Fly Exclusive

What Fly Exclusive does

flyExclusive is a vertically integrated private aviation company headquartered in Kinston, North Carolina, that operates, manages, and maintains a fleet of Citation light and super-midsize jets, Bombardier Challenger 350 aircraft, and Cessna Caravan turboprops for charter, membership, and fractional ownership customers across the United States, Canada, and the Caribbean. The company was founded in 2015, traces its aviation roots to founder Thomas James Segrave Jr.'s earlier venture Segrave Aviation (founded 1993, sold to Delta Air Lines in 2010), and became publicly traded on NYSE American (ticker FLYX) in December 2023 through a SPAC merger with EG Acquisition Corp. flyExclusive differentiates itself through in-house maintenance, repair, and overhaul (MRO) capabilities including scheduled and unscheduled maintenance, avionics, interiors, painting, and Mobile Service Units for rapid aircraft-on-ground response, alongside top-tier safety certifications (ARG/US Platinum, Wyvern Wingman, IS-BAO Stage 2) that place it among the top 5% of operators by safety accreditation. The company is also an authorized SpaceX Starlink aviation connectivity dealer and installer.

Revenue is generated across five primary streams: on-demand private jet charter, Jet Club subscription membership with 24-month locked hourly rates and no fuel surcharge, fractional aircraft ownership with share-based pricing, full-service MRO work for both the internal fleet and third-party operators, and aircraft sales and management services. A proprietary aircraft schedule optimization technology called the Contrails Flight Management System is being launched to other Part 135 operators at no cost in Q2 2026 with a patent application filed in March 2026, signaling an emerging platform strategy beyond direct flight services. The customer base consists primarily of high-net-worth individuals, corporate clients, and frequent business travelers, with luxury co-marketing partnerships (Inspirato, Pardo Yachts) extending reach into adjacent affluent segments. Seaplane operations from Miami, Fort Lauderdale, and Palm Beach provide a differentiated distribution channel into Bahamas and Caribbean island resorts via amphibious aircraft.

Name

Fly Exclusive

Legal name

Exclusive Jets, LLC dba flyExclusive

Website

https://flyexclusive.com

Company type

Public

Founded year

2015

Operating status

Operating

Headcount range

501–1,000 employees

Short description

flyExclusive is a vertically integrated private aviation company offering charter, Jet Club membership, fractional ownership, MRO services, and seaplane operations to high-net-worth individuals and corporate clients across the US, Canada, and the Caribbean.

Ownership category

akta.pro rank

Product category

Private Aviation Services

NAICS

Nonscheduled Chartered Passenger Air Transportation (481211), Nonscheduled Air Transportation (48121)

SIC

Air Transportation, Nonscheduled (4522)

akta.pro primary industry

Business Jet Charter (On-Demand) (THABAFAA)

akta.pro secondary industries

Jet Card & Membership Programs (THABAFAB), Aircraft Management & Part 135/135-equivalent Operators (THABAFAD), Private Jet Charter (Midsize/Super-Midsize/Heavy Jet) (TLAFABAB)

Keywords

• Private jet charter
• Fractional aircraft ownership
• Jet club membership
• Aviation MRO services
• Business aviation operations

Headquarters

HQ city

Kinston

HQ country

United States

HQ region

North America

Offices5 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Operations, Personnel, Infrastructure, Supply Chain, Technology or R&D, Marketing or Sales

