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Breaking News

Singapore’s RRJ Leads $600 Million Financial Investment Into Swiss Mogul’s Exclusive Jet Business

Asia Business News
Last updated: July 29, 2025 5:58 pm
By Asia Business News
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Bombardier Global 7500 had and run by Panorama.

Offered by Vistajet

Panorama, an international personal air travel team established by Swiss mogul Thomas Flohr, will certainly increase $600 million from Singapore-based personal equity company RRJ Funding and an investor-led consortium.

New York-based Andalusian personal resources and various other financiers’ brand-new resources will certainly maximize Panorama’s resources framework, improve cost-free capital and minimize financial debt.

” With greater than two decades of sector development, and international procedures in all markets, this calculated financial investment in Panorama notes an interesting brand-new phase in our common trip,” Richard Ong, founder and chief executive officer of RRJ Funding, claimed in a declaration.

RRJ (handling $25 billion in moneying to buy vital sectors) was established in 2011 by Richard Ong (a previous lender of Goldman Sachs) and his sibling Charles, previously the primary financial investment policeman of Singapore state-owned capitalist Temasek. The business has actually purchased air travel, medical care, financing, logistics and modern technology in Asia Pacific, Europe and the USA

” Today’s statement is a solid acknowledgment of our future technique and lasting vision, and likewise supplies us with a great companion for the years in advance,” claimed Panorama Chairman Flohr.

Panorama, which likewise provides New York-based Rhone Funding as its lasting capitalist, has actually been broadening its fleet to record a rise sought after for personal jet solutions worldwide.

Flohr was irritated by the solutions supplied by typical personal jet rental business and established Panorama in Europe in 2004. He rapidly broadened his membership registration for business airplane with a collection of purchases, quickly broadening Panorama. Currently, it has an international fleet of greater than 360 airplane.

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Asia Business News (ISSN: 3079-8531) is a leading international business publication dedicated to delivering in-depth analysis, expert insights, and comprehensive coverage of economic trends, corporate developments, and market dynamics across the Asia-Pacific region and beyond. With a commitment to journalistic integrity and analytical rigor, Asia Business News serves as a trusted source of information for business leaders, policymakers, and investors seeking authoritative perspectives on global commerce, finance, and industry advancements.

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