An investment group led by LVMH’s private equity arm is buying 20% of private jet company Flexjet. L Catterton, the private equity firm backed French luxury giant LVMH, is leading an $800 million investment in Flexjet that will also include brand partnerships and collaborations. The deal highlights the luxury industry’s rapid expansion into the experience economy as wealthy consumers increase their spending on travel, dining and special events. A FlexJet Gulfstream G450 airplane approaches San Diego International Airport for a landing on May 9, 2025 in San Diego, California. Kevin Carter | Getty Images News | Getty Images
An investment group led by LVMH’s private equity arm is buying 20% of private jet company Flexjet, marking the latest push by the luxury industry to expand into travel.
L Catterton, the private equity firm backed French luxury