Oh, And By The Way, Guaranteed WiFi Is Coming", "BREAKING NEWS: Sentient Jet Launches Guaranteed WiFi Jet Card", "Sentient Jet debuts new website; Forecasts $300 million in 2018 jet card sales", https://privatejetcardcomparisons.com/2018/09/05/directional-aviation-buys-u-k-based-charter-broker-privatefly/, https://privatejetcardcomparisons.com/2020/07/29/flexjet-sentient-jet-parent-launches-new-on-demand-private-jet-charter-brand-fxair/, "The Economist, "Business Jets for an Austere Age," October 5, 2011", Directionals-Kenn Ricci Launches a SPAC Targeting Next Generation Aviation Acquisitions, Eve Urban Air Mobility Set to go Public Through Merger With Zanite, United has ordered 515 electric and supersonic aircraft with the first carrying passengers as soon as 2024 take a look at the carrier's fleet of the future, Notre Dame receives first-of-its-kind $100 million unrestricted commitment from entrepreneur Kenn Ricci, "Legacy Magazine, "Solving the Cystic Fibrosis Conundrum," Summer 2010", Notre Dame to get $100 million from alumnus in biggest unrestricted gift ever for university, Kenn Ricci, the University of Notre is the gift that keeps on giving and vice versa, Business Aviation Laureate: Nextant Aerospace, BizAv Game Changer, Directional Aviation principal Kenn Ricci gains elite status, "Flexjet Chairman Kenn Ricci Among Town & Country Magazine's Top 50 Philanthropists", Cleveland-Marshall welcomes new hall of fame class, https://en.wikipedia.org/w/index.php?title=Kenn_Ricci&oldid=1150109162, Cleveland State University College of Law alumni, Articles with dead external links from August 2018, Articles with unsourced statements from October 2022, Creative Commons Attribution-ShareAlike License 3.0, This page was last edited on 16 April 2023, at 10:24. Directional Aviation Principal Kenn Ricci Inducted into the Living Their support for the Cystic Fibrosis Foundation, for example, grew out of their experiences with Mr. Riccis youngest son, Austin, who was born with the disease. In 2005, Kenn led the restructuring of the Mercury Air Centers, a $200 million company operating aircraft support facilities at 24 different airports and sold the Company to Macquarie Infrastructure Trust (MIC) in 2007 in a deal valued at $615 million. [31] By December 2021, it was announced that Zanites acquisition partner would be Eve Air Mobility, a subsidiary of Brazilian aerospace manufacturer Embraer working to bring to market the Eve electric vertical take-off and landing vehicle. Kenneth C. Ricci J.D. Net Worth (2023) | wallmine The cookie is used to store the user consent for the cookies in the category "Other. He is the principal of Directional Aviation Capital, which operates a family of private aviation companies, including Flexjet, Flight Options, Sentient Jet, Sky Jet, Nextant Aerospace, N1 Engines and Constant Aviation. Bentley Motors Website: Extraordinary Journeys: Kenn Ricci - English Not NetJets: Directional Aviation Capital Is A Major Player In - Forbes Later, he graduated the Cleveland-Marshall College of Law. Upon Riccis death, Notre Dame will receive beneficial rights to a limited partnership interest and become the partnerships successor general partner. The event was a big success, raising $1.7 million, far above the charitys $1 million goal. He has assembled one of the largest groups of private aviation companies which together account for over $2.0 billion of revenue, operate over 150 aircraft and employ over 2,000 individuals. He is one of the most respected names in the industry, having received . Mr. Ricci recruited the celebrity chef Emeril Lagasse, a friend from his days working as a private airplane pilot, to cook for the 70 people who bought a seat at the dinner. More information on Kenn Ricci can be found here. You also have the option to opt-out of these cookies. Recent uses of unrestricted gifts include financial aid, areas to further Notre Dames Catholic mission, programs that enhance student life and experiences and uses that strengthen academics by expanding research opportunities. He is one of the most respected names in the industry, having received theLiving Legends of Aviation Lifetime Aviation Entrepreneur Award. However, the life of a private jet pilot wasnt as glamorous as Kenn had imagined. Kenneth Ricci - Address & Phone Number | Whitepages [18] In June 2017, Flexjet announced based on strong sales it was hiring pilots for the first time since 2015. Kenneth Ricci is a 40-year aviation industry veteran who today is a Principal of Directional Aviation Capital which owns various aviation enterprises including Flexjet, Sentient Jet, PrivateFly, Tuvoli, Nextant Aerospace, Stonebriar Commercial Finance, Reva Air Ambulance, Corporate Wings, Simcom and Constant Aviation. To access the call please . Kenn Ricci - Age, Family, Bio | Famous Birthdays Brian and Linda Butlin of Edmonton, Alberta sold the house. 