FlexJet SPAC Presentation Deck
An Established Platform in Industry Innovation to Meet Evolving Customer
Demands in the Ever-Changing Private Aviation Space
Backed by aviation entrepreneurs Kenn Ricci and Mike Rossi and the Flexjet team with 40+ years of experience in the industry, the family of brands represents a differentiated offering with the
strongest reputation across private aviation
▸ Strong focus on customer needs has resulted in an industry-leading operation
Culture of service excellence, operational efficiency and safety permeates across the entire portfolio of brands, creating a strongly positioned private aviation platform in the space
2008/2009: Directional
Aviation and partners
invest in Flight Options,
ultimately taking
majority control from HIG
Capital
Year:
2009
2010
2012: Directional Aviation acquires Sentient Jet, an asset-light
Jet card provider, from Macquarie, further diversifying the
Company's "storefront" offerings
SENTIENTJET
2013: Directional Aviation acquires Flexjet from Bombardier
for $185 million, ushering in the formation of Flexjet
FLeXJET
FLEXJET.COM
2011
2017: Opened White Plains, NY exclusive private
terminal and Palm Beach, Florida private airport
lounge
2017: Flexjet further invests into large cabin program
with arrival of Gulfstream G650 to fleet, and
launched new brand campaign to highlight
extraordinary relationship between pilot and
passenger
2018: OneSky becomes the first aviation provider to
remove a sitting pilot union through decertification
2012 | 2013 | 20
2014
2015 |
► 2015: Investment from institutional investor Eldridge
Industries supports growth
2015: Introduces Red Label offering which features the
youngest fleet in the industry, artisan custom interiors
and crews dedicated to a single aircraft
PRIVATEFLY
2018: Flexjet furthers reach into Europe through
Italian aircraft management company Sirio and UK
technology driven private jet charter broker PrivateFly
P
2016
39
SIRIO
► 2019: Flexjet announces $1.4 billion order from
Embraer Executive Jets including Phenom 300s,
Praetor 500s and Praetor 600s
Flexjet House opens in London's Mayfair district
FLEXJET
RED LABEL
2017
2018 2019
2016: Flexjet launches operations in
Europe through the acquisition of
Flairjet Limited, a UK based aircraft
management company
► 2016: Opened first Flexjet-exclusive
private terminal in Naples, Florida
2020
2020: Established FXAIR, an on-demand charter
company to further add to the Company's program
offering to a key segment of private aviation flyers
2021
► 2020: Flexjet launches Project Lift to ferry US-based
flight crews to and from their assignments. Additionally,
Flexjet takes delivery of its first Praetor 600, a flagship
aircraft in the EU fleet
2021: Flexjet acquires helicopter operators AAG in the
U.S. & Halo Aviation in the UK. Order announced for 200
Eve eVTOL Urban Air Mobility Vehicles. Achieves second
European Air Operator Certificate in Malta.
2022
Launch of
Gulfstream
G650 program
in EuropeView entire presentation