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Flyexclusive Inc - FLYX STOCK NEWS

Welcome to our dedicated page for Flyexclusive news (Ticker: flyx), a resource for investors and traders seeking the latest updates and insights on Flyexclusive stock.

flyExclusive Inc. (FLYX) operates a vertically integrated private aviation model combining aircraft ownership with premium service delivery. This page serves as the definitive source for verified corporate announcements and operational developments.

Investors and industry observers will find timely updates including quarterly earnings, fleet acquisitions, and strategic partnerships. Our curated collection ensures efficient tracking of milestones affecting FLYX's market position in luxury air travel.

Key focus areas include capital-efficient growth initiatives, service innovations, and regulatory developments. Content is sourced exclusively from official channels to maintain accuracy and compliance with financial disclosure standards.

Bookmark this page for streamlined access to FLYX's evolving corporate narrative. Check regularly for updates impacting the company's leadership in curated aviation experiences.

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flyExclusive (NYSEAMERICAN: FLYX) has announced the addition of its fifth Challenger jet to its super-midsize fleet, marking a significant milestone in its fleet modernization strategy. The company expects to add two more Challengers soon, with a target of 15 Challengers by year-end.

The Challenger jets feature spacious cabins, larger windows, and flat-floor designs, offering long-range travel capabilities while maintaining access to thousands of U.S. airports, including Hawaii. Each aircraft undergoes comprehensive exterior and interior refurbishment to meet flyExclusive's premium fleet standards.

This expansion supports the company's vertically integrated model and is expected to drive growth in both Jet Club and fractional ownership programs through 2025.

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flyExclusive (NYSEAMERICAN: FLYX), a premium private jet charter provider, has announced professional golfer Lucas Glover as its first Golf Ambassador. Glover, a major champion and six-time PGA Tour winner, will represent the company while competing in the upcoming Masters Tournament at Augusta National Golf Club.

Currently ranked No. 29 in the Official World Golf Ranking and 14th in the FedExCup standings, Glover has recently achieved consecutive top-eight finishes, including a third-place tie at The Players Championship. The 45-year-old professional, who won the 2009 U.S. Open, has made 553 PGA Tour starts with 358 cuts made and 66 top-10 finishes. He was also part of the winning Atlanta Drive Golf Club team in Tiger Woods' TGL indoor simulator golf league.

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flyExclusive (NYSEAMERICAN: FLYX) has released its fourth quarter and full year 2024 financial results through a Form 10-K filing with the SEC. The company has scheduled a conference call at 5:00pm ET to discuss the results, which can be accessed by dialing 877-404-1250 or +1 215-268-9892 with event code 13752375.

Investors can access the live webcast through the company's investor relations website, and a replay will be available for twelve months following the call.

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flyExclusive (FLYX) has scheduled the release of its Q4 and full year 2024 financial results after market close on Monday, March 24, 2025. The company will host a conference call at 5:00 pm ET on the same day to discuss the results.

Investors can join the conference call by dialing 877-404-1250 (domestic) or +1 215-268-9892 (international) using event code 13752375. A live webcast will be available on the company's investor relations website, with the recording accessible for twelve months after the call.

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flyExclusive (NYSEAMERICAN: FLYX) has unveiled its new Jet Club membership program, offering guaranteed access to its premium private jet fleet, including Challenger 300 and 350 aircraft. The streamlined membership features 24-month locked-in rates with no blackout dates or fuel surcharges.

The program includes integrated funding bonuses, exclusive 'Deal Day' discounts, and capped high-demand days to ensure predictable pricing during peak seasons. Chief Commercial Officer Mike Guina emphasized the company's focus on creating the most transparent jet membership in private aviation, featuring a unique pricing model designed for efficiency.

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flyExclusive (NYSE: FLYX) has entered a definitive agreement to acquire Jet.AI's aviation business in an all-stock transaction. The deal involves Jet.AI spinning off its aviation business into a new company (SpinCo), which will then be acquired by flyExclusive. The transaction is expected to provide flyExclusive with additional growth capital and enhanced shareholder liquidity.

The purchase price will be determined based on Jet.AI's Net Cash multiplied by a premium percentage of 115-120%, equivalent to $12-22 million. Jet.AI shareholders will retain their existing stock while receiving new flyExclusive Class A common shares. The deal requires Jet.AI to maintain at least $12 million in Net Cash as a closing condition, supported by a $50 million non-binding term sheet with Hexstone Capital LP.

The transaction is expected to close in Q2 2025, subject to financing, regulatory review, and shareholder approval. Both companies operate similar aircraft from Textron Aviation and HondaJet, making this combination strategically aligned with flyExclusive's 2025 growth plans.

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flyExclusive (FLYX) has been named a winner in the 2025 Sherwin-Williams Aerospace Coatings calendar contest, marking its third consecutive year of recognition. The company achieved a historic milestone by being the first to receive recognition for two projects in the same calendar year, featuring a Hawker 800XP and a Beechcraft 350.

The aircraft were painted at the company's 12,000 square foot electrostatic painting and coating facility in Kinston, NC, which is the first of its kind in the Southeastern United States. The facility can accommodate aircraft up to the size of Gulfstream IV and Falcon 900, operating 24/7 with senior paint team members bringing over 20 years of experience.

The company's MRO division spans more than 100,000 square feet, including nearly 80,000 square feet dedicated to shop, interiors, avionics, and maintenance facilities. The paint facility features three hangars with full downdraft booth and filtration systems, operating in climate-controlled conditions.

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flyExclusive (FLYX) achieved its highest single-day flight record during the 2023 Thanksgiving holiday weekend, with a 47% increase in hours flown compared to the previous year and the highest one-day revenue in its nine-year history. The company's growth is attributed to its vertically integrated platform and strategic fleet management. Following an Aircraft Management Services Agreement with Volato Group in September, flyExclusive added nearly 200 Volato members to its Jet Club and expanded its fractional customer base. The company recently acquired three Challenger aircraft and plans to accelerate fleet additions in 2025.

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flyExclusive (FLYX) announced its third quarter 2024 financial results through a Form 10-Q filing with the SEC. The company has made the results available through their investor relations website and the SEC website. A conference call has been arranged for interested parties, accessible via phone or webcast, with event code 13749916. The webcast replay will be available for twelve months after the call.

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flyExclusive (FLYX) has announced it will release its third quarter 2024 financial results after market close on Thursday, November 14, 2024. The company will host a conference call at 5:00 pm ET to discuss the results. Investors can join via phone (866-682-6100 or +1 862-298-0702) using event code 13749916, or through a live webcast. The webcast replay will be available for twelve months on the company's investor relations website.

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Flyexclusive Inc

NYSE:FLYX

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59.86M
10.75M
46.78%
57.63%
1.11%
Airlines
Air Transportation, Nonscheduled
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United States
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