Press Kit
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One \\\ FXAIR at a Glance
FXAIR at a Glance
OVER 2,000 PREMIUM AIRCRAFT REPRESENTING ALL CABIN TYPES FROM FXAIR-APPROVED OPERATORS BASED GLOBALLY. FXAIR ALSO PROVIDES PRIORITY ACCESS TO GROUP-MANAGED AIRCRAFT HELD AND OPERATED TO THE STANDARD OF OUR SISTER COMPANY FLEXJET.
Operations
SERVING CLIENTS THROUGHOUT EUROPE AND NORTH AMERICA FOR ALL DOMESTIC AND INTERNATIONAL PRIVATE AVIATION TRAVEL NEEDS
LONDON, UK
Company Leadership
KENNETH C. RICCI Chairman
MICHAEL J. SILVESTRO Chief Executive Officer ANDREW COLLINS Chief Executive Officer
GREGG SLOW President
Two \\\ About FXAIR
About FXAIR
FXAIR is built to exceed the expectations of those who value a premium private jet travel experience, but prefer the flexibility afforded to them by on-demand charter. Today, FXAIR stands as private jet travel’s only premium on-demand charter provider serving clients throughout Europe and North America.
As part of the Flexjet family of private flight providers—led by visionary entrepreneur Kenneth C. Ricci—FXAIR is a complementary counterpart to Flexjet, a global leader in fractional private jet ownership.
While others pursue automation and impersonal digital solutions, FXAIR distinguishes itself by doubling down on impeccable white glove service, cultivating personal connections and becoming the trusted go-to for clients when on-demand private jet access calls.
With offices in London and New York, FXAIR is led by 25-year private aviation veteran Gregg Slow. More than 60 dedicated consultants personally plan and track all facets of a client’s flight, ensuring that every detail is meticulously executed to meet exact specifications. Each journey is managed with the utmost care and professionalism, far exceeding the typical charter experience.
Representing more than 65% of all managed private flight time, the charter market has traditionally been fragmented, with inconsistent service quality and limited reliability. FXAIR is redefining that landscape—offering a new standard of consistency and excellence.
By the Numbers \ \ \ \ 1,000+ MEMBERS 85+ EMPLOYEES
13,000+
ANNUAL C USTO MER FLIGHT HOURS
20+ COUNTRIES SERVED
2,500+ ACTIVE CLIENTS
Three \\\ Our History
Now seamlessly aligned under the FXAIR name, the integration of FXAIR and PrivateFly amplifies the ability to deliver premium charter experiences to clients on both sides of the Atlantic.
In a year where charter flying activity saw year-over-year market decline, FXAIR marked 190% growth since inception in 2020, affirming its role as the marketplace’s most sought-after premium on-demand charter provider. A STEADY BUILD
Building on the success of the Aviator Membership programme, FXAIR launched Aviator+, bringing to the charter market anenhanced experience for frequent flyers, including guaranteed premium aircraft access, priority service terms and premium lifestyle benefits.
History
FXAIR launched within the Flexjet family of brands as a premium on-demand charter provider in North America, replacing Skyjet and PrivateFly’s U.S. operations with a focus on redefining premium branded charter. Under the leadership of aviation veteran Gregg Slow, FXAIR completed over 4,000 charter flights to 600 destinations for more than 8,000 clients, driving a remarkable 55% revenue increase in its inaugural year.
Group acquisition of PrivateFly for more exposure to the European marketplace and to complement its existing North American premium on-demand charter offering.
Skyjet is unveiled as the group’s unified North American on-demand charter solution, consolidating the charter expertise of Flexjet, Flight Options and Sentient Jet within a single offering.
FXAIR predecessor company PrivateFly launches and quickly grows to become Europe’s most-recognised private jet booking platform. Initially focused on the United Kingdom, it developed multiple channels and customer bases worldwide through localised content and language platforms.
Four \\\ Why FXAIR
40+ YEARS EXPERIENCE
$4.5+ Billion ANNUAL REVENUE
350,000+ ANN UAL FLIGHT HOURS
25+ Locations
GLOBAL INFRASTRUCTURE
5,300+ EMPLOYEES
In Good Company
Over the 40+ years the leadership behind the Flexjet family of brands has been founding, actively managing and investing in world-class private aviation companies, countless competing flight providers and business models have come and gone. At the same time, those within their purview experienced a steady climb.
