FLYX News & Events

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

flyExclusive announced two milestones in its proprietary technology development: the filing of a utility patent application for a novel aircraft schedule optimization architecture, and the availability of Contrails, its Flight Management System, to other Part 135 operators beginning in Q2 2026. Both announcements coincide with the company's presence at the NBAA Schedulers & Dispatchers Conference 2026 in Cleveland. "We have spent years building flyExclusive into one of the most operationally capable private aviation companies in the country. Contrails is how we make that expertise available to the broader industry-and the intellectual property behind it reflects the depth of investment we have made in solving problems that matter to every serious operator. We believe the right technology, built by people who actually run flights, changes what is possible in this industry. Today we are unable to source lift for nearly 300 trip requests per day. We believe Contrails will allow us to address that demand far more efficiently-both within our own operation and through coordination with other operators-and that represents a material revenue opportunity for flyExclusive and for all participating operators," Jim Segrave, Founder, Chairman and CEO, flyExclusive said.

flyExclusive announced the completion of a Starlink installation on a Challenger aircraft under its authorized Starlink dealership agreement. In addition to deploying Starlink across its own fleet, flyExclusive MRO has secured a multi-aircraft customer installation agreement under its authorized dealership arrangement. Management views third-party Starlink installations as a step in growing maintenance and avionics into a standalone revenue vertical, further diversifying the company's income streams beyond charter and fractional operations. The company said, "Leveraging its deep experience performing complex avionics and connectivity upgrades, flyExclusive MRO completed the Starlink installation in record time. Low-profile and lightweight in design, Starlink Aero Terminals are designed to be installed in a just a few hours, significantly reducing the time aircraft are out of service. flyExclusive MRO is now targeting a five-to-seven day cadence as additional aircraft move through the pipeline. flyExclusive MRO has performed numerous in-flight connectivity and avionics system upgrades across multiple aircraft platforms over the past several years. Management believes that experience enables the team to integrate Starlink efficiently while maintaining certification standards and minimizing aircraft downtime."

Volato (SOAR) announced that it has entered into an amendment to its aircraft management services agreement with flyExclusive (FLYX) providing for the sale of certain legacy intellectual property assets. The agreement provides for consideration valued at approximately $1.3M, payable in flyExclusive Class A common stock, subject to customary conditions. The assets relate to legacy intellectual property developed during earlier stages of the company's technology initiatives and are not part of Volato's current operating platforms. Volato continues to evaluate opportunities to streamline its asset base and focus resources on strategic priorities, including the continued development of its core software platforms and the pending business combination with M2i Global, Inc.