flyExclusive announces tie-up with Inspirato

flyExclusive, Inc. a publicly-traded provider of premium private jet charter experiences, announced a partnership with Inspirato to offer eligible fractional owners and Jet Club members exclusive Inspirato Travel Membership benefits.

“We are excited to partner with the Inspirato team to offer our members and owners access to exclusive benefits through Inspirato’s innovative travel platform,” said Jim Segrave, Chief Executive Officer of flyExclusive. “Inspirato and flyExclusive share in the mission to provide clients the best customer service experience possible and this unique offering furthers our dedication to that mission.”

As part of the partnership, eligible flyExclusive fractional owners and Jet Club members will be granted one 12-month complimentary Inspirato “Travel Membership,” allowing participants to book luxury travel experiences without paying a membership fee. Those eligible will have access to Inspirato’s curated luxury travel portfolio of five-star domestic and international vacation homes from Breckenridge, Colorado, to Bordeaux, France, as well as unforgettable experiences, all with personalized amenities from daily housekeeping to keeping the refrigerator stocked with custom preferences tailored to each member.

flyExclusive will also provide Inspirato members the opportunity to activate one six-month complimentary Jet Club membership and offer flight credit for any Inspirato member who becomes a flyExclusive fractional owner.

"We are thrilled about our partnership with flyExclusive," said Eric Grosse, Chief Executive Officer of Inspirato. “flyExclusive and Jet Club members will now be able to experience the exceptional luxury and service Inspirato is known for. Additionally, Inspirato members will also be able to enjoy seamless private jet charter experiences with flyExclusive, which further enriches their travel experiences around the world.”

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flyExclusive Adds First Challenger 350 to Fractional Fleet

flyExclusive, a provider of premium private jet charter experiences, has added the first Challenger 350 super-midsize aircraft to its fractional program.

The jet, which has a 3200 nautical-mile range, is the first of what could be as many as 20 Challenger 350s that the company could add to its fleet within the next two years.

“With the addition of the Challenger 350 to our fractional fleet, customers will have the chance to own a jet that boasts a cross-country, nonstop range in the largest cabin in the super-midsize category,” CEO and founder Jim Segrave said. “This is a beautiful jet that our customers will love. It’s fast, and it’s spacious. Whether you want to stand up and walk on the flat floor during the flight, get work done as you fly non-stop cross country or enjoy a meal prepared in a full galley, you can do it on our Challenger 350s.”

The aircraft cabin is comparable to a Gulfstream G-IVSP and has space for eight passengers and 106 cubic feet of baggage. flyExclusive will sell shares in the jets in 50-, 75-, 100-, 150- and 200-hour increments.

The arrival of the aircraft signals the next phase of the company’s strategic focus on modernizing its fleet and expanding its fractional program. In February, the company appointed industry veteran Drake Sneed as SVP of Fractional Sales. In December, the company listed on NYSE American.

flyExclusive announces $25 Million equity investment

flyExclusive, a provider of premium private jet charter experiences, today announced that it has entered into a securities purchase agreement with an investment vehicle managed by EnTrust Global pursuant to which the Investor purchased 25,000 shares of Series A Non-Convertible Redeemable Preferred Stock, par value of $0.0001 per share (the “Series A Preferred Stock”), at a purchase price of $1,000 per share. The Company received approximately $25 million in cash proceeds in connection with the transaction, which closed on March 4, 2024.

“We’re thrilled to expand our relationship with EnTrust Global, a partner that recognizes the significant opportunity flyExclusive has to become the nation’s first vertically integrated private aviation company,” said Jim Segrave, Founder and CEO of flyExclusive. “Expanding our fleet will allow us to further build out our fractional program and bring greater reliability and convenience to our customers.”

flyExclusive secures major funding from State of North Carolina for new headquarters and cutting-edge pilot training centre

flyExclusive, a leading provider of premium private jet charter experiences, has announced that the Global Transpark secured a $30 million investment from the State of North Carolina for a cutting-edge pilot training centre and headquarters.

The new facility is designed as a five-story complex containing up to five, full-motion flight simulators, intended to allow the company to train and certify its own pilots and reduce a lengthy backlog in the nation’s pilot training pipeline.

The new simulators will occupy 10,000 square feet across three stories and five bays. The facility will also include 14,000 square feet in classrooms and training spaces, a rooftop terrace and a 22,000 square-foot air operations centre.

