JetBlue invests in private jet operator JetSuite
Sunday, 26 Oct, 2016
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JetBlue Airways has announced an investment in Irvine, CA based private jet operator JetSuite.
The carrier has spent an undisclosed sum that will ‘allow us to accelerate our growth,’ said JetSuite CEO Alex Wilcox.
Wilcox is a former executive at JetBlue.
The investment is significant enough to give JetBlue a seat on JetSuite’s board of directors.
"JetBlue and JetSuite share a passion for delivering a high-quality customer experience at a competitive price point in underserved markets. Our investment in JetSuite makes sense as we continue to execute on our West Coast plan and invest in innovative ideas that reflect the disruptive spirit of JetBlue," said JetBlue CEO Robin Hayes.
JetSuite offers scheduled services within California between Burbank, San Jose, Carlsbad, Concord and Mammoth, and to Las Vegas.
It flies 30-seater executive jets as a public charter service from private air terminals.
It is being described as a strategic investment by JetBlue.
"We can bring to JetSuite great access to a bigger customer base and distribution," Hayes said.
JetBlue’s TrueBlue loyalty members can already earn points for JetSuite flights.
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