While FXAIR focuses on the on-demand charter market, it is the only charter provider with an affiliated nexus of companies that also specialise in fractional private jet ownership and leasing (Flexjet), jet cards (Sentient Jet) whole aircraft transactions (FXSolutions) and aircraft management (Corporate Wings and Sirio).
FXAIR is headquartered in London and New York City, but the full resources and infrastructure of its family of companies including 25+ strategically located operations, maintenance and regional office facilities across North America and Europe support client travel needs 24/7/365.
A mainstay of the private jet industry, this family of companies takes a disciplined and growth-oriented approach to an always-evolving market, fostering a consistent trajectory of growth and profitability through decades of varying business and economic cycles.
Together, FXAIR and these affiliated companies, make up a time-tested global private aviation powerhouse. WHY FXAIR
Five \\\ Company Leadership
PILOTED BY THE BEST IN THE BUSINESS
Leadership
Experience matters. That is why we are led by a team of experts with decades of combined excellence within the private jet travel industry. A group of genuine people, who first and foremost, seek to do right by FXAIR clients and take a long-term approach to relationships.
As a Flexjet company, FXAIR works to the highest industry standards and also offers priority access to aircraft operated and managed by our family group.
Kenneth C. Ricci
PRINCIPAL, DIRECTIONAL AVIATION CAPITAL
Kenneth C. “Kenn” Ricci is an American aviation entrepreneur and the Principal of Directional Aviation Capital, which owns or invests in various aviation enterprises including FXAIR, where he also serves as Chairman.
Kenn began his aviation career as an Air Force ROTC cadet at the University of Notre Dame and started his first company, Corporate Wings, in 1980. His love of aviation had him founding, acquiring or financing a broad range of aviation companies and ideas over his career. He has assembled one of the largest groups of private aviation companies which together account for over $4.0 billion of revenue, operate over 300 aircraft and employ over 5,000 individuals.
Kenn was honoured as an Ernst & Young Entrepreneur of the Year in 2000 and has been named one of the most influential people in aviation by Aviation International News. In 2005, Kenn led the restructuring of the Mercury Air Centres, a $200 million company operating aircraft support facilities at 24 different airports.He sold the company to Macquarie Infrastructure Trust in 2007 in a deal valued at $615 million.
In 2010, Kenn received the Harvard Business School’s Dively Entrepreneurship Award. In 2011, Kenn was the youngest recipient of the prestigious William A. “Bill” Ong Memorial Award for extraordinary achievement and extended meritorious service to the general aviation industry.
Kenn is the founder of Nextant Aerospace, the innovator of Aircraft Remanufacturing.
In 2015, Kenn received the Aviation Week Laureate Award, a benchmark of industry excellence, recognising his work in the development of Nextant Aerospace.
In 2016, Kenn received the Lifetime Aviation Entrepreneur Award from the Living Legends of Aviation. In 2019, he was inducted as a Legend of Aviation, awarded to a select group of admirable people of remarkable accomplishment in aviation including entrepreneurs, innovators, industry leaders, record breakers, astronauts and pilots.
An airline transport pilot with more than 6,000 hours of flight time and extensive international experience, he was Governor William Clinton’s pilot when he ran for President in 1992.
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Kenneth C. Ricci
PRINCIPAL, DIRECTIONAL
AVIATION C APITAL
[ CONTINUED ]
Kenn graduated from the University of Notre Dame and in 2018 created a groundbreaking giving structure called a Philanthropic Succession Partnership to donate $100 million to the university, the single largest unrestricted, guaranteed gift ever committed. Kenn also graduated from the Cleveland Marshall School of Law, where he was named a Distinguished Alumni in 2016 and selected for admission to their Alumni Hall of Fame in 2018.
Kenn serves on the Board of Trustees for the University of Notre Dame, the Smithsonian and Embry-Riddle Aeronautical University.
