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 8th largest private jet charter operator in the U.S. FlyExclusive is leveraging a fast-growing private jet fleet to become a major player in jet memberships
Out of the depths of the biggest downturn business aviation has ever seen, here comes industry veteran Jim Segrave and his Kinston, North Carolina-based FlyExclusive.
Since its launch in 2014, Segrave, who previously sold Segrave Aviation to Delta Private Jets in 2010, has built a fleet of more than 60 private jets. Expansion plans call for reaching the century mark.