“I don’t know why everyone doesn’t do it” flyExclusive’s Segrave on going public – video

The last 12 month’s have been some of the toughest that Jim Segrave, founder of flyExclusive has faced. 

He took the business jet operator he founded public vis a SPAC at the end of 2023. At the time he was busy finding demand to replace Wheels Up’s business – at its peak almost half of its revenue came from the membership company. On top of that he was also cutting older aircraft which were becoming too unreliable.

“It’s been a crazy year. It has been a massively transformational year,” Segrave tells Corporate Jet Investor. “It is probably the hardest year I think we have ever had in business and we’ve made the most progress we’ve ever made as well, so I’m pretty proud of what we were able to accomplish this year so far.”

Segrave sat down with Corporate Jet Investor at CJI Miami 2024.