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ACE 2026 - September 8th

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Flyte secures minority investment to accelerate AI operations
The FAA Part 135 operator welcomes a 19.98% strategic stake to support scalable fleet growth and AI-enabled optimisation.
Flyte operates a fleet of Cirrus Vision Jets equipped with whole-aircraft parachute and Safe Return autonomous landing systems.

Flyte has secured a strategic minority investment from Catheter Precision, with Catheter acquiring 19.98% equity ownership in the company. The minority investment ensures Flyte retains strategic and operational control of the company.

The investment enables scalable growth of the Flyte’s Vision Jet platform, supported by AI-driven optimisation across routing, pricing, dispatch and utilisation and long-term monetisation flexibility.

Marc Sellouk, CEO and founder of Flyte, says: “Flyte is operating today with certified aircraft, established routes and scalable infrastructure. Our model is rooted in disciplined execution, capital efficiency and measured growth, positioning us for the long-term evolution of regional air mobility. Demand for premium short-haul connectivity is accelerating, and Flyte is purpose-built for this moment, combining real operations, real infrastructure and a scalable fleet strategy focused on execution and long-term value creation.”

Flyte operates today in the same short-haul regional corridors targeted by future electric aircraft developers, generating operating data, route density and customer engagement using certified aircraft and established regulatory infrastructure.

Other News
 
Digital booking platform gives Flyte a shot in the arm
July 6, 2026
Through AI-enabled pricing, customer acquisition and marketing systems, Flyte has successfully identified and targeted travellers seeking efficient private aviation solutions for popular high-demand travel markets.
Flyte forges partnership with US Open star
June 28, 2026
Through this partnership, Flyte will showcase how its growing fleet of Cirrus Vision Jets can provide a faster, more flexible alternative to traditional travel options for short-haul regional routes.
Flyte signs up to Vaunt by Volato
June 15, 2026
By joining Vaunt’s operator network, Flyte’s growing fleet of Cirrus Vision Jets will gain access to Vaunt’s expanding member base, creating new opportunities to monetise repositioning flights.