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Tag "Directional Aviation Capital"

Kenn Ricci: the investor

Kenn Ricci: the investor

Kenn Ricci is No. 1 on the Corporate Jet Investor Power List 2015. Kenn Ricci was 25 when he made his first aviation acquisition. Corporate Wings had a Piper Navajo with a Part 135 Certificate and an owner looking to

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Sentient Jet launches three holiday-themed jet cards

Sentient Jet launches three holiday-themed jet cards

Sentient Jet, a part of Directional Aviation Capital, is offering three new limited edition jet cards to tie in with the holiday season, beginning 24 November and running until the end of the year. Each card has its own winter

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Constant Aviation Las Vegas gains Mexican approval

Constant Aviation Las Vegas gains Mexican approval

The Constant Aviation Las Vegas facility is now able to service Mexican-registered aircraft. Constant Aviation, a Directional Aviation Capital company, has been endorsed by the Mexican Civil Aviation Authority as an approved aircraft maintenance organisation at its Las Vegas location.

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2013: A disappointing but fascinating year for new aircraft sales

2013: A disappointing but fascinating year for new aircraft sales

Despite the fact that new business jet buyers failed to return, it was a very interesting year for the industry with a number of new aircraft and company launches. The year 2013 was a disappointing one in terms of new

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Bombardier closes $195m sale of Flexjet to Directional Aviation Capital

Bombardier closes $195m sale of Flexjet to Directional Aviation Capital

Bombardier announces that the sale of Flexjet to a group led by Directional Aviation Capital has been completed. Bombardier has announced that it has closed the sale of Flexjet to Flexjet, LLC, a newly-created company funded by a group led

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Smart money returns to business aviation

Smart money returns to business aviation

Entrepreneurs like Vistajet’s Thomas Flohr are betting their on money on the chance that the business jet market will turn around very soon. Great news in Europe this month, as the number of business aviation movements increased in August for

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Directional Capital buys Flexjet: an unsually rational deal for buyer, seller and the industry

Directional Capital buys Flexjet: an unsually rational deal for buyer, seller and the industry

It is well known that most mergers and acquisitions fail. But the sale of Flexjet to Kenn Ricci’s Directional Capital makes a lot of sense to the buyer, the seller and the industry. As the founder of Flight Options, Kenn

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Directional Aviation Capital buys Flexjet

Directional Aviation Capital buys Flexjet

The newly-independent Flexjet expects to close a $5.2 billion Bombardier order before the year end. Directional Aviation Capital has agreed to buy Bombardier-owned Flexjet, an 18-year-old fractional jet ownership company, which it plans to transform into “a bespoke brand” trading

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Champagne for fractional operators

It may surprise you but 2012 turned out to be a good year for fractional jet sales. Flight Options says that sales were up 30%. Berkshire Hathaway will no doubt report strong results for NetJets when its annual report comes

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And then there were three: US fractional jet operators remain optimistic

It is no secret that the last five years have been tough for fractional aircraft operators, but Flexjet, Flight Options and Netjets – thee three remaining operators in the US – are all keeping optimistic.

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