Subscribe Free
in Business Aviation

Qatar Airways announces investment in JetSuite

Posted 12 April 2018 · Add Comment

Qatar Airways and JetSuite, a U.S. private aviation company, have announced that Qatar Airways has taken a minority stake in JetSuite, and indirectly in JetSuiteX. Qatar Airways joins JetBlue Airways, which will be increasing its investment, and a number of private investors as stakeholders in both JetSuite and JetSuiteX.

 

With this investment in JetSuite, Qatar Airways will help fuel the growth of JetSuite’s private aviation business, which currently focuses on light and very light jets. The investment extends to JetSuiteX, the sibling company to JetSuite, further accelerating the expansion of its acclaimed semi-private air service on the U.S. West Coast and beyond. JetSuiteX fills a niche in underserved short haul markets and small airports, and enjoys a Net Promoter Score over 90, higher than the major U.S. airlines. JetSuiteX operates its fleet of Embraer 135 aircraft from private terminals in California and Nevada, with no lines, no waiting and no stress, at a price competitive with commercial travel. The Qatar Airways investment will enable faster expansion of this fleet and the ability to reach new destinations, including the potential to bring the semi-private model to additional U.S. regions.

Qatar Airways Group Chief Executive, Akbar Al Baker said, “We are delighted to have the opportunity to invest in such unique business as JetSuite and JetSuiteX; we believe that both businesses are complimentary to Qatar Airways business and maintain the core values and customer focus of our own business.  We believe that JetSuite and JetSuiteX deliver a truly class-leading service to the U.S. market with a huge potential for development, and we are very excited to invest in this opportunity alongside JetBlue and the other investors.”

“As an innovator in private aviation, we are proud to have attracted the attention of one of the world’s highest rated and fastest growing airlines,” said Alex Wilcox, Founder and CEO of JetSuite and JetSuiteX. “Qatar Airways shares our focus on customers and product. JetBlue and Qatar Airways together are a dream team of investors, and they will allow us to execute our vision of offering a superior service to the forgotten short haul U.S. air market even more quickly.”

“JetSuite’s innovative JetSuiteX service and customer-focused approach aligns perfectly with our values at JetBlue, which is why we are so pleased that our partners at Qatar Airways are joining us in supporting this venture,” said Robin Hayes, President and CEO, JetBlue. “We look forward to seeing JetSuite further grow on the West Coast and beyond to bring additional air travel choices to customers in underserved markets.”

* required field

Post a comment

Other Stories
Advertisement
Latest News

Oman Air makes premium comfort amenities in time for Eid Al Adha

Oman Air makes premium comfort amenities available for all on selected flights in time for Eid Al Adha.

Bryan Thompson appointed CEO of Abu Dhabi Airports

Bryan Thompson has been appointed Chief Executive Officer (CEO) of Abu Dhabi Airports.

Etihad Airways and Al Nassr FC announce partnership

Etihad Airways has signed an agreement to be the official shirt and main sponsor and partner of the Riyadh-based, Saudi Stars League team, Al Nassr FC.

Cobalt Air signs multi-year agreement with Travelport

Travelport has signed a new multi-year content agreement with Cobalt Air, which includes the use of the company’s leading merchandising tool, Travelport Rich Content and Branding.

Turkish Airlines sees operating net profit in first half of 2018

Turkish Airlines posted a USD 258 million Operating Net Profit in the first half of 2018.

Mighty task for Hercules in Middle East

Nearly 200 C-130 Hercules aircraft have been operated by Middle East air forces since the first was delivered to Iran in 1962. Alan Warnes reports.

TAA SK0902311218
See us at
MAPS18_BT1207131118GATM BT1004061118Cargo BT1004091018ASDubai BT1004091018MarrakechAirshow BT2507241018AIME19BTA3005120219Aviation Africa BT0607280219BIAS BT271017161118MEBAA BT1004121218Istanbul Airshow BT22018