Flexjet, LLC Asset Profile

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Year established

1995

Location

Cleveland OH US

Primary Industry

Aerospace

About

Founded in 1995 and based in Ohio, US, Flexjet, LLC (Flexjet) operates as a subscription-based private aviation company that offers fractional jet ownership and leasing services. Eldridge Industries acquired Flexjet, LLC. In October 2022, Flexjet, LLC agreed to merge with Horizon Acquisition Corporation II. The transaction will value Flexjet, LLC, at approximately USD 3.1 billion. As of 2022, the company is led by its Chairman, Kenneth Ricci, with over 3,100 employees and operates in nine office locations in the United States, United Kingdom, and Italy. The company offers a fleet of 250 aircraft and helicopters that includes the Phenom 300, midsize aircraft, Praetor 500, Challenger 350, Gulfstream G450, Gulfstream G500, Gulfstream G650, Gulfstream G700, and Sikorsky S-76. The company has partnered with companies like Bombardier, Gulfstream, and Embraer to provide these aircraft through fractional ownership and leasing along with safety and service planning solutions. Following the October 2022 acquisition, the company plans to get listed on the NYSE under the ticker symbol, FXJ.

Current Investors

Eldridge Industries

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Primary Industry

Aerospace

Sub Industries

Equipment Rental & Leasing, Facilities & Maintenance Services, Aerospace

Website

www.flexjet.com

Company Stage

Buyout

Total Amount Raised

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