Monday, July 22, 2024

Strategic Partnership Announcement at Venice Boat Show

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Ferretti Group and Flexjet Join Forces to Enhance Luxury Offerings

In a move geared towards mutual growth in the upscale market segment, Ferretti Group and Flexjet have recently announced a strategic partnership. The collaboration was unveiled at the Venice Boat Show, where Ferretti Group showcased a dazzling array of 10 models, featuring the world premieres of the Custom Line Navetta 38 and Pershing GTX 80.

The partnership between these two industry leaders brings together Ferretti Group’s expertise in luxury yacht construction with Flexjet’s top position in private aviation. This synergistic alliance caters to Ultra-High Net Worth Individuals (UHNWIs), providing them with exclusive privileges and access to unique events. Both companies are driven by a shared commitment to excellence in performance, design, and service.

Under the terms of the agreement, Ferretti Group clients will have the opportunity to utilize Flexjet’s extensive global fleet of over 300 private jets and helicopters, including prestigious models like the Gulfstream G650, Praetor 600, and Sikorsky S-76 throughout Europe. Clients will also benefit from access to Flexjet’s private terminals in key locations such as Teterboro (New York), Naples (Florida), and Van Nuys (California).

In turn, Flexjet clients will enjoy VIP access to various global boat shows, private tours of Ferretti Group’s Riva shipyard, and preferential terms on Riva Brand Experience products and accessories. The partnership promises joint participation at international boat shows and prestigious events such as Ferretti Group’s Private Preview in Monaco and Flexjet’s VIP viewing experience at the Palio di Siena.

Furthermore, the collaboration will include the creation of a Riva-inspired interior for one of Flexjet’s Gulfstream G650 aircraft, reflecting the bespoke LXi Cabin Collection interiors that Flexjet is renowned for.

Alberto Galassi, CEO of Ferretti Group, expressed his enthusiasm for the partnership, stating, “Venice is the ideal showcase to celebrate this important agreement, as people who enjoy cruising on Ferretti Group yachts expect nothing but absolute excellence when they fly. We are thrilled to align with Flexjet, a partner that shares our passion for delivering increasingly rewarding experiences to customers.”

Kenn Ricci, Chairman of Flexjet, also lauded the partnership, remarking, “This exciting collaboration combines decades of expertise and luxury brand power from leaders in complementary sectors to offer today’s UHNWI audience exclusive and unique advantages. I have long admired Ferretti Group’s philosophy, and together, we understand what it takes to provide a truly exceptional luxury experience. I look forward to seeing how this strategic alliance will elevate our offerings to even greater levels of excellence.”

The partnership between Ferretti Group and Flexjet promises to redefine luxury experiences for their discerning clientele, setting new standards of opulence and exclusivity in the industry.

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