This website uses cookies
More information
Business Air News
Business Air News
The monthly news publication for aviation professionals.

Why visit ACE ’24?

Related background information from the Handbook...


BAN's World Gazetteer

The monthly news publication for aviation professionals.

Request your printed copy

Verijet secures $85m of working capital investment
The funds will facilitate Verijet's expansion, solidify its market presence and enable it to continue its mission to innovate.
Read this story in our January 2024 printed issue.

Cirrus Vision Jet fleet operator Verijet has sold a substantial stake to investment fund Solaino for $85 million. This initial capital injection positions the operator for accelerated development, market expansion and enhanced innovation while leveraging the financial acumen and global reach of Solaino to drive technological advancement.

CEO Richard Kane says: "We welcome Solaino's investment as a significant step in our growth journey. The working capital infusion will facilitate our expansion, solidify our market presence and continue our mission to push the boundaries of innovation."

"Solaino is excited to announce its partnership with Verijet, an organisation that shares our commitment to innovation and growth," says spokesperson Kyal Erikson. "Our investment reflects our belief in Verijet's potential to shape the future of transportation. Together, we aim to support its vision and provide the resources required to bring its transformative technologies to a global audience."

Other News
John Wayne airport recognises Fly Friendly winners for 2023
May 24, 2024
The initiative, aimed at reducing noise and encouraging sustainable aviation practices, marks its second year promoting community-friendly operations.
Garcia joins Volato as EVP of sales
May 20, 2024
Jet Access starts year with extra capability
March 21, 2024
Three charter additions are just the start of this year's intake, and they allow the operator to meet demand for trips from the Midwest and New York City to Southern Florida.
Twin Jet prepares 1900Ds for Garmin G950 retrofit
March 20, 2024
The FAA PMA approved kits will include an EASA-approved STC issued by parent company AeroMech for the G950 modification, along with all required structural and electrical parts.