Financial Data and Key Metrics Changes - Total company revenue for Q3 2025 rose 20% year over year to $92 million, with year-to-date revenue expanding 15% to $272 million compared to the same period last year [9][19] - Adjusted EBITDA improved 72%, with a near break-even adjusted EBITDA loss of $1.9 million in Q3 2025 compared to a $13 million loss in Q3 2024, reflecting significant progress towards profitability [13][24] - Gross profit increased 82% year over year, with gross margin expanding by roughly 500 basis points [12][13] Business Line Data and Key Metrics Changes - MRO revenue grew 103% year over year in Q3, reaching $3.1 million, surpassing 2024's full-year revenue in the first nine months of 2025 [10][22] - Retail membership grew 51% year over year, with Jet Club sales increasing 17% and fractional sales up 68% year-to-date compared to last year [12][21] - Flight revenue in Q3 grew 17% year over year, driven by stronger aircraft performance and higher utilization [19][20] Market Data and Key Metrics Changes - The wholesale flight revenue totaled $47.5 million in Q3 2025, a 15% growth compared to Q3 of last year, with year-to-date wholesale revenue growing 4% to over $134 million [21] - Contractually committed hours grew 30% compared to Q3 2024, enhancing revenue visibility and predictability [9][20] Company Strategy and Development Direction - The company is focused on fleet modernization, having eliminated 26 non-performing aircraft over the past year, which has significantly improved operational efficiency and financial performance [5][26] - The strategy includes increasing the number of high-performing aircraft, with plans to reduce non-performing aircraft to mid-single digits by the end of 2025 and fully eliminate them in 2026 [6][26] - The company aims to leverage its MRO operations as a revenue driver and competitive advantage, expanding its internal capabilities to support fleet uptime and customer satisfaction [11][23] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in sustaining positive adjusted EBITDA going forward into 2026 and beyond, citing record demand and operational improvements [15][16] - The company anticipates continued growth in the fourth quarter, traditionally its busiest, with strong demand across all business segments [16][18] - Management highlighted the transformation achieved over the past year, emphasizing a more efficient, profitable, and reliable business model [28][29] Other Important Information - The company has a merger agreement with JetAI, which is expected to provide operational synergies and capital for growth [27] - An amendment to the Aircraft Management Services Agreement with Volado was announced, expected to generate $6 million-$8 million in profit in Q4 2025 [28] Q&A Session Summary Question: What are the expectations for future profitability? - Management indicated that they expect to generate positive adjusted EBITDA in the near term, with significant improvements in operational efficiency and fleet performance [24] Question: How is the company addressing the non-performing aircraft issue? - The company has reduced non-performing aircraft from 37 in 2024 to 11 in Q3 2025, with plans to further decrease this number [26] Question: What is the outlook for the MRO business? - The MRO business is expected to continue growing, with external demand driving significant revenue increases and supporting fleet operations [10][22]

1 DISCLAIMERS & OTHER IMPORTANT INFORMATION flyExclusive, Inc. Q3 2025 Earnings Review November 12, 2025 FORWARD-LOOKING INFORMATION. This Presentation contains certain forward-looking statements within the meaning of the U.S. federal securities laws with respect to flyExclusive the products and services offered by flyExclusive and the markets in which it operates and flyExclusive's expectations, intentions, strategies, assumptions or beliefs about future events, results of operations or performance or that ...

