flyExclusive has agreed funding of up to $25.8 million for the continued evolution of the company's fractional aircraft programme. The publicly-traded company has a two-year revolving credit facility with ETG FE, an investment vehicle managed by EnTrust Global.

"We believe this facility is a strong vote of confidence in flyExclusive's strategy and continued initiatives to increase growth and profitability," says founder and CEO Jim Segrave. "We look forward to the continued partnership with ETG FE and EnTrust Global, and believe this facility marks an important milestone in our journey to provide customers with the highest level of comfort, safety and quality."

In December 2023, flyExclusive completed its business combination with EG Acquisition Corp, sponsored by EnTrust Global and GMF Capital, and October 2023 it secured a $30 million investment from the state of North Carolina to fund a new headquarters and pilot training centre.

As bottlenecks within the industry have increased, flyExclusive prioritises vertical integration throughout its operations to minimise industry challenges.