After CEO Mike Silvestro alluded to it during a Thursday morning interview with Yahoo Finance, Flexjet on Thursday confirmed it has a new, exclusive arrangement with Gulfstream that will add the G500 to its growing large cabin fleet.
Flexjet formally announced that the G500 entered its fleet on Thursday afternoon and said its agreement with the manufacturer grants it “exclusivity as the only fractional provider to receive delivery of new Gulfstream G500 and G700 aircraft.” The G500s will replace Flexjet’s approximately 30 G450s as its flagship large cabin airframe. They will be available to fractional owners through the provider’s Red Label by Flexjet program, which assigns flight crews to a single aircraft.
