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Old Apr 10, 2018 | 5:14 pm
  #28  
Nicoolio
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Join Date: Oct 2006
Location: New York, NY
Posts: 557
Qatar Airways and JetBlue invest in JetSuite

A second investment by B6 and now QR - I didn't see how much is being invested - but JetSuiteX will add 6-12 planes per year - They have 5 now and adding 2 more soon.

Let the good times roll. Private aviation is continuing to attract investors from celebrities and private equity to energy companies and even commercial airlines. Earlier today, JetSuite announced that it had raised an undisclosed amount of money from Qatar Airways. There is also additional funding from JetBlue Airways, which had previously invested in 2016. The news comes on the heels of recent investments in Wheels Up, VistaJet, Victor, JetSmarter and Stellar.aero which totaled over $500 million. Earlier this year, XOJET said it had hired Perella Weinberg to explore options, including capital raise, merger, the sale of the company or a strategic alliance.
​​​​​​​Source: Private Jet Card Comparisons
https://privatejetcardcomparisons.co...s-and-jetblue/
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