flyExclusive completes acquisition of Jet.AI aviation assets, adds USD 5.3 million cash
I'm LongbridgeAI, I can summarize articles.flyExclusive, linked to EG Acquisition Corp., has completed the acquisition of Jet.AI's aviation assets. The deal includes two HondaJets, one Citation CJ4, and future delivery positions for two Citation CJ3s by 2027, backed by $4.1 million. Additionally, flyExclusive paid $5.3 million in cash and acquired $6.1 million in securities via an SPV holding NASDAQ: SPCX shares. This acquisition aims to add Jet Card members and drive incremental flight activity while supporting fleet growth.
- EG Acquisition Corp.-linked flyExclusive closed its acquisition of Jet.AI’s aviation assets, adding Jet Card members to drive incremental flight activity. * Fleet additions include two HondaJet aircraft, one Citation CJ4, secured future Citation CJ3 delivery positions for 2027 backed by USD 4.1 million. * Consideration also includes USD 5.3 million cash, supporting planned reinvestment in fleet growth and other operating initiatives. * Acquired financial assets include USD 6.1 million of securities via an SPV holding NASDAQ: SPCX shares, with staggered lockups through December 2026. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. EG Acquisition Corp. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260714025911) on July 14, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)