Revenue model

1. Private Jet Charter: On-demand charter services providing access to the company's owned and operated fleet of Citation and Challenger aircraft for one-time or occasional trips. Revenue is generated on a per-flight basis with pricing based on aircraft type, distance, and duration.
2. Jet Club Membership: Subscription-based membership program offering guaranteed access to the fleet with locked hourly rates for 24 months and no fuel surcharges. Features daily plus hourly pricing model with two membership tiers, designed for frequent flyers seeking cost predictability.
3. Fractional Aircraft Ownership: Customers purchase shares in dedicated aircraft with full operational support from flyExclusive. Provides consistency and reliability of a large owned and operated fleet with fractional pricing based on aircraft type and share size.
4. MRO Services: Full-service maintenance, repair and overhaul operations including scheduled maintenance, avionics upgrades, interior refurbishment, painting, and Mobile Service Unit (MSU) rapid response. Services available to both internal fleet and external operators.
5. Aircraft Sales and Partnership: Aircraft inventory sales and Aircraft Partnership Program allowing owners to offset ownership costs via charter revenue while maintaining fleet access.

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels5 records

Core offering

Fly Exclusive is a vertically integrated owner/operator of private jet experiences offering Jet Club membership, fractional aircraft ownership, on-demand charter, and seaplane services from Florida to the Bahamas and Caribbean. The company operates a fleet of Citation, Challenger, and Caravan aircraft and supplements flight services with full-service MRO capabilities (maintenance, avionics, interiors, painting, Mobile Service Units) for its own fleet and third-party operators, plus authorized Starlink aviation connectivity installation.

Product overview

flyExclusive is a vertically integrated private aviation company offering a portfolio of private jet services including Jet Club membership, Fractional Ownership, Custom Charter, and Seaplane operations. The company operates a diverse fleet of Citation jets (CJ3, CJ3+, Excel/XLS, Sovereign, Citation X) and Bombardier Challenger 350 aircraft, plus Cessna Caravan turboprops for seaplane operations. Beyond flight services, flyExclusive provides MRO (maintenance, repair, overhaul) capabilities including avionics, interiors refurbishment, painting, and Mobile Service Units. The company has expanded into technology offerings including its proprietary Contrails Flight Management System for flight scheduling optimization and Starlink aviation connectivity installation services. flyExclusive became publicly traded on NYSE in December 2023.

Differentiator

Problem solved

Functional benefit

Brands

• Jet Club: Membership program with guaranteed access to fleet, hourly rates locked for 24 months, no fuel surcharge
• Contrails Flight Management System
• Jet Club 2026

Products and services

• Jet Club Membership Subscription-based membership program offering guaranteed access to flyExclusive's fleet of Light, Mid, and Super-Mid aircraft, with hourly rates locked for 24 months, no fuel surcharges, no blackout days, and two membership tiers using a daily plus hourly pricing model. Designed for frequent flyers (50+ hours annually) seeking predictable pricing.
• Fractional Ownership Customers purchase shares in dedicated aircraft with full operational support from flyExclusive, providing consistency and reliability of a large owned and operated fleet with pricing based on aircraft type and share size. Includes Aircraft Partnership Program option to offset ownership costs via charter revenue.
• Custom Charter
• Seaplane Operations
• MRO Services Full-service maintenance, repair, and overhaul operations including scheduled and unscheduled maintenance, avionics upgrades, interior refurbishment, painting, and Mobile Service Unit (MSU) rapid AOG response. Available to internal fleet and external aircraft owners and operators.
• Aircraft Management
• Aircraft Partnership Program
• Aircraft Sales
• Contrails Flight Management System Proprietary aircraft schedule optimization technology designed to improve scheduling and disruption recovery efficiency, being offered to other Part 135 operators at no cost starting Q2 2026.
• Starlink Aviation Connectivity (Sales and Installation) Authorized dealer and installer for SpaceX's Starlink high-speed, low-latency aviation connectivity system. Available for flyExclusive's own fleet and as a sales/installation/support service for third-party aircraft owners and operators through the MRO division.
• International Charter Services

Quantifiable outcome

• Revenue growth of approximately 15% year-over-year to $374-378 million in FY 2025
• +4 more outcomes

Named customers2 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

Feature3 records

Partnerships

Four partnerships are on record, tiered core, major and strategic.

