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Flightserv.com

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The leading provider of access to single seat travel on private jets

Irving, United StatesFounded 1999Aviation
Valuation $250–500M Last recorded · 2000
Total funding $50–100M Disclosed equity funding
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About Flightserv.com

FlightServ, established in 2017, operates as an independent Fixed-Base Operator (FBO) at Trenton-Mercer Airport (KTTN) in Ewing, New Jersey. The company was founded by Jon Gruelle, CEO, and Paul Weiss, President, who are also part of the leadership of its sister company, Aviation Charters. This background in charter operations provides the management team with a distinct perspective on the needs of flight crews and passengers. Gruelle is a second-generation pilot with extensive business leadership experience, while Weiss is an Airline Transport Pilot and an A&P Mechanic/IA with over a decade of leadership in air carrier operations.

The company's primary business is providing comprehensive ground support services for private and corporate aircraft. This includes aircraft fueling (Jet A and Avgas), hangar services with heated space available, and various line support functions such as ground power units, lavatory service, and oxygen services. FlightServ generates revenue by selling fuel, leasing hangar and office space, and charging fees for its array of aeronautical services. The business caters to a clientele of private aircraft owners, corporate flight departments, and charter operators who require ground handling and passenger amenities. Its location between Teterboro and Northeast Philadelphia makes it a convenient alternative to congested metropolitan airports for those visiting prominent businesses or Princeton University.

A significant milestone for FlightServ was the development of a new corporate jet facility, which opened in December 2022. After acquiring a 22-acre lease from Mercer County, the company constructed a 110,000-square-foot complex. This state-of-the-art facility features an 80,000-square-foot heated hangar capable of housing large-cabin jets like the Gulfstream G650ER and Bombardier Global 7500. The terminal offers amenities such as dedicated pilot and passenger lounges, snooze rooms, a catering kitchen, conference rooms, and concierge services for ground transportation and hotel accommodations.

Source: Dealroom company data

At a glance

Status
Operational
Founded
1999
Headquarters
Irving, United States
Open positions
None listed
Dealroom signal
18.3/100
Industry
Transportation
Sub-industry
Mobility
Sector
Aviation, Aviation and Aerospace
Client focus
b2c
Links
Website

Funding history

1 recorded event

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
LATE VCOther financing Jan 2000 $60M $239M Acqua Wellington Asset Management —
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Growth signals

Flightserv.com website traffic

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Investments and acquisitions

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Investors

1 investor on the cap table

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Series B and later1 investor entered at this stage

  • Acqua Wellington Asset Management
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Global footprint

Workforce and web traffic by country
Workforce by country
🇺🇸 United States · Irving HQ
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Market sentiment

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