Kinston, North Carolina
Founder, Chairman, and CEO
Chief Operating Officer
Chief Revenue Officer
Chief Financial Officer
SVP, Fleet Development
SVP, Maintenance Repair Operations
Jet Card Hourly Rates
Light jets from $3,600 per hour, including FET, plus a $6,000 daily access fee
LGM Enterprises, Jetstream Aviation,
FlyExclusive is fifth in our Top 30 list of operators based on charter and fractional flight hours through June 2022.
Founded by Jim Segrave, who previously sold Segrave Aviation to Delta Air Lines in 2010, the company has 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 up 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.
FlyExclusive is privately held. It is planning a SPAC IPO for 2023.
FlyExclusive expects to do $132 million in jet card sales in 2022.
FlyExclusive had revenues of $320 million 2022 and projects $367 million in 2023.
FlyExcluisve sources aircraft from its owned and leased fleet of approximately 90 light, midsize, super-midsize, and large cabin private jets.
Jet Club starts with a $100,000 deposit.
Jet Club offers fixed-hourly rates with a 10% discount for flying on 139 Tuesdays, Wednesdays, and Saturdays.