Aviation
Qatar Airways Announces Investment In JetSuite
International aviation leader joins JetBlue Airways and private investors in fueling the future of private and semiprivate aviation
Qatar Airways, the national airline of the State of Qatar and one of the world’s fastest-growing airlines, and JetSuite, a leading U.S. private aviation company, announced in the presence of the Qatari Minister of Finance and Chairman of Qatar Airways, His Excellency Ali Sharif Al Emadi 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 under-served 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.
-
News1 month agoINVESTIGATION: Why Nokia Could Matter More in the Quantum Age Than It Ever Did in Mobile
-
Investment2 months agoWhy Are Tech Stocks Rising Again – And Is It Too Late To Invest In Them?
-
News2 months agoINVESTIGATION: Is AI in a Bubble? Inside the Trillion-Dollar Question Reshaping Global Markets
-
News1 month agoThales & Ankaa to Deliver Multi-Mission Air Traffic Surveillance Radars for Oman, Capable of Supporting Civil & Military Operations
-
Banking & Finance2 months agoSohar Islamic Launches Exclusive Infinite Credit Card for HNWIs in Oman
-
Economy2 months agoOMIFCO Successfully Completes Bookbuilding & Sets Final IPO Offer Price
-
Economy2 months agoWhat Higher Oil Prices Mean for Oman’s Economy in 2026
-
Business1 month agoOman India Fertiliser Company Lists on Muscat Stock Exchange

You must be logged in to post a comment Login