Jet Edge International announces $150m investment from KKR

KKR has agree to provide a credit facility of up to $150 million Jet Edge International, a full-service private aviation company responsible for operating the largest fleet of managed Challenger and Gulfstream aircraft in the United States. The funding will be used to support the acceleration of the company’s broad infrastructure, digital initiatives, Reserve membership, and comes as Jet Edge rolls out its AdvantEdge charter management platform nationwide. Aimed at substantially optimizing the inefficiencies found in the private aviation industry’s existing ownership and charter management procedures, AdvantEdge simplifies and enhances the financial predictability for whole ownership of large cabin and