flyExclusive adds two more Challenger 350s to its fleet
Kinston-based private aviation company flyExclusive announced the addition of two Challenger 350 aircraft to its fleet.
The additions bring flyExclusive’s Challenger fleet to eight aircraft. flyExclusive said that its Challenger fleet currently represents the most economically productive segment, driven by strong customer demand, broad mission flexibility, and favorable operating characteristics.
The Challenger platform will be the first aircraft in the flyExclusive fleet to be equipped with Starlink, with installations to begin immediately. flyExclusive last week announced that it has become authorised Starlink Aviation dealer, installing high-speed in-flight connectivity on its own fleet and for maintenance, repair, and overhaul clients.
“These additions reflect a deliberate capacity strategy focused on long-term value creation, not opportunistic growth,” said Jim Segrave, founder, chairman, and CEO of flyExclusive.
“The Challenger platform continues to demonstrate superior contribution and reliability across our customer base. Expanding this category improves availability for our customers while strengthening overall fleet economics. We expect multiple additional Challengers, as well as additional XLS and CJ3’s to enter the fleet throughout 2026 as we continue executing this disciplined approach.”
The aircraft are part of flyExclusive’s broader fleet modernisation initiative.
In a separate notice by Jet.AI, the company said it remains committed to merger agreement with flyExclusive and outside date of the merger to April 30th, 2026, with closing expected in the first quarter of 2026.
Earlier in February 2025, flyExclusive announced they have entered into a definitive agreement to acquire aviation business of private aviation and artificial intelligence company Jet.AI in an all-stock transaction.
The acquisition terms include a premium valuation for Jet.AI’s aviation business, with flyExclusive set to pay between 115% and 120% of the net cash value. This translates to an expected purchase price ranging from $12-22m, based on projections at the time.