In 2018, Kenn was named one of Town & Country Magazine’s top 50 Philanthropists for his charitable work. His other philanthropic causes include Able Flight, which provides people with disabilities a way to challenge themselves through flight and aviation career training. In 2014, Kenn was honoured by the Northeast Ohio Chapter of the Cystic Fibrosis Foundation for championing research and treatment of the disease, which affects 30,000 children and adults in the United States.
Recognised as a leader and innovator in the private aviation industry, Kenn has been widely quoted in print, online and on broadcast television including The New York Times, Washington Post, Fox Business, Bloomberg TV, CNBC, Robb Report and Worth Magazine. Kenn’s management strategies have been featured in the Wall Street Journal and he is the Author of “Management by Trust,” a book featuring practical management techniques for building employee trust and success.
Michael J. Silvestro CHIEF EXECUTIVE OFFICER, FLEXJET
Michael J. “Mike” Silvestro is the Chief Executive Officer of Flexjet and is the longest tenured CEO in the fractional private jet industry. Mr. Silvestro, who holds a private pilot’s license, began his aviation career at Flight Options in 2000, where he served as Vice President of Sales and Marketing from 2000 to 2005.
Mr. Silvestro left Flight Options after Raytheon Travel Air’s investment that ultimately led to its acquiring majority control of the company. He held a senior position with fractional provider CitationShares from 2005 to 2008.
Mr. Silvestro returned to Flight Options as CEO in 2008 after its acquisition by Directional Aviation and helped to lead its recovery after the recession of 2008-09. From 2009 to 2012, Mr. Silvestro also helped modernise the Flight Options fleet with a mix of new and refurbished aircraft.
In 2013, Mr. Silvestro became CEO of Flexjet after its acquisition from Bombardier Aerospace by Directional Aviation. Mr. Silvestro is also a shareholder of the flying companies under Directional Aviation, whose principal is Kenn Ricci, the chairman of Flexjet.
Mr. Silvestro launched other initiatives at Flexjet, including its Red Label premium offering and investment in large-cabin aircraft. He implemented Global Access, which offers access to large-cabin aircraft for long-distance travel, especially intercontinental trips. Flexjet expanded international travel options, including Europe. Additionally, Flexjet began operating private terminals at select airports.
Mr. Silvestro graduated from the University of Notre Dame, where he earned a bachelor’s degree in Marketing and played football. He was only one of two non-scholarship players in his freshman class. He was coached by Daniel “Rudy” Ruettiger, the Notre Dame football player whose story inspired the movie Rudy.
In 2023, Silvestro was honoured with the Living Legends of Aviation Lifetime Aviation Industry Award, reflecting contributions to the field over an entire career.
In addition to his career in aviation, Mr. Silvestro has founded several companies whose products range from polymer technology for athletic footwear to celebrityendorsed personal products, including Spectrum Sports, a supplier of innersoles for athletic shoes. He has also invented and co-invented products such as an advanced shin guard for protection in football and other contact sports that was patented in 1984. Mr. Silvestro lives in Hudson, OH. with his family.
Andrew Collins CHIEF EXECUTIVE OFFICER, FLEXJET
Andrew Collins is the Chief Executive Officer of Flexjet and a lead executive in the company’s parent group with oversight of M&A, operations and revenue management activities.
With over 18 years in the industry, he has evolved group company Sentient Jet into the defining brand and global market leader in jet cards. Under his leadership as President and CEO, the company flourished to become a $450 million EBITDApositive entity, benefiting from a digital and business model transformation, in addition to an organisational restructuring. This includes setting market, product and brand strategy, integrating a full suite of retail and wholesale technology applications, tripling sales, optimising client acquisitions costs and significantly moving top-line revenues.
Mr. Collins has spearheaded some of the group’s key M&A activities in recent years, including the acquisition of Halo Aviation in London in 2021 which was integrated with the further acquisition of Associated Aircraft Group in NYC to form Flexjet’s helicopter division—creating a global fleet of helicopters and a platform for future of flight vertical lift.
In 2018, Mr. Collins led the acquisition of jet card and private charter provider PrivateFly, a key milestone in the group’s expansion into Europe.
In recent years Mr. Collins has motivated a significant digital and technology transformation at Sentient Jet and across the group. This has included the creation of retail product, online consumer “touch points,” novel mobile applications and a brand-new, supply-side platform for driving further efficiencies in flight time procurement.
