FlyExclusive to Upsize Fleet With Citation Buy

FlyExclusive continues to grow with a purchase of 14 Cessna Citation business jets.

Tuesday, October 18, 2022 at 12:44 PM ET

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FlyExclusive has entered into an agreement to purchase eight Cessna Citation XLS Gen2 aircraft and up to six Citation Longitudes. [Courtesy: flyExclusive]

Key Takeaways:

FlyExclusive placed an order for up to 14 new Cessna Citation business jets (XLS Gen2 and Longitude) from Textron Aviation, with deliveries starting in 2023 and 2025, and exercised an option for 5 additional Citation CJ3+ aircraft for 2024 delivery.
This significant fleet expansion aims to bolster FlyExclusive's fractional program offerings, particularly in the midsize and super-midsize segments.
The aircraft acquisition is part of FlyExclusive's broader rapid growth strategy, which includes a recently announced merger and the opening of a new large hangar at its Kinston base.

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FlyExclusive, a Part 135 operation out of Kinston, North Carolina, continues its growth by placing an order for up to 14 additional Cessna Citation business jets, according to the company.

Textron Aviation (NYSE: TXT), the parent company of Cessna, announced today that flyExclusive had entered into an agreement to purchase eight Cessna Citation XLS Gen2 aircraft to be delivered in 2023 and up to six Citation Longitudes, the first delivery of which will take place in 2025.