CEO Corner | July 14, 2025

Altitude Adjustment: Kenn Ricci on Flying Higher, Smarter, and More Luxuriously

CEO Corner | July 14, 2025
Laura Schreffler
By Laura Schreffler, Editor-in-Chief

Kenn RicciPhoto Credit: Flexjet

Kenneth C. “Kenn” Ricci is one of the most influential names in private aviation — and he’s still gaining altitude. As the principal of Directional Aviation Capital, Ricci oversees a powerhouse portfolio of aviation brands that includes Flexjet (where he also serves as Chairman), Sentient Jet, FXAIR, PrivateFly, Nextant Aerospace, and Constant Aviation. From fractional ownership to charter to tech-forward innovation, Ricci has built a modern aviation ecosystem that reshaped how the world flies private.

A pilot with more than 6,000 hours in the cockpit, Ricci’s passion for aviation runs deep — he even flew President Clinton during the 1992 campaign. His leadership has earned recognition from the likes of Living Legends of Aviation, which honored him with its Lifetime Aviation Entrepreneur Award in 2017 — then renamed the award after him a year later.

But Ricci’s impact extends far beyond business. He’s a major philanthropist whose $100 million gift to the University of Notre Dame stands as the largest unrestricted donation in the school’s history. Through his work with Able Flight and other nonprofits, Ricci continues to open doors—for future aviators, for students, and for anyone ready to take flight.

We sat down with Ricci during the launch of his latest effort, the Riva Volare, a partnership between Flexjet and Ferretti Group, at the gorgeous L’Albereta hotel in Franciacorta the day of the Riva Volare’s debut, to discuss his career trajectory, the Riva Volare, and what he’s got cooking in the skies next.

Kenn RicciPhoto Credit: Flexjet

Flying private really is the ultimate luxury, is it not? 
It’s a little surreal, right? I spend a lot of my life telling people how to do this, what to do, how to make things better, how to keep people safe—and now I have to be the passenger. I’m sort of an impossible passenger because I’ve got my checklist going in my head, and I can’t relax. But it’s also nice, because it’s a reminder of what this is all about. It’s still such a special experience to fly this way.
I think it’s amazing how you’ve made the Flexjet fleet so beautiful, especially with the new launch. How important is design to your customers?
Very. One of the things we say is that private aviation allows people to escape the mundane. We want it to feel unique every step of the way. I think people forget that design influences how you feel—how you carry yourself, how you approach your day. When you walk into a cabin that feels elevated and elegant, your mindset shifts. You don’t want a utilitarian environment. You want an experience.
So it’s about creating something with soul.
Exactly. And that’s something we’re really trying to lean into with the Riva Volare cabin. We were very intentional about creating a mood—a feeling. Riva has such a rich heritage, and that helped guide us. You’re not just boarding a jet; you’re entering a story. We’ve got real wood bulkheads, high-gloss finishes, and leather upholstery that mirrors what you’d see on a Riva yacht. Even the bar setup is bespoke. It’s about creating a sense of place, even when you’re thousands of feet in the air.
It’s a great story. And it’s not just beautiful planes—you’ve worked with brands like Bentley and Riva. Are more collaborations coming?
We’re always exploring. The right partnership can elevate what we’re offering our customers in really interesting ways. But it has to be authentic. Our clients are smart—they know when something is just a logo slapped on a product. That’s not what we’re about. We want meaningful connections. It’s about craftsmanship, heritage, excellence.
Flexjet
Ricci at the ribbon cutting ceremony celebrating Flexjet’s new partnership with Ferretti Group alongside Ferretti Group CEO Alberto Galassi

Photo Credit: Flexjet

And with that, are you seeing younger customers coming into the space?
 Absolutely. It’s a generational shift. Younger people value experiences over things. They want access, not ownership. That’s why fractional ownership works—it’s flexible, efficient, and smart. These customers are also very design-conscious. They notice details. That’s why we care so much about aesthetics, service, and the way everything comes together. It’s not just about getting from point A to B—it’s how you feel while you’re doing it.

You mentioned your checklist earlier. Have you always been that way?
Oh yes. I’m a checklist person. It’s probably from being a pilot. I’ve got a checklist for everything—what to pack, what to review before a meeting, what to look for on a plane. It’s a mindset. I think being detail-oriented is what makes you good in aviation—or in anything, really.

Flexjet
Flexjet Riva hangar display

Photo Credit: Flexjet

Do you ever take a break? Or are you always on?
(Laughs) I try to. My idea of relaxing is probably different from most. I’ll sit down and read a book about aviation history or work on a white paper. But I also love spending time with my family. We have a place in Montana that we go to—that’s where I really unwind.

I imagine you don’t have much time to unwind with Flexjet’s growth. So, what’s next? What’s on your checklist for the next phase of Flexjet?
We’re focused on innovation—both in terms of technology and customer experience. We’re investing in our infrastructure, training, and expanding our fleet. We want to keep raising the bar. Private aviation should be aspirational—but also accessible in a smarter way. That’s our goal.

Which brings me to my last question: do you believe time is the greatest luxury?
Without a doubt. Time is the only thing you can’t buy more of. Private aviation is about giving people their time back. It’s freedom. You can be at your kid’s soccer game and still make that meeting in another city. You don’t have to choose. That’s powerful.
Flexjet
Flexjet Riva Volare helicopter

Photo Credit: Flexjet

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