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

F-16Vs to the rescue of Bahrain's age concern

Bahrain is to recapitalise its ageing fighter force with the purchase of 19 new-build Block 70 F-16Vs and via the upgrade of its 20 surviving Block 40 F-16C/Ds to the same standard.

Emirates and Flydubai celebrate six months of successful partnership

Emirates and Flydubai has revealed strong passenger numbers for the first six months of their partnership.

Etihad Aviation Group launches initiatives to commemorate the Year of Zayed

Etihad Aviation Group has unveiled its extensive Year of Zayed initiatives which are set to be launched throughout 2018.

Emirates renews its support to Mauritius and Seychelles

Emirates has announced its renewed support to Mauritius and the Seychelles by extending its global marketing agreement with the respective Tourism Boards of the two countries.

Flydubai announces direct flights to Helsinki

Flydubai has announced services to Finland’s capital, Helsinki.

Oman Air unveils First Class suite at Arabian Travel Market

Oman Air unveiled the new First Class Mini Suite of its Dreamliner 787 -9 fleet, at the Arabian Travel Market, a key travel and tourism event taking place from 22-25 April, held in Dubai.

SOFEX SK2018
See us at
SOFEX BT2018GATM BT1004061118Istanbul Airshow BT22018ArabianTravelMkBT250418Cargo BT1004091018ASDubai BT1004091018AirportShow BT1502090518EBACE 2018BIAS BT271017161118Global Aerospace BT2018MEBAA BT1004121218