flyExclusive Enters Purchase Agreement with Textron Aviation for 14 Cessna Jets

flyExclusive entered into a purchase agreement with Textron Aviation for up to 14 additional Cessna Citation business jets. flyExclusive will purchase eight Cessna Citation XLS Gen2 aircraft to be delivered in 2024, and up to six Citation Longitudes, with initial deliveries of the first two Longitudes in 2025.

“This agreement reinforces flyExclusive’s rapid growth and further bolsters the company’s offerings in the fractional space. We continue to elevate the private flying experience, delivering consistent, reliable and world-class service for our customers,” Jim Segrave, chairman and CEO at flyExclusive, said. “We are proud to deepen our relationship with Textron Aviation and support high quality, American manufacturing. We appreciate Textron Aviation’s support as we continue to grow into one of the largest private jet charter operators in the industry.”

These aircraft will provide customers of flyExclusive Fractional additional options in the midsize and super-midsize segments.

“We’re proud that flyExclusive, a growing fractional operator, has chosen the Citation XLS Gen2 and Citation Longitude to offer comfortable, spacious and unforgettable experiences to their customers entering business aviation,” Ron Draper, president & CEO of Textron Aviation, said. “We appreciate their confidence in Textron Aviation as they continue to expand their already impressive Citation fleet and look forward to continuing our relationship for years to come.”

This agreement, in addition to flyExclusive’s agreement earlier this year for up to 30 Cessna Citation CJ3+ light jets, creates new opportunities to expand its fractional offering for customers.

flyExclusive Fractional owners have the benefits of:

  • Consistency, Versatility and Additional Fleet Access: flyExclusive’s entire fleet of more than 90 jets is available to Fractional owners through preferred Fractional pricing. If an aircraft is not available or the flyer needs hours beyond their allotment, they can count on flyExclusive’s fleet of light, midsize and super-midsize aircraft to meet their needs for any occasion.
  • No Monthly Management Fee: flyExclusive is expanding its daily rate and hourly rate concept, popular in its Aircraft Partnership program and Jet Club. Instead of paying a monthly fee, Fractional owners only pay a daily rate for the aircraft when they fly.
  • No Positioning Fees or Daily Minimums: Like flyExclusive’s popular Jet Club, with advance notice there are no repositioning fees with a Fractional share. Fractional owners enjoy the simplicity of a daily and hourly rate, providing both access and competitive pricing.
  • Ease of Use: Unlike full ownership, flyExclusive Fractional allows the peace of mind to simply plan travel and not worry about hiring and training crews, insurance and other regulatory matters. flyExclusive’s team of experts professionally manage those details so Fractional owners can simply enjoy their flight.
  • No Compromises: flyExclusive makes safety and service its highest priority. flyExclusive is one of only 5% of private jet operators to achieve both the ARGUS Platinum and Wyvern Wingman third-party audit certifications. The dedicated Services team is available 24×7 to assist with any trip planning and personalized needs. And, with a robust culture of safety and a safety management system governing operations, flyExclusive puts the safety of its flyers and crews first.

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