Group 1 - Creatd, Inc. expects to file its Quarterly Report on Form 10-Q for Q3 2025 on November 14, 2025, and will host an investor conference call on November 17, 2025 [1] - For Q3 2025, Creatd estimates preliminary revenues of nearly $1,000,000, representing a 163% year-over-year increase compared to Q3 2024 [1] - Revenues for the nine months ended September 30, 2025, are estimated at approximately $2.28 million, a 93% increase from the same period last year [1] Group 2 - The integration of Flyte is improving gross margins through operational efficiencies and a reduction in cost of revenue, with strengthened EBITDA performance during the quarter [2] - Creatd, Inc. focuses on investing in and operating businesses across technology, media, consumer, and capital markets, aiming to build, acquire, and accelerate assets with strong fundamentals and high growth potential [3] - Flyte is a private aviation company that aims to revolutionize air travel through accessibility and technology-driven innovation, offering a seamless booking platform and an on-demand model [4]

George. There you are. You just flew in, right.Hi. Yeah, I just came in. Hello.I just came in from Miami. How did it go. Yeah, it was. It was pretty smooth.Like I would. I would expect when they knocked down, you know. The initial call was 10% or normal, and they said maybe less than that of flights to the 40 most important airports.I'd expect that things would run a little easier. I feel bad for people that had their flights cancelled, but I think if you're going to a core market for an airline and I was c ...

Core Insights - Wheels Up Experience Inc. reported a revenue of $185.5 million for Q3 2025, a decrease of 4% year-over-year, primarily due to reduced flight revenue from discontinued membership programs [6][9] - The company achieved total gross bookings of $266.6 million, reflecting a 5% increase year-over-year, driven by a 14% growth in on-demand charter offerings [6][9] - The company is focused on fleet modernization, with the Phenom 300 becoming the largest fleet type in revenue service and the Challenger fleet reaching programmatic scale [4][6] Financial Performance - The net loss for Q3 2025 was $83.7 million, or $(0.12) per share, compared to a net loss of $57.7 million in Q3 2024, representing a 45% increase in losses [6][9][18] - Adjusted EBITDA loss was $23.2 million, while Adjusted EBITDAR loss was $19.7 million, both impacted by transitory fleet inefficiencies [6][9] - The company reported a quarter-end liquidity of $225 million, including $125 million in cash and cash equivalents [6][9] Operational Highlights - Wheels Up achieved a completion rate of 99% and an on-time performance of 89%, marking improvements of 1 percentage point and 4 percentage points year-over-year, respectively [7][9] - The company expects nearly 50% of its premium jet fleet to consist of Phenom and Challenger aircraft by the end of 2025, with a complete fleet transition anticipated by year-end 2026 [7][9] - The successful launch of the Signature Membership program has contributed to strong sales, with nearly 20% of total block sales for September and October coming from this new offering [7][9] Strategic Initiatives - Productivity initiatives are projected to exceed the original goal of $50 million, with expected annual run-rate cost savings of $70 million or more starting in Q1 2026 [6][9] - The company raised approximately $50 million in equity capital during Q3 2025 to support its fleet modernization program and general corporate purposes [7][9] - Wheels Up sold three non-core services businesses for $21.5 million, further streamlining operations and focusing on its fleet modernization strategy [8][9]

Core Insights - XCF Global, Inc. is expanding its reach into the approximately $17 billion U.S. private aviation market through a partnership with Impact Jets, LLC [1] - The collaboration aims to accelerate the adoption of Sustainable Aviation Fuel (SAF) by private jet operators and travelers [1] - Impact Jets will initiate a "Powered by XCF SAF" program to facilitate direct SAF purchasing for private jet operators and clients [1] Group 1 - XCF is a key player in decarbonizing the aviation industry through the use of SAF [1] - The partnership with Impact Jets involves a network of around 130 operators, creating a new growth channel for XCF [1] - The initiative focuses on providing verifiable and traceable SAF to enhance its adoption in the private jet sector [1]

