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.

Wheels Up nets $259 million via sale and issuance of equipment notes

Wheels Up

Proceeds will support Wheels Up’s investments in operations, technology, and member experience as it focuses on reaching positive adjusted EBITDA in 2024

Wheels Up Experience Inc. starts the NBAA-BACE conference here in Orlando with the first major announcement of the week.

Priester Aviation acquires Mayo Aviation

private jet charter

Chicago-based Priester Aviation is acquiring Colorado-based Mayo Aviation with plans to keep separate brands and operations

Two companies with long histories in business aviation are combining.

Jet Token secures $40 million commitment for post-IPO funding

Jet Token

Start-up fractional and jet card provider Jet Token arranges $40 million investment commitment from GEM Global Yield Services

Las Vegas-based Jet Token Inc. said it has entered into a $40 million investment commitment from GEM Global Yield LLC SCS.

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