A Triangle Business Journal profile of FlyExclusive shows the jet card and charter operator used the CARES Act’s PPP to set the table for its recovery
According to a report in the Triangle Business Journal, close to 300 jobs at Kinston, North Carolina-based FlyExclusive and related companies were saved by the CARES Act’s Paycheck Protection Program. That totals include 75 newly hired positions.
The Part 135 charter operator is part of a growing number of jet card sellers extending the 7.5% tax exemption into 2021 and beyond
Add flyExclusive, number nine on our list of largest Part 135/91k operators, to the list of jet card sellers that are providing a carrot to buy a jet card before year’s end.
The private jet charter operator launched its first jet card program last week
Light jet hourly rates are as low as $3,096 for SuiteKey customers, based on their balances when JetSuite entered Chapter 11
North Carolina-based Part 135 private jet charter operator FlyExclusive is making an offer to JetSuite’s SuiteKey customers impacted by its bankruptcy.