“I am often asked why we chose Kinston for our headquarters,” Jim Segrave, Founder and CEO of flyExclusive said. “First, we’re perfectly positioned geographically within a short flight from some of the busiest private aviation destinations in the country. Second, we’re able to recruit talent from the many nearby military bases to build careers in this great community. Third, we’ve received enormous support from the Kinston community, the Global Transpark and the state of North Carolina. We believe this latest investment will bring hundreds of jobs and millions of dollars to the state and community we love. We’re proud to call Kinston and North Carolina home, and I’m grateful for our partners in government who share our vision for the future and invest in our success.”

The company expects that once the simulators are functional, they will be able to reduce the amount of time new pilot hires must wait for outside training, giving the company an advantage as it competes for talent in one of the tightest labour markets in the United States.

Today’s announcement is the latest in a series of steps the company has taken to modernize its facilities and grow its fleet.

Textron Aviation names flyExclusive fleet launch customer for newly-announced Citation CJ3 Gen2

Textron Aviation has announced that flyExclusive has been named the fleet launch customer for the Cessna Citation CJ3 Gen2. The news came during the company’s press conference at the National Business Aviation Association - Business Aviation Convention & Exhibition (NBAA-BACE) event in Las Vegas. The Citation CJ3 Gen2, just announced this morning, raises the bar in the light jet market and is part of the next phase of flyExclusive’s fleet modernization efforts.

"We are thrilled to announce flyExclusive as the fleet launch customer for the Citation CJ3 Gen2, the latest addition to the industry-leading Citation family,” said Lannie O’Bannion, senior vice president of global Sales and Flight Operations. “The CJ3 Gen2 is the ideal aircraft to enhance flyExclusive's existing fleet, offering both passengers and pilots an elevated experience. With its proven performance, leading-edge technology, and unmatched cabin amenities, this aircraft reflects our commitment to innovation and excellence in aviation.”

In 2022, flyExclusive, a leading provider of premium private jet charter experiences, announced an ambitious fleet modernization program that included an order of up to 44 new Textron Aviation aircraft, including up to 30 CJ3+ light aircraft. flyExclusive operates a fleet of Cessna Citation jets including Citation X, Citation Sovereign, Citation Excel/ XLS, Citation CJ3 /CJ3+ and Citation Encore / Encore+ aircraft models.

“flyExclusive customers expect the best, and we believe the best planes money can buy are built and serviced by Textron Aviation,” said Jim Segrave, Founder, Chairman and CEO of flyExclsuive said. “We take pride in being the fleet launch customer for the Citation CJ3 Gen 2, building on our decades-long relationship with Textron Aviation. I am excited that our fractional customers will get to invest and travel in the top light jet in the world.”

flyExclusive Commemorates Upcoming Arrival of New CJ3+ Fleet

flyExclusive, a leading provider of premium private jet charter experiences, today announced that it will offer on a limited basis, flight charge credits up to $100,000 for new fractional share owners with the CJ3+ fleet. The announcement celebrates the upcoming arrival of its first group of new CJ3+ aircraft, further expanding flyExclusive’s position as one of the largest operators of Cessna Citation aircraft.

Limited to the first 50 owners, flyExclusive will provide up to $100,000 in flight credits for new fractional share owners

flyExclusive’s innovative fractional program provides owners maximum utility and savings without the burdensome restrictions of traditional fractional offerings:

Competitive Acquisition Cost: Starting at 50 hours, fractional owners can purchase a CJ3+ share for $750,000, one of the lowest entry points in the market for a high-performance light jet.

No Monthly Management Fee: flyExclusive fractional share owners only pay for their time on the aircraft, mitigating unnecessary fees and embedded premiums.

Unique Daily and Hourly Rates: Similar to its award-winning Jet Club, flyExclusive fractional shares provide daily access (365 days per year with no blackouts) and competitive hourly rates that are beneficial on both short- and longer-stage lengths.

No Fuel Surcharges: With the unique hourly rate structure, flyExclusive fractional owners have transparent pricing without fuel surcharges added.

Access to the entire fleet: flyExclusive fractional owners have access to the balance of the light, mid and super-mid fleets without complicated interchange programs.

