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Private jet flight provider Flexjet said on Monday it had raised $800 million in a funding round led by L Catterton, a ...
The deal highlights the luxury industry’s rapid expansion into the experience economy as wealthy consumers increase spending ...
Two of the world's 10 richest men will be squaring off in the battle for UHNW private jet clients. Bernard Arnault via Flexjet will be competing against Warren Buffett's NetJets.
LVMH affiliate provides Flexjet with private aviation’s ‘largest ever’ equity investment A consortium of investors led by L ...
The investment, the largest of its type in private aviation history, doesn't make Flexjet part of the LVMH family. But it ...
According to Jefferies Group, the investment marks the largest-ever equity fundraise in the private aviation space. The ...
A group of investors led by a LVMH-linked private equity firm is investing $800M in private jet operator Flexjet, according ...
L Catterton, working with KSL Capital Partners and J Safra Group, invested $800 million in equity. This funding secured the ...
Largest Equity Investment Ever Committed to a Private Jet Travel Provider •Strategic Relationship with L Catterton, an ...
CNBC's Robert Frank joins 'Squawk on the Street' to discuss a new investment from LVMH in private jet company Flexjet.
Catterton—backed by luxury giant LVMH—has led an $800 million funding round for Flexjet, taking a roughly 20% stake that ...
One of the biggest names in luxury about to takeoff with a big investment in private jets. CNBC's Robert Frank joins 'Squawk Box' with more.