flyExclusive to acquire the aviation business of Jet.AI.

flyExclusive, a provider of premium jet charter experiences, agreed to acquire the aviation business of Jet.AI, a private aviation and artificial intelligence company. Financial terms were not disclosed. “The proposed transaction with Jet.AI is the latest example of the value flyExclusive’s vertically integrated private aviation platform provides to industry participants. The transaction benefits flyExclusive investors and will augment our continued growth and market share expansion as an industry leader. Additional growth capital and new shareholders provide an early tailwind in 2025 as we onboard additional high-performance aircraft and serve strong demand for our differentiated customer service," Jim Segrave flyExclusive Founder and CEO.