“We are excited to receive the newest additions to the flyExclusive fleet in a few months,” said Tommy Sowers, President, flyExclusive. “We wanted to celebrate that occasion with a special thank you to our new fractional owners with this commemorative flight charge credit. Our customer success has been and will continue to be founded on building lasting relationships.”

flyExclusive expands its offering with the introduction of flyExclusive Fractional

flyExclusive, a leading provider of premium private jet charter experiences, today announced the launch of flyExclusive Fractional. This new program gives private jet flyers a true aircraft ownership experience with the consistency and reliability of the growing flyExclusive fleet. To support the launch of the program, flyExclusive has agreed to purchase up to 30 Cessna Citation CJ3+ aircraft per year over the next three years.

“flyExclusive customers now have it all,” said Jim Segrave, Founder of flyExclusive. “They now have the choice of our Jet Club, Fractional and Partnership programs. With flyExclusive Fractional, private flyers can purchase a fractional share in a brand-new Cessna Citation CJ3+ and unlock a world of possibilities for consistent, world-class private jet experiences on our versatile fleet.”

flyExclusive Fractional owners enjoy a host of benefits, including:

CJ3+ Fractional Share: A seamless ownership and private jet travel experience with a share in a brand-new CJ3+.

Consistency, Versatility and Additional Fleet Access: flyExclusive’s entire feet of more than 85 jets is available to Fractional owners through preferred Fractional pricing. If an aircraft is not available or the flyer needs hours beyond their allotted hours in the CJ3+, they can count on flyExclusive’s fleet of Light, Midsize and Super-Midsize aircraft to meet their needs for any occasion.

No Monthly Management Fee: flyExclusive is expanding its Daily Rate and Hourly Rate concept, popular in its Aircraft Partnership program and Jet Club. Instead of paying a monthly fee, Fractional owners only pay a Daily Rate for the aircraft when they fly.

No Positioning Fees or Daily Minimums: Like flyExclusive’s popular Jet Club, with advance notice there are no repositioning fees with a Fractional share. Fractional owners enjoy the simplicity of a Daily and Hourly rate, providing both access and competitive pricing.

Ease of Use: Unlike full ownership, flyExclusive Fractional allows the peace of mind to simply plan travel and not worry about hiring and training crews, insurance and other regulatory and operational matters. flyExclusive’s team of experts professionally manage those details so Fractional owners can simply enjoy their flying.

No Compromises: flyExclusive makes safety and service its highest priority and is one of only 5% of private jet operators to achieve both the ARGUS Platinum and Wyvern Wingman third-party audit certifications. flyExclusive’s dedicated Services team is available 24x7 to assist with any trip planning and personalized needs. And, with a robust culture of safety and a Safety Management System (SMS) governing operations, flyExclusive puts the safety of its flyers and its crews first.

The Cessna Citation CJ3+ delivers superior, unparalleled reliability without sacrificing productivity and comfort, offering the perfect combination of range, speed and operating economics.

“We continue to innovate in the marketplace with a fully owned and operated fleet and a vertically integrated business model that redefines what it means to fly private,” said Segrave. “flyExclusive Fractional joins our innovative Jet Club and Aircraft Partnership Program to give flyers a multitude of pathways that all lead to one destination: more ways to take control of their private flying. We will continue to identify new opportunities to extend reliability, flexibility and unmatched private jet charter experiences for our customers and now, for our flyExclusive Fractional owners.”

To learn more about flyExclusive’s range of private jet charter offerings or to inquire about becoming a Jet Club Member, visit www.flyexclusive.com.

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Textron gets 30 Cessna Citation order from flyExclusive

The Cessna business jet maker Textron Aviation confirmed on Wednesday it received an order for five Cessna CJ3+ light jets from flyExclusive plus an option for 25 more jets.

“This order brings the efficiency and comfort of the Citation CJ3+ to a new audience of customers through flyExclusive’s programs,” said Ron Draper, President and CEO, Textron Aviation. “We appreciate customers like flyExclusive, who see the value in operating a broad range of jets from the Citation family. The operating economics of Citations, combined with the global network of service and support available through Textron Aviation, ensures continued productivity and enjoyment throughout the ownership experience.”

Owning and operating its fleet of 85 light, midsize, super-midsize and heavy jets, flyExclusive, based in Kinston, North Carolina is the third-largest Part 135 charter operator in the U.S. This order is expected to support the company’s Jet Club, Partner and new fractional program, in response to historic demand.