With his direction, Sentient Jet also leveraged its exclusive partnership programme to include such leading, world-class brands as Aspen/Snowmass, Sotheby’s and YPO/WPO. In 2016, Sentient Jet became the first official private aviation partner ever for the Kentucky Derby and Churchill Downs.
Mr. Collins has been featured in a number of media outlets and forums including CNN, CNBC, Forbes, NBC and the Wall Street Journal. In 2016, Sentient Jet and Mr. Collins were featured in a Harvard Business School case study entitled “Sentient Jet: The Uber of Private Jets.”
He received his bachelor’s degree from Union College and master’s degree from the Sloan School of Management at MIT. He is a member of the Young Presidents’ Organisation (YPO) and the Wall Street Journal CEO Council.
Gregg
Slow PRESIDENT, FXAIR
FXAIR President Gregg Slow is a leader in the private jet industry with more than two decades of experience in innovation, sales and premium customer service at some of the private aviation industry’s most well-respected brands.
Since its launch in 2020, Slow has swiftly positioned FXAIR as the definitive standard in premium on-demand private jet travel, fostering loyalty from clients across North America and Europe. Under his leadership, FXAIR’s accelerated growth has been fueled by a relationship-driven culture, and a growing team of 60+ professionals whose commitment to excellence has earned the trust of more than 1,800 active clients and 700 members.
Prior to FXAIR, he served as President of the Americas for UK-based PrivateFly. As the company had just been acquired by Directional Aviation, he focused on building a progressive and collaborative culture among employees and improving the company’s asset management and large cabin strategies. Slow joined from XOJET where he served as Senior Vice President of Sales and national accounts. During his XOJET tenure, he created market-disrupting programmes aimed at specific client demographics and was an integral part of the Vista Global acquisition of XOJET.
Slow established himself in the industry at NetJets, where he became a wellknown and respected Senior Vice President in the New York metropolitan area who was a vital driver of business from corporate and celebrity contacts. His departure from NetJets was even noted by the New York Post.
He has been featured in a number of media outlets including The New York Times and Business Insider. He holds a bachelor’s degree in political science from Union College in Schenectady, NY. Slow resides in Weston, CT. with his wife and their three children.
Six \\\ Ways to Access
01 \ ABOVE & BEYOND A JET CARD
Aviator+ Membership
To provide our most loyal members with the utmost flexibility, value and peace of mind, we have developed the FXAIR Aviator+ Membership. Enjoy guaranteed availability at fixed rates for aircraft in two size categories, carefully chosen from our curated network. You’ll also benefit from priority access to aircraft operated and managed by our family group, and a range of other advantages—all wrapped up with expert advice and service from your dedicated FXAIR Aviation Advisor.
Join as an Aviator+ Member with a non-refundable deposit of €200,000 that will serve as a debit-style model for flight hours, applicable fuel surcharges and additional services. The deposit never expires and can be replenished in €100,000 increments.
Membership Features
01 \ PREMIUM AIRCRAFT ACCESS
Guaranteed availability at fixed hourly rates or dynamic pricing within defined service areas, including preferred access to aircraft operated & managed by our family group.
02 \ ENHANCED MEMBER BENEFITS
Premium catering and deicing are included. Plus, you’ll enjoy exclusive event invitations & partnership benefits with top hotels.
03 \ SEAMLESS GLOBAL FLYING
Use your membership to access guaranteed fixed rate pricing in North America.
04 \ ADDED FLEXIBILITY
Guarantee an aircraft with as little as 72 hours’ notice, with preferred cancellations terms allowing you to change your plans more easily.
05 \ HELICOPTER ACCESS
Preferred access to group-operated Sikorsky S-76 helicopters with the ability to use your membership funds on an interchange basis.
02 \ AN ELEVATED APPROACH TO CHARTER
Aviator Membership
Clients who appreciate the convenience of a debit model can join as an FXAIR Aviator Member with a fully refundable deposit of €100,000. This membership is designed to make premium on-demand charter flying simple and flexible.
Membership Features
01 \ CONVENIENCE TO BOOK FLIGHTS
With no need to sign a new contract before each flight, email or messaging approvals are all you need.
