Private jet charter company JetSuite and Mosaic Leasing announced an agreement to finance a portion of JetSuite’s growing fleet of Embraer light jets. JetSuite has ordered a total of 50 firm and 50 options on Embraer Phenom 100 light jets. The company plans to launch operations from Los Angeles and Las Vegas next year with a fleet of 11 jets and then add two aircraft per month to broaden service in the western United States, Alaska, Canada and Mexico.
Mosaic Leasing Limited is an Irish investment fund supporting financing for light jet fleets.