Los Angeles Archives | Corporate Jet Investor https://www.corporatejetinvestor.com/place/los-angeles/ Events | News | Opinions Tue, 14 May 2024 16:12:20 +0000 en-US hourly 1 Signature Aviation makes LAX FBO 100% sustainable with blended SAF https://www.corporatejetinvestor.com/news/signature-aviation-makes-lax-fbo-100-sustainable-with-blended-saf https://www.corporatejetinvestor.com/news/signature-aviation-makes-lax-fbo-100-sustainable-with-blended-saf#respond Tue, 14 May 2024 15:36:00 +0000 https://www.corporatejetinvestor.com/?post_type=news&p=150381 World’s largest operator of private jet terminals Signature Aviation announced that it has replaced all their jet fuel with a 30% blend of eco-friendly sustainable aviation fuel (SAF) made by Neste at its Los Angeles facility (KLAX). The Los Angeles facility joins Signature’s San Francisco FBO which has already made the switch to 100% SAF. ... Signature Aviation makes LAX FBO 100% sustainable with blended SAF

The post Signature Aviation makes LAX FBO 100% sustainable with blended SAF appeared first on Corporate Jet Investor.

]]>
World’s largest operator of private jet terminals Signature Aviation announced that it has replaced all their jet fuel with a 30% blend of eco-friendly sustainable aviation fuel (SAF) made by Neste at its Los Angeles facility (KLAX).

The Los Angeles facility joins Signature’s San Francisco FBO which has already made the switch to 100% SAF.

“This is a transformative time for Signature, and our partnership with Neste is helping us take another significant step towards net zero by providing a 100% supply of blended SAF at our Los Angeles location,” said Derek DeCross, company’s chief commercial officer.

“This collaboration exemplifies how we’re working together with both our guests and our partners to accelerate the adoption of environmentally friendly practices and paving the way for a more sustainable future in aviation.”

Signature said that customers who don’t want to pay the SAF price that it won’t affect them as the premium will be transferred to the book and claim system.

The system allows customers to buy SAF credits at any Signature location globally, paying the price difference. They’ll get environmental credit, but the actual eco-friendly fuel will be used by another plane elsewhere, like in Los Angeles where it’s available.

The operator recently passed the 30m gallon mark in terms of total SAF delivered throughout its network.

The post Signature Aviation makes LAX FBO 100% sustainable with blended SAF appeared first on Corporate Jet Investor.

]]>
https://www.corporatejetinvestor.com/news/signature-aviation-makes-lax-fbo-100-sustainable-with-blended-saf/feed/ 0
Aero raises $65m for expansion https://www.corporatejetinvestor.com/news/aero-raises-65m-for-expansion https://www.corporatejetinvestor.com/news/aero-raises-65m-for-expansion#respond Fri, 19 Aug 2022 11:55:34 +0000 https://www.corporatejetinvestor.com/?post_type=news&p=139700 Semi-private charter company Aero Technologies, based in San-Francisco, has raised $65m in capital, taking it up to a $300m valuation.

The post Aero raises $65m for expansion appeared first on Corporate Jet Investor.

]]>
Semi-private charter company Aero Technologies has raised $65m in capital, taking it up to a $300m valuation.

The San-Francisco-based company, which offers aircraft that can be booked exclusively by a group or per seat, raised $50m in Series B funding and $15m in convertible notes. The funding round was co-led by European alternate investment firm AlbaCore Capital Group and returning investors Expa and Keyframe Capital, with new investment from Capital One Ventures.

The group said the Series B funding will be used to drive the company’s global market expansion and to meet increased demand on existing routes. Currently, clients can fly from Los Angeles and San Francisco to destinations like Aspen, Sun Valley and Colorado and from London Farnborough to the Greek island Mykonos, Ibiza and Nice.