02 \ SIMPLE TERMS
Activating your Aviator Membership requires an initial deposit of €100,000. These funds never expire and account balances are refundable at any time.
03 \ EXPERT SERVICE 24/7
Your dedicated FXAIR Private Aviation Advisor is ready to assist with your questions, and our dedicated Team will take great care of all your flight arrangements.
04 \ THE EXTRAS COME STANDARD
Enjoy access to a curated network of premium charter aircraft in different size categories, all rigorously vetted for the highest standards of safety and service.
05 \ ADDED FLEXIBILITY
Enhanced cancellation terms allow you to change your plans more easily.
06 \ PREFERRED ACCESS
Enjoy preferred access to aircraft operated and managed by our family group.
07 \ HELICOPTER ACCESS
Preferred access to group-operated Sikorsky S-76 helicopters with the ability to use your membership funds on an interchange basis.
03 \ FLEXIBILITY TO FLY ON PERSONALISED TERMS
Premium Charter
Alongside our Aviator and Aviator+ Memberships for frequent flyers, FXAIR offers premium on-demand charter as a standalone service.
Our team of Private Aviation Advisors have a deep expertise and experience within the charter market and can provide you with comparative options and quotes from our network of certified aircraft operators. They will also advise and work with you to ensure that you choose the right option for your flight requirements.
01 \ FXAIR APPROVED AIRCRAFT
FXAIR works with a carefully-chosen selection of charter operators worldwide, who offer a wide range of aircraft types from light, to super-midsize, through to ultra-long-range aircraft.
02 \ SAFETY & STABILITY
As part of one of the world’s leading private aviation groups, FXAIR takes an industry-leading approach to safety and service. Our size and decades-long experience brings unrivalled buying power and strong relationships with aircraft operator partners, who are each subject to a rigorous and continuous audit process—to ensure they meet our industry-leading standards.
03 \ WHITE GLOVE SERVICE
After your flight is booked, our Client Experience Team handles every aspect of your travel, with impeccable attention to detail. This includes liaising with the aircraft operator on all the necessary paperwork requirements, arranging catering according to your requirements, and any other details to ensure your flight is smooth and memorable.
PREMIUM AIRCRAFT
Curated Aircraft Network
Fewer than a third of global charter jet operators have passed the certification process to fly on behalf of FXAIR. Our dedicated team carefully approves every operator we partner with, including each pilot, aircraft and flight itinerary, to ensure your satisfaction.
Light Jets
Rang e \ TRIPS UNDER 3 HOURS
Speed \ 400 – 450 KNOTS
Passengers \ 6 – 7 MAX
Midsize Jets
Range \ TRIPS UP TO 4.5 HOURS
Speed \ 420 – 460 KNOTS
Passengers \ 7 – 8 MAX
Super-Midsize
Jets
Range \ TRIPS UP TO 5.5 HOURS
Speed \ 440 – 470 KNOTS
Passengers \ 8 – 9 MAX
Aircraft Types \ PHENOM 300
CITATION CJ3
CITATION CJ4
HAWKER 400XP
PILATUS PC-24
Aircraft Types \ PRAETOR 500
CITATION EXCEL/XLS
HAWKER 800XP/850XP/900XP
LEARJET 60/60R
CITATION LATITUDE
Aircraft Types \ CHALLENGER 300
CHALLENGER 350/3500
PRAETOR 600
CITATION X
CITATION SOVEREIGN
GULFSTREAM G200/G280
Large Cabin Jets
Range \ TRIPS UP TO 8 HOURS
Speed \ 440 – 480 KNOTS
Passengers \ 10 – 16 MAX
Ultra-Long-Range Jets
Range \ TRIPS UP TO 13 HOURS
Speed \ 480 – 530 KNOTS
Passengers \ 12 – 16 MAX
Aircraft Types \ GULFSTREAM G450
GULFSTREAM GIV/G-IV-SP
CHALLENGER 604
CHALLENGER 605
Aircraft Types \ GULFSTREAM G650/650ER
GLOBAL 5000/6000/XRS
FALCON 7X
GULFSTREAM GV
GULFSTREAM G550
CHALLENGER 850
FALCON 900EX
FALCON 200EX
LEGACY 600
Please note that information provided herein is approximate, and that all speeds/ranges are affected by weather, passenger count, runway length, and prevailing winds. All statements about performance, design, design tolerances and the images shown are solely based on projections and forecasts and are subject to change without notice. The information contained herein does not constitute an offer, commitment, representation, or warranty of any kind with respect to the aircraft.
