Charter & Fractional
FlyExclusive Grows Revenue, Improves Utilization
Company chief said operational transformation is gaining momentum
flyExclusive's booth at NBAA-BACE 2025
© Amy Wilder

FlyExclusive reported $91.3 million in second-quarter revenue, highlighting growth in its fractional and jet club charter membership programs along with significant fleet optimization. Company CEO Jim Segrave said the company’s results reflect “a rapid transformation of the business that we’ve been working on for 18 months now.” The improvements, he added, “seem to be continuing very nicely—maybe even accelerating.”

Over the past year and a half, FlyExclusive has reduced its number of nonperforming aircraft from 37 to 13. “We evaluate that on a P&L based on all the airplane’s activity,” Segrave explained. He noted that better parts availability and overnight maintenance have improved reliability and returns to service.

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