US EditionLVMH And Arnault Join Private Jet Fray Via $800 Million Flexjet Investment
CLEVELAND, UNITED STATES, JUL 21 – The $800 million investment by L Catterton and LVMH aims to expand FlexJet's fleet and infrastructure, capitalizing on a 13% surge in private jet market growth, company says.
- L Catterton, backed by LVMH, led an $800 million investment acquiring a 20% stake in Flexjet, announced in mid-2025 in Ohio.
- This deal arose as Flexjet sought to evolve into an experiential luxury brand amid a competitive private jet market dominated by NetJets.
- Flexjet currently operates 318 aircraft with plans to expand to 340 by 2025 and offers bespoke services through partnerships like Belmond hotels.
- Flexjet’s EBITDA experienced a significant increase, rising to $398.3 million from a previous level of $202.8 million, and is expected to approach $425 million by 2025, indicating strong ongoing growth.
- The investment aims to support Flexjet's infrastructure, expand its fleet and community, and deepen collaborations leveraging L Catterton’s links with luxury brands.
14 Articles
14 Articles
Bernard Arnault’s Private Equity Firm Leads $800 Million Investment in Flexjet
L Catterton, the private equity firm backed by French billionaire Bernard Arnault, led a $800 million equity investment in Flexjet, as demand for private jet travel around the world continues to surge.
LVMH-backed investor group takes 20% stake in private jet company FlexJet - Overpasses For America
A FlexJet Gulfstream G450 airplane approaches San Diego International Airport for a landing on May 9, 2025 in San Diego, California. Kevin Carter | Getty Images News | Getty Images An investment group led by LVMH’s private equity arm is buying 20% of private jet company FlexJet, marking the latest push by the luxury industry to expand into travel. L Catterton, the private equity firm backed French luxury giant LVMH, is leading an $800 million i…
NBC Chicago
LVMH-backed investor group takes 20% stake in private jet company Flexjet
The deal highlights the luxury industry’s rapid expansion into the experience economy as wealthy consumers increase spending on travel, dining and events.
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