With a fleet of ERJ135 16-seater jets and 13-seater Legacy 600s, Aero allows customers to travel with a dedicated concierge service in direct, premium flights via private terminals, offering quicker journeys to popular leisure destinations.

“Aero’s success over the last few years highlights that customers in both the US and Europe have been waiting for the Aero travel experience,” said Uma Subramanian, CEO, Aero. “Aero is growing fast and we look forward to bringing the Aero experience to new markets in the coming months.”

“Aero has consistently delivered an unforgettable flying experience and proven to be a leader in the next chapter of premium air travel,” said John Rapaport, chief investment officer, Keyframe Capital. “Aero has built a recognisable brand and a thoughtful jet service that customers love. We are excited to continue building upon Aero’s successes and to be by their side to develop next-level global air travel experiences.”

Aero, which was launched in Europe in 2019 and in the US in 2021, claims all its seats on its bespoke black jets are “first-class seats”. The company has a range of partners including W Hotel Aspen, Black Tie Ski Rentals and Wally’s Wine and Spirits.

The post Aero raises $65m for expansion appeared first on Corporate Jet Investor.

]]>
https://www.corporatejetinvestor.com/news/aero-raises-65m-for-expansion/feed/ 0
Travelling through LAX gets a whole new meaning for JetSmarter members https://www.corporatejetinvestor.com/news/travelling-through-lax-gets-a-whole-new-meaning-for-jetsmarter-members Wed, 06 Jun 2018 16:24:22 +0000 http://192.168.192.229/corporate-live/?p=109381 Fort Lauderdale, FL  – The world’s largest private aviation community, JetSmarter, is adding a new offering to its ever-growing menu of lifestyle benefits – this time for commercial airport travellers. JetSmarter membership now includes complimentary access to The Private Suite at LAX for a head-of-state-style travel experience. The Private Suite at LAX is a private ... Travelling through LAX gets a whole new meaning for JetSmarter members

The post Travelling through LAX gets a whole new meaning for JetSmarter members appeared first on Corporate Jet Investor.

]]>
Fort Lauderdale, FL  – The world’s largest private aviation community, JetSmarter, is adding a new offering to its ever-growing menu of lifestyle benefits – this time for commercial airport travellers. JetSmarter membership now includes complimentary access to The Private Suite at LAX for a head-of-state-style travel experience.

The Private Suite at LAX is a private terminal situated away from the main airport traffic, offering onsite TSA as well as Customs and Immigration screening for commercial fliers, with no lines. Guests enter the airport via a gated entrance and are escorted to their own well-appointed suite complete with a stocked food pantry, private bathroom, two-person daybed, runway view, and on-call attendant. As guests unwind and enjoy the comfort of their suite, all check-in formalities are attended to and luggage is hand delivered to the planeside crew. When time to board, guests go through private pre-flight TSA screening and are driven across the airfield directly to their waiting aircraft.

Inbound passengers landing at LAX are met planeside and driven across the airfield to The Private Suite. International travelers clear Customs and Immigration in a private onsite lounge just steps from their waiting car and the gate leading out of the airport. The service is available to those traveling domestically and internationally, both in and out of LAX.

“We’ve found that many of our members fly private jets on short-haul trips around the US.  However, those same customers tend to utilize commercial airlines and the first-class cabin when they head overseas.  JetSmarter is a great match for The Private Suite.  Their members are searching for ultimate ease and seamless logistics, and we’ve been able to accomplish that at one of the Nation’s busiest airports,” said The Private Suite’s Co-Founder Joshua Gausman.

JetSmarter members enjoy a complimentary membership to The Private Suite at LAX, granting them access to book services at special rates; reserved exclusively for members paying the annual fee of $4,500. Additionally, Sophisticated members also receive a complimentary VIP experience (valued at $3,000).

The Private Suite is just one of the many perks of a JetSmarter membership.

The post Travelling through LAX gets a whole new meaning for JetSmarter members appeared first on Corporate Jet Investor.

]]>