Flexjet: Private jet giant valued at $4bn after mega funding round

Flexjet, the world’s second-largest private jet company, has been valued at around $4bn (£2.9bn) after securing £800m in new funding. The US firm’s latest funding round has been led by private equity giant L Catterton – which itself is backed by luxury group LVMH. Other backers of the round include KSL Capital Partners and J. [...]