News Release

flyExclusive achieves single-day flight record

flyExclusive, Inc., a publicly-traded provider of premium private jet charter experiences headquartered in Kinston, North Carolina, today announced that it operated the most flights in company history over the Thanksgiving holiday weekend. The company increased its hours flown by 47% compared to the 2023 Thanksgiving holiday weekend and achieved its highest one-day revenue total in nine years of operation.

“As we've grown the business, we've been disciplined and strategic every step of the way, and we're seeing the results of that with strong customer demand combined with efficient fleet utilisation,” said Jim Segrave, founder and CEO of flyExclusive. “Being vertically integrated allows us to control every aspect of the customer experience and that has led to strong, stable demand in our Jet Club and fractional programmes that we expect to continue through the holiday season and into 2025. As we continue to add new, high-performance aircraft to our fleet and offer customers a consistently superior experience, we'll continue to take market share and further scale the business.”

As reported in flyExclusive's Q3 earnings call, flyExclusive has been one of the fastest growing private aviation companies over the past year, driven by strong demand and an enhanced fleet. Since entering into an aircraft management services agreement with Volato Group, Inc. in September, flyExclusive has added nearly 200 Volato members to its Jet Club while also expanding its fractional customer base.

The company also recently took delivery of three Challenger 350 aircraft and expects additions to accelerate in 2025, with each additional aircraft bringing a substantial boost to profitability.