The Citation CJ3+ delivers exceptional performance, Garmin G3000 avionics and in-flight WiFi capability. Best-in-class acquisition and operating costs, seating for nine passengers, and up to 1,000 lbs of baggage capacity make the CJ3+ the ultimate utility player. With a range of up to 2,040 nautical miles, the Citation CJ3+ is perfectly suited for the light jet market segment and can fly single-pilot and up to four passengers nonstop from Washington, DC to Monterrey, Mexico, Sao Paulo to Santiago, London to Athens, or Shanghai to Tokyo.

“This expansion launches flyExclusive into the fractional space. We are committed to redefining the private flying experience, providing the full suite of products for our customers, all delivering consistent, reliable and world-class service,” said Jim Segrave, Chairman and Founder, flyExclusive. “We are proud to continue our relationship with Textron Aviation as we bring the CJ3+ into our esteemed fleet. The addition of these new CJ3+ aircraft will allow us to expand our capabilities to support our continuing growth as one of the largest private jet charter operators in the industry.”

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flyExclusive Delivers Greater Control and Transparency for Jet Club Members with New Concierge App

Mobile app builds on flyExclusive’s dedication to technology innovation to save Members time and further improve the premium Jet Club experience

flyExclusive has launched a new concierge app for Jet Club Members at the 2021 NBAA Business Aviation Convention & Exhibition in Las Vegas this week. The new app makes it easier than ever for Jet Club Members to book and manage a flight on flyExclusive’s versatile fleet of more than 75 Light, Midsized and Super-Midsized aircraft. Developed in flyExclusive’s technology hub in Durham, North Carolina, the app builds on the company’s commitment to technology innovation while giving Jet Club Members more control and transparency of their Jet Club membership.

The new Jet Club concierge app gives Members exclusive access to the complete luxury flight experience. Members can book and manage flights with the touch of a button, receive personalized care from flyExclusive’s Member Services team and get first-hand access to exclusive offers. The Jet Club app takes the hassle and complexity out of private flying with an experience tailored to Members’ unique needs. Additional features include:

Save time: Eliminate the need for calls or emails when booking or managing a flight. Book or manage directly through the app and update baggage, passengers, catering and ground transportation. Re-book a favorite flight itinerary.

Stay in the know: Receive notifications for an upcoming flight, including day-of reminders, delay notifications and the ability to indicate ETA to the flight crew so they can receive them upon arrival.

Gain transparency: Check and monitor account balances and see a running list of transactions while updating account preferences so flyExclusive’s Member Services team can better meet the member’s unique flying needs.

flyExclusive’s Jet Club is the only private jet membership in the marketplace that lets Members truly fly like an owner. With new enhancements and expanded international capabilities, the program features a membership and rate structure that allows members to save more, the more they fly. Future updates to the concierge app will include the ability to cancel and request flight time changes as well as add funds to the Jet Club membership without the need to contact a Member Services representative.

“From the beginning, Jet Club has been designed to give Members more control over the private flying experience,” said Tommy Sowers, president, flyExclusive. “Technology is essential to helping us deliver on that promise. With our new Jet Club app, Members now have a tool to tailor their experience to their unique lifestyle and needs, while keeping the reliability and consistency clients have come to expect from flyExclusive.”

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flyExclusive unveils state-of-the-art maintenance, repair and operations capabilities

flyExclusive, a provider of world-class private jet charter experiences has unveiled two brand new, state-of-the-art facilities providing premium maintenance, repair and operations (MRO) services. With the launch of its 24,000-square-foot electrostatic painting and coating facility and an aircraft interior renovation and refurbishment facility, flyExclusive is furthering its commitment to the excellence and consistency of its growing fleet of more than 75 Cessna Citation and Gulfstream aircraft.

“We continue to invest in new capabilities that allow us to exceed our clients’ expectations for reliably excellent private jet experiences,” said Jim Segrave, founder, LGM Enterprises, parent company of flyExclusive. “flyExclusive is now the only Part 135 charter operator with the ability to paint our own aircraft, while our interior refurbishment capabilities enable us to tailor aircraft cabins to the highest standards of quality and luxury. No other operator in the world is able to exert this level of control over the look and feel of its fleet.”

