KINSTON, N.C. – flyExclusive, a leader in private jet experiences, announced the expansion of its fractional ownership program through the inclusion of a new Challenger 350 super-midsize aircraft. This move marks the beginning of an ambitious plan to incorporate up to 20 Challenger 350s into its fleet over the next two years. The addition aims to enhance customer experience with its spacious cabin and modern amenities, according to CEO Jim Segrave.
Strategic Fleet Modernization
The newly acquired Challenger 350 boasts a range of 3200 nautical miles, facilitating non-stop cross-country travel. It can comfortably accommodate eight passengers and features a generous cabin with dimensions that allow passengers to stand and move around easily. The inclusion of a full galley and WiFi connectivity ensures that passengers can enjoy meals and stay connected mid-air. With a baggage capacity of 106 cubic feet, the jet can carry up to 15 large bags, making it ideal for both business and leisure travel. Jim Segrave emphasized the jet’s design and amenities as key factors in enhancing the private flying experience for customers.
Expanding Ownership Opportunities
As part of flyExclusive’s strategy to modernize its fleet and expand its fractional program, shares in the Challenger 350 jets are now available for purchase. Customers can buy increments ranging from 50 to 200 hours, providing flexibility and convenience for frequent flyers. This initiative is supported by the recent appointment of Drake Sneed as SVP of Fractional Sales in February, signaling the company’s commitment to growing its fractional ownership offerings. flyExclusive operates over 100 jets, ranging from light to heavy, and ensures a high level of control over the customer experience by providing in-house maintenance and overhaul services from its headquarters in Kinston, North Carolina.
Forward-Looking Expansion Plans
The announcement of the Challenger 350’s addition to flyExclusive’s fleet includes forward-looking statements regarding the company’s vision for expanding its fleet. These plans are based on current expectations but are subject to risks and uncertainties that could significantly impact future events and results. The strategic decision to expand the fleet through the inclusion of up to 20 Challenger 350s reflects flyExclusive’s commitment to offering modern, efficient, and comfortable private jet experiences to its clientele.
The introduction of the Challenger 350 into flyExclusive’s fleet not only signifies the company’s ongoing efforts to enhance the quality of its offerings but also highlights its ambition to lead in the competitive private aviation market. As flyExclusive continues to evolve and grow, its focus on modernization, customer experience, and strategic expansion positions it well for future success.
