Fund I

Own the aircraft. Run the operation.

Business Jet Fleet · Fractional & Membership · $6.040B committed capital · Delaware LP.

Thesis

What Fund I owns.


7NINE77 Fund I owns and operates the flagship business-jet fleet — light, midsize, super-midsize and heavy. Aircraft are held on-balance-sheet inside the fund and dispatched through the 7NINE77 operating certificate. Revenue comes from three streams: fractional shares, jet-card membership, and on-demand charter.

Fleet is the highest-visibility layer in aviation, but historically the lowest-return, because operators finance fixed cost and sell variable revenue. Fund I inverts that: we underwrite utilization first, size the fleet to demand, and treat schedule as the product.

Fund Terms

Consistent across the platform.

VehicleDelaware LP
Committed Capital$6.040B
Preferred Return8%
Carried Interest20%
GP Catch-up100%
LP Minimum$5M
Term10 yr + two 1-yr extensions
Operating KPIs

What we measure.

Target Net IRR14–16%
Fleet Utilization Target1,000+ hrs/yr per tail
Dispatch Reliability≥ 98.5%
Safety StandardARGUS Platinum
Own the aircraft. Run the operation.
Fund I · Business Jet Fleet · Fractional & Membership
Discuss Fund I

Investor Relations.

For institutional LPs, family offices, and corporate flight departments considering an allocation.