Flyexclusive Inc
egacquisition.comWhat Do They Do?
Operates private jet flights and offers jet club memberships, fractional aircraft ownership, and aircraft maintenance services to private travelers, aircraft owners, and charter businesses.
10-K for FY2025, filed Mar 5, 2026flyExclusive is a premier owner and operator of curated private aviation experiences dedicated to surpassing passenger expectations for…View ↗
We have a diversified and evolving business model generating charter revenue through our jet club membership program, fractional program…View ↗
Jet club revenue is generated from flight operations as well as membership fees. Jet club members are guaranteed access to our fleet of…View ↗
Fractional ownership members purchase a fractional ownership interest in an aircraft for a contractual term of up to five years, which…View ↗
Our MRO program services include 24/7 maintenance, interior, and exterior refurbishment services to third parties in addition to…View ↗
Wholesale customers are third-party affiliates who need aircraft to service their own customers’ flight needs. Retail ad hoc customers are…View ↗
How Do They Make Money?
Private travelers and charter partners pay for flights, usually before travel, while jet club members also pay membership fees over time. Fractional buyers pay for an aircraft share, with flight charges billed as they fly; aircraft owners pay for maintenance and management services as the work is done or monthly.
10-K for FY2025, filed Mar 5, 2026Most flight revenue is pre-paid and is recognized upon completion of the flight. Contractual programs outline pricing premiums for peak and…View ↗
Jet club members are guaranteed access to the Company’s fleet of light, midsize, and super-midsize aircraft in exchange for membership…View ↗
The fractional revenue stream involves a customer purchasing a fractional ownership interest in an aircraft for a contractual term of up to…View ↗
The Company separately provides maintenance, repair, and overhaul services for aircraft owners and operators at certain facilities. MRO…View ↗
The Company provides certain aircraft management services for third-party aircraft owners. Fixed monthly management fees are charged to the…View ↗
$375.9M
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10-K for FY2025, filed Mar 5, 2026
$375.9M ↗
Who Are Their Customers?
Private travelers book directly for individual trips or join the jet club or fractional program. Other charter businesses use the company for flights, while aircraft owners buy maintenance, refurbishment, and management services.
10-K for FY2025, filed Mar 5, 2026
Do Revenues Turn Into Profits?
No. It lost $17.6M in FY2025.
10-K for FY2025, filed Mar 5, 2026
−$47.2MView ↗
10-K for FY2025, filed Mar 5, 2026
−$17.6MView ↗
10-K for FY2025, filed Mar 5, 2026
−$24.3MView ↗
How Are They Changing?
- Net income
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Sources
10-Q for Q2 FY2026, filed Aug 12, 2026
−$7.4MView ↗
- ▲ +55% (Loss)
- vs −$4.8M in Q2 FY2025
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Sep 4, 2026
Extended aircraft management agreement with Volato
The agreement now runs through December 31, 2026, and the remaining asset options stay in effect until then.
Sources
8-K, filed Sep 4, 2026
On September 1, 2026, the Company and Volato entered into a Sixth Amendment to Aircraft Management Services Agreement (the “Amendment”)…View ↗
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Jul 14, 2026
Acquired Jet.AI aviation assets, including aircraft and customer accounts
The acquisition brought Jet.AI Jet Card members, aircraft, future aircraft delivery positions, securities, and cash.
Sources
8-K, filed Jul 14, 2026
On July 13, 2026, the Company closed the transactions under the Final Merger Agreement. Pursuant to the Final Merger Agreement, upon the…View ↗
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