FlyExclusive orders up to 30 Citation CJ3+s, moves into fractional ownership

Citation CJ3

Fast-growing FlyExclusive is making its first new aircraft order and expanding from charter and jet cards into fractional ownership

Kinston, North Carolina-based FlyExclusive has entered into a purchase agreement with Textron Aviation for up to 30 new Citation CJ3+ light jets. The fifth-largest operator in North America will also enter the fractional ownership market.

FlyExclusive revamps Club jet card program

FlyExclusive interior

FlyExclusive revamps jet card program with new pricing structure, expanded fixed-rate service area, no daily minimums

FlyExclusive, which launched its Club jet card program early last year, is making major revisions to the program. Flyers may view the changes as a mixed bag based on their travel patterns.

FlyExclusive to add 200 jobs in North Carolina

FlyExclusive interior

Fast-growing FlyExclusive is bringing an additional 200 permanent positions to its Kinston, North Carolina base the company announced yesterday

FlyExclusive, the fifth largest operator in our list of top 30 operators, measured by charter and fractional flight hours, is planning more growth.

NetJets’ earnings fall on a 27% decline in flight hours

NetJets Fleet

Berkshire Hathaway’s Service group, which houses NetJets and Flight Safety, saw revenues drop by $1.15 billion (8.5%) in 2020 compared to 2019. Pre-tax earnings decreased $81 million (4.8%)

The world’s largest private jet operator, NetJets, Inc., saw a drop in flight hours and pre-tax earnings, according to Berkshire Hathaway’s 2020 annual report, released today.

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