M&A Deal Summary

flyExclusive Acquires Jet.AI - Aviation Business

On February 14, 2025, flyExclusive acquired airliner Jet.AI - Aviation Business from Jet.AI

Acquisition Highlights
  • This is flyExclusive’s 1st transaction in the Airlines sector.
  • This is flyExclusive’s 1st transaction in the United States.
  • This is flyExclusive’s 1st transaction in Nevada.

M&A Deal Summary

Date 2025-02-14
Target Jet.AI - Aviation Business
Sector Airlines
Buyer(s) flyExclusive
Sellers(s) Jet.AI
Deal Type Divestiture

Target

Jet.AI - Aviation Business

Las Vegas, Nevada, United States
Jet.AI's Aviation Business provides aviation services.

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Buyer(S) 1

Buyer

flyExclusive

Kinston, North Carolina, United States

Category Company
Founded 2015
Sector Airlines
Revenue 327M USD (2024)
DESCRIPTION

flyExclusive is a vertically integrated, FAA-certificated air carrier providing private jet experiences by offering customers a choice of on-demand charter, Jet Club, and fractional ownership services to destinations across the globe. flyExclusive has one of the world’s largest fleets of Cessna Citation aircraft, and it operates a combined total of approximately 100 jets, ranging from light to large cabin sizes. flyExclusive was formed in 2015 and is headquartered in Kinston, North Carolina.


DEAL STATS #
Overall 1 of 2
Sector: Airlines M&A 1 of 2
Type: Divestiture M&A Deals 1 of 2
State: Nevada M&A 1 of 1
Country: United States M&A 1 of 2
Year: 2025 M&A 1 of 2
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2025-10-07 Volato s Aircraft Sales Division

Atlanta, Georgia, United States

Volato's Aircraft Sales Division, including Vaunt, a luxury experiential travel app providing access to private jet empty legs, and Mission Control, a cutting-edge flight management private aviation operation software. Volato's Aircraft Sales Division is based in Atlanta, Georgia.

Buy -

Seller(S) 1

SELLER

Jet.AI

Las Vegas, Nevada, United States

Category Company
Founded 2018
Sector Software
Employees8
Revenue 14M USD (2024)
DESCRIPTION

Jet.AI operates in two segments, software and aviation, respectively. The software segment features the B2C CharterGPT app, the Ava agentic booking AI, and the B2B Jet.AI Operator platform. The CharterGPT app and Ava both use natural language processing and machine learning to improve the private jet booking experience. The Jet.AI operator platform offers a suite of stand-alone software products to enable FAA Part 135 charter providers to add revenue, maximize efficiency, and reduce environmental impact. The Aviation segment features jet aircraft fractions, jet cards, on-fleet charter, management, and buyer’s brokerage. Jet.AI was founded in 2018 and is based in Las Vegas, Nevada.


DEAL STATS #
Overall 1 of 1
Sector: Airlines M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Nevada M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2025 M&A 1 of 1