Charter & Fractional
Verijet Eyes Major Investment after SPAC-deal Ends
Verijet anticipates a "significant private investement" and for former Boeing CEO Muilenburg to join its board after a SPAC deal collapsed.
Verijet Cirrus SF50 Vision Jet on airport ramp
Verijet, which is eyeing further investment from the private equity market, operates a fleet of Cirrus SF50 Vision Jets for charter in the U.S. Northeast, Southeast, and West Coast. (Photo: Verijet)

Following the collapse of an arrangement to go public via a special-purpose acquisition company (SPAC), Opa-locka, Florida-based charter operator Verijet is turning to the private-equity market. Former Boeing CEO Dennis Muilenburg is joining its board, “accompanied by significant private investment,” Verijet co-founder and chief experience officer Allison Kane confirmed.

The operator, which provides charter services in the Southeast, Northeast, and West Coast with a fleet of 19 Cirrus SF50 Vision Jets, recently entered a nonbinding letter of intent for a business combination with the SPAC New Vista Acquisition Corp. to go public. But within weeks of the announcement of that agreement on February 1, New Vista Capital opted to liquidate the SPAC, which was led by Muilenburg.

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