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In just over seven years, flyExclusive has become one of the nation’s five largest private jet operators with triple-digit membership growth and a retention rate among existing members that exceeds 94%. Headquartered in Kinston, North Carolina, flyExclusive is a premier Part 135 owner/operator of private jet experiences that surpass expectations for quality, convenience, and safety. As one of the world’s largest operators of Cessna Citation aircraft with a floating fleet of over 90 light to heavy jets and constantly growing, we offer access to a network of personalized private aviation with on-demand flights that can service a myriad of specialized trip needs.
We raise the bar in the private aviation industry through a vertically integrated model of innovative solutions. Private jet travelers experience a variety of offerings through our award-winning Jet Club membership program and our unique approach to fractional ownership with no monthly management fees. The company’s successful entry into the MRO marketplace is backed by state-of-the-art paint technologies and the recent opening of a 48,000 square foot hangar focused on 24/7 maintenance, avionics, and interior refurbishment.
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With over 800 employees, flyExclusive has operations centrally located on the east coast within approximately two flight hours of 70% of our demand. Among the fastest-growing private aviation companies, we completed over 46,000 hours of flying in 2021, 46 percent more than the prior year. In 2022, the company is currently flying nearly 5,000 hours per month.
Additionally, we delivered major enhancements to our Jet Club and grew memberships while many operators scaled back jet card offerings and added restrictions for new members to offset jet demand.
Our business combination agreement with EG Acquisition Corp. will provide flyExclusive with significant additional capital to continue our growth, better serve customers, and execute our strategic plan.
Investment funds, combined with leadership’s extensive aviation industry experience, will generate the resources needed to accelerate the rapid expansion of flyExclusive’s fleet and workforce and contribute to the overall enhancement of the customer experience.
We create moments that matter for the customers who fly with us and the employees who support our continued pursuit of excellence. flyExclusive is on track to reach 2,500 employees by the end of the decade. Amid pilot and mechanic shortages, our family-forward culture sets us apart.
We will continue to advance our strategic initiative to become the nation’s first fully vertically integrated private jet operator based at the North Carolina Global TransPark in Kinston.
flyExclusive plans to make capital investments that will expand our extensive services across our business divisions. The support of all employees and their dedication to providing the safest and best fleet and services to the customers we serve is the priority.
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