CAE will increase its ownership stake in its existing SIMCOM Aviation Training joint venture by purchasing a majority of SIMCOM shares from Volo Sicuro for $230 million, subject to customary adjustments, to be financed with CAE’s existing credit facility and cash on hand. read more

NOV 5, 2024 - 5:50 am

Flexjet accepted its first delivery of the Embraer Praetor 500, part of a $1.4 billion order announced in October with Embraer Executive Jets. read more

DEC 24, 2019 - 6:40 am

Flexjet recognized Michael Silvestro as he marks 10 years as CEO, making him the fractional private jet industry’s longest-tenured CEO. read more

SEP 24, 2018 - 6:45 am

Fractional jet ownership provider Flexjet reported sales for the first half of 2018 increased 17% over the same period in 2017. read more

SEP 12, 2018 - 6:50 am

Flexjet accepted delivery of the Gulfstream G650, expanding the company’s portfolio of Gulfstream aircraft. read more

OCT 10, 2017 - 6:43 am

Flexjet accepted its first Legacy 450 midsized business jet from Embraer, becoming the first fractional fleet provider to take delivery of the Legacy 450, which the FAA certified in August 2015. read more

AUG 16, 2016 - 6:39 am

At the European Business Aviation Convention & Exhibition, Flexjet laid out international expansion plans and announced that Raymond Jones, a former Bombardier sales SVP, will lead the international operations. read more

MAY 24, 2016 - 7:03 am

Flexjet accepted delivery of a Legacy 500, the 1,000th business jet built by Embraer Executive Jets. The delivery was the fourth overall of the Legacy 500 model. read more

APR 21, 2016 - 6:02 am

Flexjet announced at the NBAA’s Convention it has placed a firm order for 20 of Aerion’s AS2 aircraft. In addition, Flexjet has exercised options for 20 additional Challenger 350 business jets from Bombardier. read more

NOV 20, 2015 - 7:35 am

Due to increased market demand, Flexjet accelerated its deliveries of the Gulfstream G450 business jet. With the accelerated delivery schedule, six G450s will be flying in the Flexjet fleet by the end of this year. read more

AUG 14, 2015 - 6:25 am

Flexjet accepted delivery of its first Gulfstream G450LXi at Gulfstream’s Savannah, GA headquarters. read more

JUN 24, 2015 - 6:30 am