Private jet firm Flexjet to list in New York amidst growth push

Private jet company Flexjet is listing on the stock exchange, aiming to expand its fleet, network of private terminals and its geographic footprint amid growth in the market for business jet travel.

Flexjet, which offers a subscription-based service and a fleet of over 235 aircraft, will merge with a special acquisition company called Horizon Acquisition Corporation II, and list on the New York Stock Exchange under the ticker symbol “FXJ”.

Private jet flying boomed as a result of the COVID-19 pandemic, with people using it as a way to get quickly and safely to places amidst a lack of commercial flying. In 2022, the long lines seen at airports have also tempted some travelers to try out private flying to avoid flight delays and cancellations.