• SpaceX StarlinkcoreTechnology or Integration · 8 January 2026flyExclusive signed an authorized dealership agreement with SpaceX to become a certified dealer and installer for Starlink's high-speed, low-latency aviation connectivity system. Installation on flyExclusive's Challenger 350 fleet began in early 2026, with services also extended to third-party operators through the MRO division.
• Jet.AI Inc.majorStrategic or Co-development Partner · 14 February 2025Pending merger agreement where Jet.AI will spin off its aviation assets into SpinCo, which will merge into flyExclusive. The all-stock transaction, valued between $12 million and $22 million, will expand flyExclusive's fleet with Citation and HondaJet aircraft. Jet.AI will pivot to AI infrastructure and data center business post-merger.
• InspiratostrategicGTM or Marketing PartnerStrategic partnership offering cross-benefits: Inspirato Members receive $20,000 free-flight credit for fractional ownership activation or complimentary Jet Club membership; flyExclusive customers receive complimentary 12-month Inspirato Travel Membership and $5,000 flight discount.
• Pardo YachtsstrategicGTM or Marketing PartnerPartnership offering exclusive benefits: Pardo Yacht owners receive $25,000 free flight credit for fractional ownership or $7,500 for Jet Club membership; flyExclusive customers receive up to $150,000 free flight credit when purchasing a new Pardo Yacht.

Scale indicators15 records

Recent moves11 records

Expansion highlights7 records

Emerging players

• Volato: Smaller U.S. private aviation company offering fractional shares (HondaJet) and a membership program called Vaunt. flyExclusive recently acquired IP assets from Volato, indicating direct product overlap and recent strategic interaction.
• Surf Air Mobility: Subscription-based regional air mobility company offering unlimited flights on scheduled routes plus on-demand charter. Comparable subscription/membership commercial model to flyExclusive's Jet Club, though focused on turboprop/regional connectivity.

Direct peers

• Wheels Up: Membership-based private aviation platform offering on-demand charter, jet card, and fractional solutions to individuals and corporates. Directly comparable go-to-market model to flyExclusive's Jet Club and charter business, though currently undergoing restructuring.
• JetSuite (current): Private jet charter and jet card operator using Phenom 100/300 aircraft with a suite of membership products. Comparable to flyExclusive in fleet class and membership-driven charter model, focused on light jet segment.
• Flexjet: Premium fractional jet ownership provider with a curated fleet of Embraer and Bombardier aircraft, jet card programs, and leaseback offerings. Closest direct competitor to flyExclusive in the U.S. fractional and jet card space.
• JSX (formerly JetSuite): Semi-private and charter jet operator using Embraer 135/145 aircraft on scheduled "hop-on" routes and charter. Comparable to flyExclusive as a Part 135 operator targeting point-to-point private travel with a membership component.
• XO (Riverside Aviation / XOJET): Global on-demand private jet charter and membership platform serving both individuals and corporate clients. Directly comparable to flyExclusive's charter and Jet Club offerings with a digital-forward booking model.

Broad incumbents

• NetJets: Largest private aviation operator globally and a Berkshire Hathaway subsidiary, offering fractional ownership, jet cards, and charter across hundreds of aircraft. Directly comparable to flyExclusive as a vertically integrated fractional/charter competitor with broader scale and brand.
• VistaJet: Global private aviation company offering a subscription-based program and on-demand charter with a large uniform fleet of business jets. Comparable to flyExclusive as a multi-tier offering (subscription, membership, charter) but with broader international reach.

Regional players

• PrivateFly: Global private jet booking platform and charter broker serving Europe, U.S., and Middle East with on-demand pricing transparency. Comparable to flyExclusive's charter booking model, particularly relevant where flyExclusive's international/Caribbean network overlaps.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• Xx.com/flyExclusive
• Facebookfacebook.com/exclusivejets

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles14 records

Subsidiaries1 record

Funding overview

Funding rounds6 records

Investors3 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A2 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Fly Exclusive