FlyExclusive

flyExclusive Executive Overview

Year Founded

2014

Headquarters

Kinston, North Carolina

Leadership

Jim Segrave

Founder, Chairman, and CEO

Mike Guina

Chief Operating Officer

Tommy Sowers

President

Rich Brennan

Chief Development Officer

Brad Blettner

Chief Revenue Officer

Billy Barnard

Interim Chief Financial Officer

Brandon Greene

SVP, Fleet Development

Charlie Creech

SVP, Maintenance Repair Operations

Steve Pawlak

SVP Maintenance

David Ivy

SVP, Engineering

Jet Card Hourly Rates

Light jets from $3,400 per hour, including FET, plus a $6,000 daily access fee

Related Products

Aircraft Partnerships, Fractional Ownership, On-demand Charters, Empty Legs, Dedicated Aircraft, Corporate Solutions

Related Companies

LGM Enterprises, Jetstream Aviation,


FlyExclusive is fifth on our list of the 30 largest private jet operators based on charter and fractional flight hours through June 2023.

Founded by Jim Segrave, who sold Segrave Aviation to Delta Air Lines in 2010, the company plans to increase its current fleet of over 90 aircraft (see table below).

Its Jet Club membership program, launched in May 2020, features light, midsize, and super-midsize private jets.

The Club was revamped in October 2021 with an expanded service area and the flexibility to book fixed rates up to 24 hours before departure.

In April 2022, the company placed its first new aircraft order for 30 Citation CJ3+ models. It also announced a fractional ownership program.

In October 2022, it announced an additional order for its fractional program of eight Cessna Citation XLS Gen2 aircraft to be delivered in 2024 and up to six Citation Longitudes, with initial deliveries of the first two Longitudes in 2025. 

In October 2022, it announced plans for an IPO via a SPAC merger.

In December 2023, FlyExclusive became a publicly traded company on the New York Stock Exchange trading under FLYX.

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FlyExclusive Fleet (October 2023)

Aircraft Aircraft Size Number in Fleet
Light 10
Cessna Citation CJ3 Light 13
Midsize 40
Cessna Citation Sovereign Super Midsize 7
Cessna Citation X Super Midsize 13
Large 7

flyExclusive Fast Facts

When was flyExclusive founded?

2014

Who owns flyExclusive?

FlyExclusive is privately held. It is planning a SPAC IPO for 2023.

How many customers does flyExclusive have?

FlyExclusive expects to do $132 million in jet card sales in 2022.

What are the annual revenues for flyExclusive?

FlyExclusive had revenues of $320 million 2022 and projects $367 million in 2023.

Who is the CEO of flyExclusive?

Jim Segrave

How does flyExclusive source private jets?

FlyExcluisve sources aircraft from its owned and leased fleet of approximately 90 light, midsize, super-midsize, and large cabin private jets.

How much does flyExclusive private jet programs cost?

Jet Club starts with a $100,000 deposit.

What type of pricing does flyExclusive offer?

Jet Club offers fixed-hourly rates with a 10% discount for flying on 139 Tuesdays, Wednesdays, and Saturdays.

What is flyExclusive's website?

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