Press Release

Issued by Flexjet.

March 1, 2017

Flexjet Ltd, the European-based tailored business aircraft solutions company, today welcomed its first dedicated fleet of Nextant 400XTi light jets. The aircraft will be based in Europe for international operations.

The fleet of Nextant aircraft, to be joined by large-cabin aircraft before 2018, will enable Flexjet’s U.S. clients to travel seamlessly in the international domain with the unmatched service levels to which they are accustomed. In addition, the aircraft may be offered through select European charter broker partners to discerning clients who seek to travel on some of the world’s most desirable private aircraft. This will allow them to access the prestige and safety standards of the world’s most renowned business aircraft company, Flexjet.

The Nextant 400XTi outperforms all other light jets by nearly every measure, with a 2,003 nautical mile range and a high cruising speed of 460 knots per hour. The Nextant 400XTi also boasts significantly reduced carbon emissions compared to other light jets and noise compliance that exceeds Stage IV requirements. These features facilitate this being the perfect aircraft for Flexjet owners with European travel needs.

Each Flexjet Ltd Nextant 400XTi is designed with a custom cabin interior and adorned with the striking company paint scheme. In creating the stylish cabin interiors, Flexjet used premium leathers, the finest hardwoods and laminates, custom wool carpeting and luxurious fabrics. The cabin’s flat floor, due to the squared-oval cabin cross section, offers generous headroom and shoulder space. The aircraft configuration features a three-seat divan and a four-place club seat arrangement with 32 inches of legroom, the most legroom in the club seating area of any light jet. The 400XTi features an enclosed aft lavatory and, a full refreshment centre.

And yet, this incomparable level of cabin size, luxury and service still comes at trip pricing which, due to the 400XTi’s speed and cruise altitude, compares favorably to the much smaller, slower personal microjets such as the Citation Mustang.

Kenn Ricci, Flexjet Ltd chairman, remarked “Flexjet Ltd’s global operations will provide the sophisticated European marketplace and beyond with unmatched flexibility, choice, safety standards and service. In addition, our North American base of clients will be able to travel internationally without ever having to leave the Flexjet family. The introduction of this dedicated European fleet realises our vision to offer a product that simply does not exist. In addition, Flexjet’s brand promise of impeccable style and unmatched service meets what the international community so keenly wants. Moreover, Flexjet Ltd is looking forward to further accelerated expansion of its fleet and continues to provide highly bespoke aircraft management solutions for both commercially operated and Part-NCC private operations.”

Ray Jones, CEO of Flexjet Ltd, commented, “The arrival of the first of our dedicated fleet of aircraft in Europe, delivers on the promises we made to the European community at EBACE in May of 2016. We know, from our client commentary, that this product offering has been eagerly awaited. This popular aircraft will enhance our ability to provide for our clients and our aviation partners a new high benchmark for business aircraft solutions.”

Flexjet Ltd aircraft are operated by FlairJet Ltd. FlairJet Ltd, now an affiliate company of Flexjet Ltd, was founded in 2009 and is a bespoke aircraft management company offering charter capabilities through AOC Number GB2639.