Overview
- Flexjet has bought London-based aircraft broker The Jet Business and will retain its brand while folding the team into a global brokerage platform that includes FXSolutions.
- Founder Steve Varsano will become a president at Flexjet with a remit to lead product innovation and international growth for the combined businesses.
- Under the agreement The Jet Business will manage aircraft acquisitions entering Flexjet’s fleet, oversee orderly exits of older jets, and supply market intelligence and transaction advisory services to support fleet strategy.
- The Jet Business brings a large TikTok audience and a public, street-level showroom that Flexjet plans to use to generate owner leads and raise consumer visibility for its services.
- The purchase complements Flexjet’s push in Europe, builds on its Farnborough infrastructure, and is meant to speed fleet modernization and expand the company’s offerings in the region.