FLYX News & Events

flyExclusive (FLYX) announced that the Registration Statement on Form S-4 filed in connection with its previously announced transaction with Jet.AI (JTAI) has been declared effective by the U.S. Securities and Exchange Commission.The effectiveness of the S-4 marks a key milestone in advancing the transaction toward JTAI stockholder approval and closing, which is expected to continue expanding flyExclusive's scale through the acquisition of Jet.AI's aviation operating business, including Citation and HondaJet aircraft and customers, and growth capital expansion while positioning flyExclusive to accelerate the deployment of capital directly into revenue-generating assets. Upon closing, flyExclusive expects to integrate these aviation assets into its vertically integrated platform, immediately enhancing network capacity and utilization while capturing incremental demand across both retail and wholesale channels. The transaction is structured to convert capital directly into revenue-generating assets and contracted demand, consistent with the Company's disciplined growth strategy. The Company expects to deploy capital to support near-term fleet expansion, including the planned delivery of three Citation CJ3 aircraft beginning in 2027, further supporting the Company's fleet modernization initiative. These aircraft are expected to add high-demand capacity across the network to support growing demand across both retail and wholesale channels. The transaction is also expected to enhance liquidity and provide additional financial flexibility to support continued investment in fleet, maintenance infrastructure, and operational scaling initiatives.

Jet.AI (JTAI) announced that the parties have agreed to extend the outside date of the merger agreement between flyExclusive (FLYX) and Jet.AI to June 30, 2026, with closing expected in the second quarter of 2026. "We're enthusiastic about the deal and remain fully committed," said Jet.AI Founder and Executive Chairman Mike Winston. "The SEC review process included comments related to flyExclusive's disclosures for the 2023 period. The comments were addressed and fully resolved. With that progress, we are moving forward toward closing."

flyExclusive announced the launch of its Jet Club 2026, a redesigned version of its flagship membership program, built to benefit members, deliver simpler pricing, greater flexibility, and more predictable costs for members. The new program removes structural complexity across pricing and membership terms, while introducing a long-term model designed around how customers actually use private aviation and rewards members for longer flights. Jet Club 2026 launches at a time when fuel prices have increased sharply across the aviation industry, driving surcharges and pricing changes in many fractional and jet card programs and ad hoc charter. Against that backdrop, the Jet Club 2026 introduces all-in pricing with no fuel surcharge, and locks in member flying rates for 24 months from the time of deposit. This structure provides members with a predictable cost framework regardless of short-term movements in fuel markets.

flyExclusive files to sell 4.96M shares of Class A common stock for holders