Miami private-jet firm launches yacht division

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Apollo Jets in Miami said it has started a new division called Apollo Yachts. It will handle brokerage, yacht management and luxury charters. The company said it formed the division after acquiring Cambridge Yacht Group. That, according to a statement, gives it “significant experience and branding” in the yachting industry.

“Apollo Jets has been in business for over 10 years facilitating travel for the highest class of clientele from the sports, entertainment and corporate worlds with best in class brokerage service,” said the statement. “This unequaled experience, reputation and reliability will be brought to the yacht industry.”

The company said its new division will operate out of Miami and Boston.