Ricci relievedopinion Alasdair Whyte 27 Jan 26 0Kenn Ricci is not particularly happy for someone who has just received $470m in cash (and another $575m in credit). The chair of Flexjet is… Read more
Ricci family sets up two innovation chairs at Embry-Riddle universitynews Mike Stones 27 Oct 25 0The Ricci family has endowed two faculty chairs, dedicated to innovation in aviation, aerospace or space, at Embry-Riddle Aeronautical University, Daytona Beach, Florida. The two… Read more
Flexjet places firm order for 300 Otto Aerospace aircraftnews Yves Le Marquand 30 Sep 25 0Flexjet has placed a firm order for 300 Phantom 3500 business jets with additional options from Otto Aerospace. The order marks Otto’s first fleet customer… Read more
Flexjet takes delivery of first Gulfstream G700news Alasdair Whyte 18 Sep 25 0Flexjet has taken delivery of its first Gulfstream G700. The fractional operator was a launch customer for the aircraft in 2019 when it ordered 16… Read more
Why LVMH likes Flexjetopinion Alasdair Whyte 25 Jul 25 0“Isn’t it nice not to be going through diligence?” It was the end of 2024 when Kenn Ricci, founder of Directional Aviation and chair of Flexjet,… Read more
Flexjet closes $800m investmentopinion Alasdair Whyte 21 Jul 25 0Kenn Ricci, chairman of Flexjet, referred to private equity as one of the “assassins killing business aviation” at our CJI Miami conference last November. To… Read more
Flexjet closes $800m investment with L Catterton, KSL and J Safranews Alasdair Whyte 21 Jul 25 0Flexjet has received $800m in equity from L Catterton, KSL and J Safra. L Catterton, the venture fund of LVMH, led the investment in the… Read more
Flexjet breaks ground on Scottsdale terminalnews Yves Le Marquand 23 May 25 0Flexjet yesterday broke ground on its newest private terminal at Scottsdale Airport in Arizona. Due to open in late 2026, the $36m facility will feature… Read more
Bombardier picks Honeywell engines for Challenger replacementopinion Alasdair Whyte 6 Dec 24 0One of the big advantages of settling a legal dispute outside court is confidentiality. Although this is a real shame for nosey observers. This week… Read more
Kenn Ricci on $175 turkey sandwichesopinion Alasdair Whyte 19 Nov 24 0Kenn Ricci is one of the most successful business aviation entrepreneurs. This success also gives him the freedom to ruffle feathers. He did this on… Read more
Frac to the futureopinion Alasdair Whyte 11 Nov 24 0Warren Buffett’s Berkshire Hathaway owns more than 70 companies. But after the global financial crisis, business aviation caused him more headaches than any other industry.… Read more
Flexjet to open new private terminal at Farnborough Airport in 2026news Terry Spruce 26 Sep 24 0Flexjet will open a new private terminal at Farnborough Airport slated to open in early 2026. The new facility will be separate from the current… Read more
New Wheels Up CEO, new Flexjet HQopinion Alasdair Whyte 18 Sep 23 0Last week was an exciting one for two of the largest operators. Kenn Ricci and his team got to celebrate their new headquarters. Wheels Up… Read more
Why would anyone want to list?opinion Alasdair Whyte 9 Aug 23 0It is just over two years ago since Wheels Up’s management team rung the bell at the New York Stock Exchange. The company started trading… Read more
Flexjet pulls out of planned public launchnews CJI Expert 12 Apr 23 0Flexjet has terminated its agreement with Horizon Acquisition Corporation II and will remain a private company. Read more
Flexjet to open three private terminals in USnews CJI Expert 16 Jan 23 0Fractional jet company Flexjet is set to expand its private terminal network in the US by opening three new terminals in Miami, Montana and Arizona.… Read more
Kenn Ricci: How new capital is reshaping business aviationnews Alasdair Whyte 12 Jan 23 0What an influx of new capital means for business aviation How ‘irrational’ capital can be lured by the ‘glamour’ of aviation The impact on smaller… Read more
Kenn Ricci plans to list FlexJet [NYSE: FXJ] with Boehlynews Alasdair Whyte 11 Oct 22 0Kenn Ricci, the founder of Directional Aviation, is arguably the most successful business aviation investor ever. But until last year when he launched a special… Read more
