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Two of the world's 10 richest men will be squaring off in the battle for UHNW private jet clients. Bernard Arnault via Flexjet will be competing against Warren Buffett's NetJets.
Private jet flight provider Flexjet said on Monday it had raised $800 million in a funding round led by L Catterton, a ...
According to Jefferies Group, the investment marks the largest-ever equity fundraise in the private aviation space. The ...
A group of investors led by a LVMH-linked private equity firm is investing $800M in private jet operator Flexjet, according ...
Largest Equity Investment Ever Committed to a Private Jet Travel Provider •Strategic Relationship with L Catterton, an ...
The investment, the largest of its type in private aviation history, doesn't make Flexjet part of the LVMH family. But it ...
Flexjet, the world's second-largest private jet company, has been valued at around $4bn (£2.9bn) after securing $800m in new ...
LVMH-Led Consortium Invests $800M In Flexjet is published in The Weekly of Business Aviation, an Aviation Week Intelligence Network (AWIN) Market Briefing and is included with your AWIN membership.
The deal highlights the luxury industry's rapid expansion into the experience economy as wealthy consumers increase spending on travel, dining and events.
LVMH affiliate provides Flexjet with private aviation’s ‘largest ever’ equity investment A consortium of investors led by L ...
Biggest rival to NetJets valued at $4bn in $800mn round as it seeks to tap booming demand from young super-rich ...
CNBC's Robert Frank joins 'Squawk on the Street' to discuss a new investment from LVMH in private jet company Flexjet.
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