flyExclusive and JetQuity Launch Residual Value Guarantee Program
flyExclusive, Inc. (FLYX)
Company Research
Source: Business Wire
The Program is designed to provide certainty and predictability in customers’ private jet share investments KINSTON, N.C.--(BUSINESS WIRE)--flyExclusive, Inc. (NYSEAMERICAN: FLYX) (“flyExclusive” or the “Company”), a publicly-traded provider of premium private jet charter experiences, today announced that fractional owners of its Cessna Citation CJ3+ fleet can lock in a minimum value of their share by participating in the JetQuity Protect residual value guarantee program.Fractional owners pay a one-time fixed fee, and after the five-year term, the Program guarantees a minimum residual value for their share, regardless of market depreciation, with no maximum on the share value. The Program provides certainty as to the future value of the asset while ensuring that fractional owners can sell their aircraft share at the guaranteed price.“Transparency and innovation are at the core of our fractional model and continue to differentiate us in the marketplace,” said Brad Blettner, Chief Re
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FLYX
News
- flyExclusive Appoints Matt Lesmeister as Chief Financial OfficerBusiness Wire
- flyExclusive Strengthens Leadership TeamBusiness Wire
- flyExclusive Receives Notice from NYSE American Regarding Late Filing of Quarterly Report on Form 10-QBusiness Wire
- flyExclusive Reports Full Year 2023 Financial ResultsBusiness Wire
- flyExclusive Receives Notice from NYSE American Regarding Late Filing of Annual Report on Form 10-KBusiness Wire
FLYX
Sec Filings
- 6/25/24 - Form 8-K
- 5/28/24 - Form 8-K
- 5/10/24 - Form NT
- FLYX's page on the SEC website