Flexjet Plans SPAC IPO Valued at $3.1 Billion
The deal to take Flexjet public through a SPAC IPO is valued at $3.1 billion, which the company says is nearly 11 times the $288 million adjusted earnings expected for 2022.
The deal to take Flexjet public through a SPAC IPO is valued at $3.1 billion, which the company says is nearly 11 times the $288 million adjusted earnings expected for 2022.
Gear for Germany-based Lilium’s electric vertical takeoff and landing (eVTOL) production aircraft will allow pilots the option for short running landings in addition to vertical landings.
FlightSafety International partners with fractional aircraft ownership company NetJets and Germany-based Lilium to help train pilots to fly electric vertical takeoff and landing (eVTOL) air taxis.
If you’re on the hunt, there are plenty of things you need to consider before taking an offer.
Fractional aircraft ownership company NetJets has signed a memorandum of understanding (MOU) to buy 150 electric vertical takeoff and landing (eVTOL) air taxis from Germany-based Lilium (NASDAQ: LILM).
Embraer said it delivered 55 jets during the fourth quarter of 2021, including 39 business jets and 16 commercial models. Deliveries for the year totaled 141, of which 93 were business jets and 48 were commercial aircraft. During the fourth quarter, Embraer and NetJets Inc. entered an agreement for up to 100 Phenom 300 jets […]
NetJets Inc., the largest fractional-ownership fleet in the world, has signed a deal with Embraer for 100 Phenom 300s. The order, worth in excess of $1.2 billion, includes a comprehensive services agreement. WE FLY: Embraer Phenom 300E “We are pleased to have signed this significant deal with NetJets, as our strategic partnership has been an […]
Sustainability in aviation forms a central pillar to an increasing number of operators in the GA industry. Two major business aviation stalwarts have made recent announcements regarding their current actions and forward-looking plans to achieve company goals in this critical area. NetJets has purchased a stake in WasteFuel, a business centered around converting landfill waste […]
A sustainable aviation fuel adoption initiative, Signature Renew, joins together Signature Flight Support, Neste, and NetJets in a bid to advance towards the goal of net-zero-carbon emissions in business and general aviation. Signature launched the program on September 11 to double-down on its effort to provide SAF to aircraft across its network. Signature has already […]