked by its US-based Owners.
  • View the full release here: https://www.businesswire.com/news/home/20210517005282/en/\nFlexjet LLC, a global leader in fractional private jet travel, today announced that it has achieved carbon-neutral flight operations through its partnership with 4AIR, the first and only rating system focused on comprehensive sustainability in private aviation.
  • (Photo: Business Wire)\n\xe2\x80\x9cFlexjet has long been on the leading edge of applying innovation to its operations, and our partnership with 4AIR brings that same spirit to protecting the environment,\xe2\x80\x9d said Flexjet Chief Executive Officer Michael Silvestro.
  • In 2015, Flexjet introduced Red Label by Flexjet, which features the youngest fleet in the industry, flight crews dedicated to a single aircraft and the LXi Cabin Collection of interiors.

Private Jet Travel Takes Off This Holiday Season

Retrieved on: 
Friday, December 20, 2019
Retail, Luxury, Air, Transport, Vacation, Destinations, Travel, Aviation, Transport, Human activities, Flexjet, Charter airlines, Embraer Phenom 300, Fractional ownership of aircraft, Business jet, Bombardier Challenger, Embraer, Michael Silvestro, Berkshire Hathaway

Historically, private jet travel has increased in tandem with commercial traffic, as fliers turn to private jets to avoid the crowds, delays and lengthened travel times associated with the airlines.

Key Points: 
  • Historically, private jet travel has increased in tandem with commercial traffic, as fliers turn to private jets to avoid the crowds, delays and lengthened travel times associated with the airlines.
  • Flexjets fractional program fields an exclusive array of business aircraftsome of the youngest in the fractional jet industry, with an average age of approximately six years.
  • In addition, the overall jet collection includes the Embraer Phenom 300 and Bombardier Challenger 300.
  • For more details on innovative programs and flexible offerings, visit www.flexjet.com or follow us on Twitter @Flexjet and on Instagram @FlexjetLLC .

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

Retrieved on: 
Monday, December 23, 2019
Air, Transport, Aerospace, Manufacturing, Transportation, Travel, Aviation, Aircraft, Flexjet, Transport, Embraer, Business jet, Kenn Ricci, Michael Silvestro

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.

Flexjet Announces $1.4 Billion Aircraft Order from Embraer Executive Jets

Retrieved on: 
Monday, October 21, 2019
Air, Transport, Aerospace, Manufacturing, Transportation, Travel, Aircraft, Aviation, Transport, Flexjet, Embraer, Michael Silvestro, Business jet, Flairjet, Kenn Ricci, Flexjet, Embraer Executive Jets

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

Retrieved on: 
Friday, October 18, 2019
Luxury, Finance, Air, Transport, Professional services, Aerospace, Manufacturing, Transportation, Retail, Travel, Flexjet, Kenn Ricci, Michael Silvestro, Ricci, Economy of the United States, Business, Luxury, Finance, Air, Transport, Professional services, Aerospace, Manufacturing, Transportation, Retail, Travel, Flexjet, Kenn Ricci, Michael Silvestro, Ricci, Economy of the United States, Business

View the full release here: https://www.businesswire.com/news/home/20191016005310/en/

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 .

Flexjet Named Among Northeast Ohio’s Best Places to Work for the 16th Consecutive Year

Retrieved on: 
Wednesday, September 11, 2019
Transportation, Human resources, Travel, Professional services, Air, Transport, Flexjet, Michael Silvestro, ERC, European Research Council, Continents, Europe, Economy of the United States, the Employers Resource Council (ERC), Flexjet

Flexjet LLC , a leading global provider of fractional private jet ownership, announced that the Employers Resource Council (ERC) , the creators and producers of the 2019 NorthCoast 99 Awards Program, has honored Flexjet for the 16th consecutive year as one of the 99 best places to work in Northeast Ohio.

Key Points: 
  • Flexjet LLC , a leading global provider of fractional private jet ownership, announced that the Employers Resource Council (ERC) , the creators and producers of the 2019 NorthCoast 99 Awards Program, has honored Flexjet for the 16th consecutive year as one of the 99 best places to work in Northeast Ohio.
  • In addition, Flexjet was the first-ever winner of the Special Category Award for Diversity and Inclusion.
  • We use these principles to guide everything that we do, said Michael Silvestro, Flexjets Chief Executive Officer.
  • We attract and retain such outstanding workers by committing to make this an excellent place to work, a place where people want to give their best.

Flexjet to Expand Pilot Ranks by 25 Percent for Red Label Business

Retrieved on: 
Monday, May 21, 2018
Aviation, American Airlines Group, Aviation in Virginia, US Airways, LAN eXtensions for Instrumentation, Michael Silvestro

International Red Label demand was up 31 percent in 2017 compared to the previous year, and domestic Red Label demand increased 30 percent in 2017 year over year.

Key Points: 
  • International Red Label demand was up 31 percent in 2017 compared to the previous year, and domestic Red Label demand increased 30 percent in 2017 year over year.
  • As the company's premium offering, Red Label by Flexjet has proven to be extremely popular among both Owners and pilots.
  • Compensation for Red Label's highly trained and experienced pilots is so important to Flexjet that the company has fought in union contract negotiations for the right to increase Red Label Program salaries unilaterally.
  • In 2015, Flexjet introduced Red Label by Flexjet, which features the youngest fleet in the industry, flight crews dedicated to a single aircraft, and the LXi Cabin Collection of interiors.