In a bold leap for the private aviation industry, Flexjet Inc. has secured a landmark $800 million equity investment from a heavyweight consortium led by L Catterton, the world’s largest consumer-focused private equity firm. Described as the largest equity infusion in the history of private aviation, the deal positions Flexjet to elevate its already bespoke flying experience to stratospheric new heights.
Joining L Catterton in the powerhouse investment group are affiliates of KSL Capital Partners and the J. Safra Group, according to a statement released Monday. Jones Day served as lead legal counsel for Flexjet in the high-profile transaction.
From Terminal to Tailwind: Crafting a Luxurious Journey
Flexjet Chairman Kenn Ricci highlighted the transformative potential of the partnership:
“L Catterton provides the perfect opportunity for collaborating in areas such as consumer insights, brand strategies, retail expansion, and luxury product delivery.”
Flexjet is reshaping its luxury travel ecosystem with bespoke flight experiences, including larger jets, global routes, and access through private terminals. The vision extends far beyond the cockpit—it’s about exclusivity from start to finish, with curated access to destinations, luxury products, and members-only events.