Financial News

Jet Edge Expands Reserve Charter Membership Nationwide

Jet Edge International, the Ohio-based private aviation firm, announces the company's Reserve Charter Membership program benefits will expand to a full nationwide footprint. Prior to rolling out nationwide, the Jet Edge Reserve program typically served major cities within the United States on a program pricing basis. All of the benefits of membership, including its hourly pricing and trans-con programs, have been opened up to all U.S. markets, excluding Alaska.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220128005483/en/

The Jet Edge Reserve Charter Membership program benefits will expand to a full nationwide footprint. (Photo: Business Wire)

The Jet Edge Reserve Charter Membership program benefits will expand to a full nationwide footprint. (Photo: Business Wire)

The announcement follows Jet Edge receiving approximately $265 million in total credit and equity investments from KKR over the last year.

Available in all U.S. locations, trans-con program pricing is now offered to Reserve members for 4+ hour flights, starting at $39,900 for the Challenger/Gulfstream aircraft to and from any city pairs in the U.S.

Jet Edge has 20 additional Gulfstream & Challenger aircraft slated to be delivered in the first half of 2022 in addition to the 27 delivered in 2021, bringing its total fleet size to 95 aircraft.

Steve Malvesta, Chief Business Officer at Jet Edge International, said: “With new deliveries expanding to 45 from the original 27 in 2021, it made sense to expand our Reserve membership program to include all U.S. markets. On the heels of the nationwide roll out, I would also expect to see a guaranteed availability, fixed hourly subscription Challenger product from Jet Edge to be launched by Q2 of this year on the Challenger fleet.”

About Jet Edge

Jet Edge is a leader in full-service global private aviation. As an integrated super-midsize and large cabin management operator and maintenance provider, Jet Edge services aircraft owners and charter flyers with a world-class operational platform. Jet Edge extends individual clients and corporations 365-day-a-year access to one of the most well-appointed aircraft fleets in the world. Backed by award-winning safety programs and overseen by a leadership team with wide-ranging experience in commercial and private aviation operations and management, Jet Edge delivers excellence in aircraft management, charter management, on-demand charter, aircraft sales, and maintenance. More information can be found at www.flyjetedge.com.

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