Charter & Fractional
KKR Invests $40 Million More in Jet Edge
KKR's $40 million preferred equity investment in charter operator Jet Edge International follows a $150 million investment in June.
Jet Edge International recently added 27 aircraft to its new Advantage charter management program fleet, which comprises Bombardier Challenger and Gulfstream jets. (Photo: Jet Edge International)
Jet Edge International recently added 27 aircraft to its new Advantage charter management program fleet, which comprises Bombardier Challenger and Gulfstream jets. (Photo: Jet Edge International)

KKR will invest an additional $40 million in Jet Edge International to support the growth of the charter operator’s technology and infrastructure, aircraft fleet, and Reserve membership program, the investment firm announced today. It follows a $150 million credit facility from KKR to support the launch in June of the Columbus, Ohio-based company’s AdvantagEdge charter management program, which recently added 27 aircraft.