Private jet operators say costs, mechanicals, supply chains vexing operations

Corporate Jet Investor Miami

While private jet providers say reliability is improving, they are facing a variety of issues that are impacting on-time operations and costs

Speaking on three different panels during Corporate Jet Investor, several private jet charter operator and broker executives say they are seeing no let-up in demand – or cost inflation.

Private jet IPOs beg the question: Does stock price matter for customers?

private jet ipos

Wheels Up’s IPO day investors saw share price fall over 80%. Yet, the private jet provider has more members than ever. Does stock price matter for flyers?

What a difference a year makes, particularly for Wheels Up. And what’s ahead for Flexjet and FlyExclusive now that they plan to become publicly traded on the New York Stock Exchange?

FlyExclusive orders 14 Citation XLS Gen2s, Longitudes to bolster fractional fleet

Cessna Citation XLS

A day after announcing an IPO, the Kinston, North Carolina-based FlyExclusive is adding midsize and super-midsize jets to its fractional fleet

After launching its fractional ownership program on the back of Textron Aviation’s Cessna Citation CJ3+ light jets earlier this year, FlyExclusive is making another order.

FlyExclusive follows Wheels Up, Flexjet with IPO plans

Jim Segrave

North Carolina-based FlyExclusive is planning a SPAC merger with E.G. Acquisition Corp. as it plans to grow its fractional and charter fleet to 154 aircraft by 2024

FlyExclusive is the latest major jet card and fractional flight provider to jump into the public markets.

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