Eight \\\ White Glove Treatment
01 \ REQUEST A QUOTE ON YOUR TERMS
Whether it is via phone call, text, email or our website, a live FXAIR Private Aviation Advisor, is always on the other end to prepare flight options for you with a human touch. This person is your dedicated single point of contact. At their disposal is the world’s most complete private aviation ecosystem backed by more than 5,000 employees and a support infrastructure throughout Europe and North America.
02 \ REVIEW YOUR FLIGHT OPTIONS
Your Private Aviation Advisor provides you with pricing details, various aircraft options and tailored guidance to help you make the most informed booking decision based on your specific requirements.
03 \ TAILOR YOUR FLIGHT
After you have booked, you’ll be introduced to your dedicated Client Experience team, who manage the organisation of your flight from start to finish, making it personalised to you at every stage and ensuring that any special requirements are met, and no details are overlooked.
They collect all mission-critical information from you such as passenger details, catering and luggage requirements, and ground transportation needs. For your dining options you can pre-order from a menu offering a variety of starters, salads, mains and desserts, depending on the aircraft type and time of day.
04 \ AHEAD OF YOUR FLIGHT
Your Client Experience Team reaches out to:
\ Reconfirm or update details for your travel party, catering or ground transportation needs.
\ Provide a status that your flight is tracking to be positioned for your time of departure.
\ Advise on expected weather at your point of departure or arrival that may present any deviance from your scheduled itinerary.
05 \ YOUR CONFIRMED ITINERARY
Your Client Experience Team will send you an easy-to-reference final itinerary document before your flight. Included will be:
\ Flight departure time
\ FBO address (the private terminal location where you will meet your aircraft)
\ Assigned aircraft type and specific tail number
\ Names of your pilots and a listing of your guests
\ Your catering order
\ Expected time of arrival at your destination
06 \ JUST PRIOR TO DEPARTURE
Your Client Experience Team reaches out with any final updates as required, including any final weather updates or status changes.
Nine \\\ Safety
Safety Highlights
01 \ IN-HOUSE SAFETY TEAM
Maintaining uncompromising safety standards will always be our foremost priority, which is why FXAIR represents one of the only charter providers to feature a truly dedicated, in-house safety team that carefully approves all operators, aircraft and pilots before they ever serve in our network.
02 \ I NSURANCE LIABILITY REQUIREMENTS
Beyond our standard approval process, FXAIR flights maintain a minimum of $150 million of liability insurance, with an average flight offering $250 million of coverage
03 \ FLIGHT REVIEW & MONITORING 24/7
Every assigned operator, aircraft and crew are individually reviewed prior to each flight using independent data from industry regulators. Our dedicated safety team reviews every flight at least 24 hours before take-off for possible service or safety issues, while our command centre oversees every mission in its entirety.
What does FXAIR Approved mean?
Before you ever set foot in your cabin, our dedicated safety team carefully examines and approves your operator, pilots and aircraft individually. Utilising independent data and reports of both operations and management staff, we review crucial elements related to safety, insurance coverage and more.
01 \ Only the top 30% of charter operators meet the strict standards required to fly our clients.
02 \ Each aircraft must be certified based on its maintenance and performance history and pass a thorough inspection covering key safety elements.
03 \ FXAIR clients have access to a certified partner fleet of thousands of global aircraft.
Ten \\\ Sustainability
A PROACTIVE COMMITMENT
Sustainability
\\\
Our Approach to Private Jet Sustainability through 4AIR, clients have the option to offset their carbon emissions for every hour flown. In an era where environmental consciousness is a paramount focus, we recognise the need to offer solutions that both provide for today and support a cleaner aviation future.Since 2021, we have actively engaged with 4AIR, a global leader in comprehensive sustainability programmes and verifications tailored to the unique needs of aviation.
Eleven \\\ Contact
