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Flexjet Buys The Jet Business: What Broker Consolidation Means for Charter Buyers

Steve Varsano’s London brokerage joins Flexjet as Kenn Ricci expands the fractional giant’s sales and aircraft trading arm. Planning notes for buyers comparing broker quotes.

Industry story · Researched and reviewed by Flight Ops HQ editorial team. Last reviewed June 2026. How we create content.

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Source reporting

Corporate Jet Investor · Alasdair Whyte · June 12, 2026

EXCLUSIVE: Flexjet buys Steve Varsano’s The Jet Business

Summaries are drawn only from the cited news article. Analysis sections are labeled editorial and do not add facts beyond the source.

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Summary

What was reported

Corporate Jet Investor reports that Flexjet has acquired The Jet Business, the London brokerage founded by Steve Varsano, who will become president of Flexjet. Varsano’s firm is widely known through social media reach, including roughly 2.5 million TikTok followers and about 392,000 Instagram followers according to the piece.

Flexjet chairman Kenn Ricci told CJI he enjoys working with professionals who bring energy and a competitive advantage. The Jet Business will operate alongside Flexjet’s existing FXSolutions aircraft brokerage, sharing back-office functions while trading as separate brands.

Varsano’s role will include sourcing and disposing of aircraft for Flexjet, plus product innovation and international growth, the company said. Transaction terms were not disclosed.

Flexjet already maintains a European headquarters in Mayfair, about a ten-minute walk from The Jet Business showroom. CJI notes Flexjet expects to open a new private jet terminal at London Farnborough Airport in time for the Farnborough Airshow in July.

The Jet Business clients will gain access to Flexjet Solutions, a service bundling operational support, pre-purchase inspections, maintenance infrastructure, aircraft-on-ground response, and aircraft management from other Flexjet units.

Varsano opened his London showroom in 2012 after selling aircraft since the early 1980s, with an earlier career stop at GAMA in Washington. CJI describes his showroom as a destination in itself and notes his most-watched social video has been viewed more than 35 million times.

The reporting frames the deal as combining Varsano’s advisory and research brand with Flexjet’s fractional and management platform at a moment when luxury aviation brands are competing for visibility and fleet utilization.

Flight Ops HQ take

What this means for private aviation planning

This is editorial analysis for trip planners, not investment or operational advice. Charter figures on this site remain planning estimates, not quotes.

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Common questions

Does this deal change Flexjet charter pricing overnight?

Not automatically. CJI reports brand and leadership integration, not public rate tables. Your proposal still depends on aircraft, dates, and routing.

Should I book through The Jet Business or FXSolutions now?

The article says both brands continue separately with shared back office. Compare quotes on normalized line items, not brand familiarity alone.

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Last reviewed June 2026. Estimates use planning assumptions that we revisit periodically.