The flyExclusive electrostatic painting and coating facility is the first of its kind in the Southeastern United States. Delivering premium aircraft exterior design services for both flyExclusive and other operators, the facility has been staffed with the best MRO talent in the industry, bringing years of industry and process knowledge. The facility features:

Two 2,000-square-foot hangars with a full downdraft booth and full filtration systems to minimize emissions

Climate-controlled conditions with enough hangar space to accommodate a Gulfstream G-IVSP aircraft

An electrostatic paint process that creates tremendous efficiency in materials, reducing cost and mitigating downtime for faster return to service

flyExclusive makes major enhancements to its Jet Club

flyExclusive has made some new improvements to its Jet Club that allow members to fly like an owner, these enhancements include a new membership and rate structure and expanded international capabilities plus Wi-Fi being installed across the fleet.

flyExclusive’s Jet Club is the ultimate private jet membership, providing fliers who buy-in with guaranteed availability and access to flyExclusive’s floating fleet of more than 75 Light, Midsize and Super-Midsize Citation aircraft. Members can retain their membership for as long as they choose to fly for a low monthly fee, with an aircraft daily rate that enables access to the most aggressive hourly rates in the industry. And, thanks to flyExclusive’s investments in aircraft exterior and interior refurbishment capabilities and commitment to consistency of aircraft look and feel, members can be assured of a premium experience every time they fly.

The new enhancements to Jet Club are purposefully designed to add greater consistency and savings to the member experience. Now, whether it’s a cross-country flight, an out-and-back hop, a weekend excursion on the ever-popular Teterboro-to-Palm Beach route or a single-day, three-city trip, Jet Club members have more opportunities to save than ever before. Specific enhancements include:

flyExclusive accepting cryptocurrency for its memberships programmes and private charter flights

Private jet charter and jet club membership firm flyExclusive has confirmed last week that it will now allow memberships and private hire bookings to be paid for with cryptocurrency.

Through a partnership with BitPay, travellers who choose flyExclusive can now use Bitcoin, Ethereum or other forms of cryptocurrency for both memberships and charter flights. This has been designed to offer more choice to customers and also paves the way for new customers to join from perhaps more hidden market sectors. 

“Technology continues to reshape how commerce is conducted and cryptocurrency has emerged as a highly attractive investment for many of our current and prospective clients,” said Mike Guina, president, flyExclusive. “Because of this, we’re embracing the opportunity to offer cryptocurrency payments as another way to deliver value, convenience and premium service for our clients.”

flyExclusive uses a floating fleet of more than 70 Cessna Citation and Gulfstream business jets and has been going . With guaranteed availability and the most competitive hourly rates in the industry, the addition of cryptocurrency builds on Jet Club’s innovative approach to delivering ease of use, access, control and reliability in private jet travel. 

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Yates’ addition marks another milestone in flyExclusive’s rapid growth as a leader in private charter aviation. flyExclusive continues to expand its floating fleet of more than 60 light to heavy jet aircraft and has added 11 aircraft in 2020 while extending its global capabilities with the launch of flyExclusive International. Additionally, flyExclusive’s direct-to-consumer Jet Club program offers some of the most aggressive private flying memberships available and has grown by more than 800 percent in 2020.

flyExclusive, a leading provider of premium private jet charter travel, has announced that it is expanding its leadership team with the addition of Col. Donn Yates to the role of Chief Operating Officer. Yates will use his experience from more than 28 years in the United States Air Force to optimize fleet operations and logistics for flyExclusive as the company continues its growth as one of the largest private charter operators in the United States.

I agree flyExclusive Delivers Premium Private Charter on a Global Scale with flyExclusive International

LGM Enterprises, parent company of flyExclusive, a leading provider of premium private jet charter travel, announced today the launch of flyExclusive International, adding on-demand, long-range global service to the flyExclusive’s growing portfolio of world-class private charter offerings. With the new service, flyers can now travel to Europe, Hawaii, Alaska and beyond with the same level of reliability, safety and comfort they have come to expect from flyExclusive.

Customers on flyExclusive International will have access to premium Gulfstream GIV-SP aircraft, with seating capacity for up to 16 passengers, berthable (sleep-adjustable) seating and a white-glove experience. Since acquiring Sky Night LLC in March 2020, the company has expanded its fleet of Gulfstream aircraft and now officially announces its rebranding as flyExclusive International.