Core Insights - Creatd, Inc. has launched Flyte Escapes, an AI-enhanced luxury travel service that offers integrated private jet itineraries, curated stays, and exclusive access for high-end clients [3][8] - Flyte Escapes aims to redefine experiential travel by leveraging first-party data and an in-house marketing engine to connect with qualified travelers and strategic brand partners [3][6] Company Overview - Creatd, Inc. focuses on investing in and operating businesses across technology, media, consumer, and capital markets, aiming to build and accelerate assets with strong fundamentals and high growth potential [10] - The company is positioned to explore future acquisitions and partnerships in the travel and hospitality sectors through Flyte Escapes [7] Product Offering - Flyte Escapes provides a seamless travel experience by combining private aviation, luxury accommodations, and curated experiences, all coordinated by expert concierges using AI-driven tools [4][5] - The service is designed for B2B partnerships, expanding Creatd's footprint in the experience travel market and creating new revenue streams [8] Market Positioning - Flyte Escapes is tailored to meet the evolving needs of private flyers who prioritize time, discretion, and effortless access, positioning Creatd at the forefront of a new era in luxury travel [6][7] - The initiative reflects a commitment to building experiences that resonate beyond the journey itself, celebrating unique moments and destinations [7]

Core Insights - Wheels Up Experience Inc. has announced a strategic partnership with AtYourJet and Chef Robert Irvine to enhance the in-flight dining experience for its Signature Members, introducing a digital ordering platform and chef-curated menus [1][3][4] Group 1: Partnership and Offerings - The partnership aims to elevate private jet dining standards, providing complimentary dining options for Wheels Up Signature Members and purchasable options for other flyers [1][2] - Two menu tiers will be available: a Complimentary Menu featuring classic favorites and a Premium A La Carte Menu that will rotate seasonally in ten key markets, with plans for expansion [2][4] Group 2: Culinary Expertise and Innovation - Chef Robert Irvine, a long-time Wheels Up member, brings culinary expertise to the collaboration, ensuring that dishes are designed for seamless transition from kitchen to cabin [3][5] - AtYourJet's digital ordering platform and extensive kitchen network will enhance consistency and quality control, addressing a common pain point in private aviation catering [3][5][6] Group 3: Membership Benefits - The new Wheels Up Signature Membership offers year-round access to a premium fleet, with flexible plan options starting at a $200,000 minimum deposit plus a small monthly fee [4] - Members can choose between the Dynamic Access Plan for flexibility and the Fixed Access Plan for consistent rates, along with access to exclusive events and experiences [4] Group 4: Company Background - Wheels Up is a leading provider of on-demand private aviation in the U.S., offering a diverse fleet and a global network of safety-vetted charter operators [7] - AtYourJet, founded in 2022, focuses on high-quality, locally sourced meals and aims to disrupt the private jet catering market with its digital platform [6][8]

Core Insights - Demand for private jets is increasing significantly, with Honeywell forecasting a record number of new business jet deliveries over the next decade despite economic uncertainties [1][2]. Group 1: Market Outlook - Honeywell's 34th annual Global Business Aviation Outlook estimates 8,500 new business jet deliveries worth $283 billion over the next 10 years, marking the highest total in its 34-year history [2]. - The average annual growth rate for business jet deliveries is projected at 3% [2]. - 20% of global operators surveyed reported having at least one aircraft on firm order, an increase from 17% the previous year [5]. Group 2: Factors Driving Demand - Recent economic growth, rising demand for fractional ownership, and ongoing advancements in aircraft technology are contributing to record levels of demand in business aviation [3]. - The restoration of 100% bonus depreciation under the One Big Beautiful Bill Act has spurred purchase activity, allowing businesses to write off the full cost of aircraft in the year they are put into service [8][9]. Group 3: Industry Response - Manufacturers are ramping up production to meet the growing demand, as operators increase their usage rates [5]. - Companies like Stella Jets have reported a surge in clients seeking new purchases following the tax rule restoration, indicating a strong market response [9][10]. Group 4: Demand Trends - Overall demand for private aviation is on the rise, with expectations for continued growth [10][11]. - Some industry experts believe that actual demand for new deliveries may exceed Honeywell's projections, based on observed increases in charter demand [11][13].

Core Insights - BOND, a new private aviation company, is backed by U.S. investment firm KKR and has made a significant order for Bombardier private jets [1] Company Summary - BOND placed a $1.7 billion order for 50 Bombardier private jets along with aftermarket services in June [1]