View all newsletters
Latest in Luxury - Sign up to our weekly newsletter
  1. Travel
  2. Travel News
October 5, 2010updated Feb 08, 2013

JetSuite Purchased By David Neeleman

By Pardhasaradhi Gonuguntla

Los Angeles, CA – Reported by Elite Traveler, the Private Jet Lifestyle Magazine

Private jet operator JetSuite has been purchased by JetBlue founder and airline innovator David Neeleman and Acadia Woods Partners LLC.

In conjunction with the acquisition, JetSuite will take delivery of an additional five brand-new Embraer Phenom 100 aircraft. With an additional two leased Phenoms, JetSuite clients will now have access to twelve of the newest aircraft in the industry.

“After seven months of charter operations, we are happy to report that our clients love our crews, our service, our value and our Phenoms. We are doubling the fleet to satisfy our ever-growing customer base” said Alex Wilcox, CEO of JetSuite. “I am gratified that the JetSuite business model has captured David Neeleman’s and Acadia Woods’ imagination, and that they share our vision of making private jet travel far more efficient and more affordable than ever before.”

In addition to reinforcing its operations across the Western US, the new aircraft will support JetSuite’s expansion into Texas.

“The private jet market has been broken for some time, loaded with unnecessary expense, poor asset utilization and low return on capital, despite the exorbitant costs to its users.” said David Neeleman. “I believe JetSuite will be able to deploy its uniform fleet efficiently following some of the basic rules of low cost carriers, to deliver the availability and low price points that are going to open the industry to large numbers of new corporations, resorts and individuals.”

Content from our partners
A Taste of Europe with AmaWaterways
Elite Traveler Celebrates Stag's Leap Wine Cellars in Beverly Hills
Inside The Chateau, Nemacolin's Reimagined Centerpiece Hotel

Topics in this article : , ,
Select and enter your email address Be the first to know about the latest in luxury lifestyle. Get the latest news on hotel openings and in-depth travel guides. Get insider access to exclusive promotions and special offers from our luxury partners.
Visit our privacy Policy for more information about our services, how Progressive Media Investments may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications.
Thank you

Thank you for subscribing to Elite Traveler.

Websites in our network