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ONEflight International named Official Private Aviation Partner of the McLaren Mastercard Formula 1 Team
Globenewswire· 2026-01-23 15:00
DENVER, Jan. 23, 2026 (GLOBE NEWSWIRE) -- McLaren Racing today announced a partnership that will see ONEflight International become the McLaren Mastercard Formula 1 Team’s Official Private Aviation Partner. The multi-year collaboration brings together two world-class brands defined by precision performance, innovation, and an uncompromising commitment to excellence. Founded in 2010, ONEflight is a global aviation company providing members with seamless access to a worldwide network of private aircraft. As O ...
From air taxis to sustainable fuel, Jetex targets ultimate efficiency
Gulf Business· 2026-01-22 06:26
Jetex founder and CEO Adel Mardini at the private aviation firm's VIP terminal in Dubai. (Image: Gulf Business)For nearly two decades, Adel Mardini has done what few founders in private aviation have managed. He has built Jetex by reshaping the private aviation market, using Dubai’s geographic reach and regulatory openness to scale a premium service across regions.Under his leadership, Jetex has grown from a single location into a network spanning 38 locations globally, set to reach 75 by the end of next y ...
Wheels Up Announces Ben Griffin as Brand Ambassador
Prnewswire· 2026-01-21 13:30
As a Wheels Up Ambassador, Griffin will engage with the Wheels Up community through select moments and experiences throughout the year. His appointment underscores Wheels Up's broader strategic focus on professional sports, with a dedicated team in place to support the individual and team travel needs of athletes, coaches, and sports organizations. PGA Tour Standout Joins the Wheels Up Community ATLANTA, Jan. 21, 2026 /PRNewswire/ -- Wheels Up Experience Inc. (NYSE: UP), one of the world's leading providers ...
Wheels Up Achieves Record Operational Milestone of Consecutive Zero Cancellation Days
Prnewswire· 2026-01-20 13:30
14 consecutive zero cancellation days sets new benchmark for the company About Wheels Up Wheels Up is a leading provider of on-demand private aviation in the U.S. with a large, diverse fleet and a global network of safety-vetted charter operators, all committed to safety and service. Customers access charter and membership programs and commercial travel benefits through a strategic partnership with Delta Air Lines. Wheels Up also provides cargo services to a range of clients, including individuals and gover ...
Off The Hook Yachts Launches Nationwide Dealer Incentive Program Through Strategic Partnership with flyExclusive
Globenewswire· 2026-01-15 13:30
Core Insights - Off The Hook YS Inc. has launched a nationwide dealer incentive program in partnership with flyExclusive to enhance dealer engagement and transaction volume, solidifying its position as the largest buyer and seller of pre-owned boats in the U.S. [1][3] Group 1: Company Overview - Off The Hook YS Inc. is recognized as America's largest buyer and seller of pre-owned boats, with a focus on transforming the market for approximately 1 million used boats sold annually in the U.S., valued at an estimated $10 billion [3][5] - The company utilizes proprietary AI-powered systems and a national acquisition model, achieving over $100 million in boat purchases annually with a 5X inventory turn [5] Group 2: Incentive Program Details - The new incentive program allows eligible dealer partners to earn private aviation flight hours with flyExclusive, creating a performance-based reward structure that aligns with Off The Hook's operational scale and efficiency [2][3] - This initiative aims to deepen dealer relationships and enhance the national acquisition and brokerage network of Off The Hook Yachts [1][3] Group 3: Strategic Partnership - The collaboration with flyExclusive is expected to introduce private aviation benefits that support the business operations of dealers and customers, thereby connecting the marine and aviation sectors on a national scale [3][4] - The partnership is seen as a strategic move to strengthen Off The Hook's national network and create powerful incentives for high-performing dealers [3]
flyExclusive Acquires Two Additional Challenger 350 Aircraft Advancing Fleet Modernization and High-Contribution Growth in 2026
Businesswire· 2026-01-14 13:45
Core Insights - flyExclusive has announced the addition of two Challenger 350 aircraft to its fleet, continuing its expansion strategy for high-contribution super-midsize capacity as part of its 2026 fleet modernization plan [1][4] - The company aims to enhance its Challenger fleet, which now totals eight aircraft, as part of a multi-year strategy focused on capital deployment into aircraft categories that yield strong utilization and contribution across various service offerings [2][5] Fleet Expansion and Strategy - The Challenger fleet is the most economically productive segment of flyExclusive's operations, driven by strong customer demand and favorable operating characteristics [2] - The company plans to equip the Challenger platform with Starlink technology, enhancing connectivity and customer experience [3] - Management emphasizes a disciplined capacity strategy aimed at long-term value creation rather than opportunistic growth, with expectations for additional Challenger aircraft to join the fleet throughout 2026 [4] Operational Efficiency - flyExclusive's fleet modernization initiative focuses on modern aircraft types with attractive lifecycle economics, supported by in-house maintenance, refurbishment, and avionics upgrades [4] - The company aims to align aircraft additions with demand trends to improve utilization and strengthen unit economics across its service offerings [5] - The targeted acquisition of Challengers is expected to be a significant driver of revenue quality and operating leverage for the company [5] Company Overview - flyExclusive is a vertically integrated, FAA-certificated private aviation company providing charter, Jet Club membership, and fractional ownership services globally [6] - The company operates one of the largest private jet fleets in the U.S., maintaining full operational control over maintenance and upgrades through its facilities in Kinston, North Carolina [6]
Recent Market Movements Highlight Key Sector Trends
Financial Modeling Prep· 2026-01-13 00:00
Company Highlights - Envirotech Vehicles, Inc. (NASDAQ:EVTV) experienced a price surge to $1.37, marking an increase of approximately 195.83%, driven by investor optimism around zero-emission electric vehicles and a merger framework with AZIO AI [1][6] - Lulu's Fashion Lounge Holdings, Inc. (LVLU) recorded a price jump to $14.94, translating to a 120.75% increase, benefiting from strong e-commerce trends and a 5% stake acquisition by Friedland Enterprises advocating for governance reforms [2][6] - Wheels Up Experience Inc. (UP) saw its price increase to $1.09, up by 61.98%, as interest in private aviation services rebounds, although trading volume declined by 57% from the average [3] - Biodesix, