- The Jet Business provides brokerage and advisory services.
- Flexjet Solutions offers operational support to clients.
- Steve Varsano founded the acquired company.
- The brands remain separate after the deal.
- The move supports next generation aircraft introduction.
Flexjet has acquired the London based aircraft brokerage The Jet Business.
The deal completed recently and introduces Flexjet Solutions for clients that includes operational support, pre purchase inspections and aircraft management. The Jet Business founder Steve Varsano has been appointed president of Flexjet. Flexjet’s FXSolutions arm operates alongside the acquired firm under separate brands.
The acquisition supports fleet strategy for fractional ownership including graceful retirement of ageing aircraft and introduction of next generation types. It strengthens capabilities in aircraft acquisitions and long term planning.
Clients gain access to the wider Flexjet ecosystem including maintenance and AOG response resources.
Kenn Ricci shared “this acquisition strengthens our platform to move ageing aircraft gracefully out of the fleet while introducing next generation aircraft into service for our fractional owners.”
