Private jet operator Flexjet has raised $800 million from a group of investors led by L Catterton, a private equity firm affiliated with luxury giant LVMH, according to a report published by the Financial Times, as well as several other media outlets, on July 21, 2025.
Other co-investors in this deal include investment firms KSL Capital Partners and the J Safra Group.
This transaction, which is the largest of this type to date, values Flexjet at $4 billion, according to the Financial Times, values Flexjet at $4 billion, according to the FT, which quotes sources familiar with the deal (Flexjet is privately owned, so there is no public valuation available).
The terms of the deal also include the distribution of a dividend to existing shareholders equivalent to one quarter of the capital invested.
According to the Financial Times, the ongoing and further projected growth in the executive jet industry, which has seen the average age of its users decline in recent years, has been the key factor attracting the interest of investors.
Flexjet, which is part of the OneSky group, is the world’s second largest player in the private jet market, operating a fleet of around 300 jets and offering a number of solutions to its customers, such as fractional jet ownership and jet card programs.
In February 2025, Flexjet announced its largest ever order for 182 Embraer aircraft (plus 30 options). This order, which is valued at around $7 billion, includes mostly super-mid-sized jets of the Praetor family as well as some Phenom 300E light aircraft.