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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.
The investment, the largest of its type in private aviation history, doesn't make Flexjet part of the LVMH family. But it ...
A group of investors led by a LVMH-linked private equity firm is investing $800M in private jet operator Flexjet, according ...
Private jet flight provider Flexjet said on Monday it had raised $800 million in a funding round led by L Catterton, a ...
The deal highlights the luxury industry’s rapid expansion into the experience economy as wealthy consumers increase spending ...
Largest Equity Investment Ever Committed to a Private Jet Travel Provider •Strategic Relationship with L Catterton, an ...
According to Jefferies Group, the investment marks the largest-ever equity fundraise in the private aviation space. The ...
LVMH affiliate provides Flexjet with private aviation’s ‘largest ever’ equity investment A consortium of investors led by L ...
Flexjet, the world’s second-largest private jet company, has been valued at around $4bn (£2.9bn) after securing £800m in new funding. The US firm’s latest funding round has been led by private equity ...
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.
Catterton—backed by luxury giant LVMH—has led an $800 million funding round for Flexjet, taking a roughly 20% stake that ...
One of the biggest names in luxury about to takeoff with a big investment in private jets. CNBC's Robert Frank joins 'Squawk Box' with more.