56K Followers, 80 Following, 1,277 Posts - See Instagram photos and videos from Kenn Ricci (@kennricci) The single largest unrestricted guaranteed gift ever committed to the University is being made through a Philanthropic Succession Partnership (PSP), an innovative giving structure developed by Ricci, founder of Directional Aviation Capital, a holding company for aviation companies he has founded or acquired. The 5,541-square-foot home has five bedrooms, five-and-a-halfbathrooms and overlooks the 14th hole of the Chiricahua golf course at Desert Mountain Golf Club. Our involvement with the University has convinced us that Notre Dame makes a difference for the betterment of society, constantly championing the causes of underdogs. MAKE ACKNOWLEDGMENTS AND OTHER COMMUNICATIONS PERSONAL. James and Renee Greenspon of Winnetka, Illinois paid cash through their trusts for a 4,855-square foot home with a pool in the Estates at Gainey Ranch community in Scottsdale. The most active insiders traders include Sponsor Llc Rosen Steven H ., Benefit Life Insurance Co /., and Llc Eldridge Industries, Ll..On average, Zanite Acquisition executives and independent directors trade stock every 158 days with . [32], In May of 2022, Eve Air Mobility went public on the New York Stock Exchange following the company's merger with Zanite Acquisition Corp and has more than 2,000 orders for its aircraft from operators around the world. He graduated fromUniversity of Notre Dameand the Cleveland-Marshall College of Law. Through his connections in Nextant Aerospace, Kenn met several of Hawker Beechcrafts salesmen, including VP of Sales, Bradd Hatt, and . In 2007 he founded Nextant Aerospace, specializing in the remanufacturing of business jets; and Constant Aviation, a leading and rapidly expanding MRO; followed two years later by the creation of Sojourn Aviation, an independent aircraft sales company. I cannot adequately express my gratitude to my friends, Kenn and Pam, for this bold, innovative gift that will impact generations of our students and strengthen the Universitys mission as a truly great, truly Catholic university,said Rev. We also use third-party cookies that help us analyze and understand how you use this website. Mr. Ricci said he and his wife decided to structure the gift this way to avoid succession problems at his company and discourage the feuds families sometimes have when the founder of the family business dies. [26] In July 2020, Ricci announced FXAIR as a new upmarket private jet charter brand. [3] The firm was named to the Inc. 500 list of America's fastest-growing companies. He earned his juris doctorate degree from Cleveland-Marshall College of Law, where he was named distinguished alumnus of the year in 2016, honored for his . Bill Gates, Steve Jobs, and Mark Cuban were also His acquaintances. Directional's Kenn Ricci Launches A SPAC Targeting Next - Forbes We wanted our kids to have enough money to do something but not enough money to do nothing, said Mr. Ricci. He also earned a law degree in 1986. Prestigious Aviation Award Named After Constant Aviation Chairman The University will hold the controlling interest and have responsibility for the valuation, liquidation and distribution of the partnerships assets, providing incentive to maximize their value. As part of the first consolidation of its aviation companies, Directional Aviation combined the charter brokerage operations of its Flexjet, Flight Options and Sentient Jet companies under the Skyjet brand name, which it had acquired from Bombardier as part of the Flexjet transaction. Kenn was honored as an Ernst & Young Entrepreneur of Year in 2000 and has been named one the most influential people in aviation by Aviation International News. Finally, in September 2018 PrivateFly joined Directionals OneSky family of flight providers. In September 2018, Directional Aviation announced it had acquired charter broker PrivateFly and would house it within OneSky LLC, which includes Flexjet, SentientJet, and Skyjet. John I. Jenkins, C.S.C., president of the University. [43], In 2017, Ricci was named a recipient of the Living Legends of Aviation Lifetime Aviation Entrepreneur Award.
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