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Flexjet Acquires Constant Aviation

February 23, 2023, 07:10 AM
Filed Under: Mergers & Acquisitions

Flexjet, a provider in subscription-based private aviation, announced it has acquired Constant Aviation, a provider of aviation maintenance, repair and overhaul (MRO) services.

Flexjet offers fractional jet ownership and leasing. Flexjet’s helicopter division sells fractional, lease and on-demand charter access to its fleet of owned, operated and maintained Sikorsky S-76 helicopters.

“Integrating Constant Aviation into Flexjet is part of an overriding strategic vision to differentiate Flexjet among its competitors at the most fundamental level. Typically, other companies in our space rely largely on third-party providers to meet their global product support and maintenance needs. This not only limits their overall ability to meet the needs of their customers, but it also takes control away from operators and limits their ability to deliver the highest possible levels of service,” said Jay Heublein, Flexjet Senior Vice President of Maintenance. “This historic move by Flexjet represents one of the most significant infrastructure investments in the history of our industry.”

Flexjet’s fleet grew by 40 percent in 2022, bringing additional demands for maintenance services. Integrating Constant into Flexjet will address this need, adding capabilities including:

  • Complete airframe, engine and avionics maintenance capability
  • Industry-leading paint and interior modification and refurbishment capability
  • Advanced in-house engineering and avionics installation
  • Heavy maintenance, engine and component overhaul
  • Damage repair, composite and sheet metal repairs and non-destructive testing
  • Parts support and distribution

As part of the transaction, Flexjet will acquire Constant’s facilities at Cleveland Hopkins International Airport (ICAO: KCLE) and Orlando Sanford (Florida) International Airport (ICAO: KSFB). Flexjet plans to build new facilities at Sanford, significantly expanding its maintenance footprint in the heart of Florida’s high-volume private jet travel corridors, to a total of 220,000 square feet. Flexjet’s maintenance facility footprint now covers 650,000 square feet in Cleveland, OH; Teterboro, NJ; Naples, FL; Dallas, TX; White Plains, NY; Sanford, FL; and Morgantown, WV.

Flexjet also gains dedicated access to Constant’s nationwide AOG (Aircraft on Ground) mobile response network, with teams deploying from 28 U.S. locations and the capacity to serve the entire continental U.S. and Caribbean markets. The teams can respond to maintenance requests from aircraft at multiple airports in every region that lacks dedicated facilities.

“With Constant’s unique capabilities, along with a proprietary Aircraft on Ground network to handle real-time aircraft issues, Flexjet is not dependent on third-party maintenance to keep its fleet flying regardless of location or conditions,” said Heublein.

Constant Aviation recently expanded its MRO capabilities beyond its portfolio of business jets and other fixed-wing aircraft to include rotorcraft such as helicopters, drones and other commercial Unmanned Aircraft Systems (UAS). Accordingly, it will be able to support Flexjet’s new private helicopter division, which operates in the U.S. in the Northeast and South Florida and in Europe based out of London, U.K.

All of Constant’s existing team members will join Flexjet and, in addition, Flexjet plans to hire nearly 200 more technicians over the next 12 months.

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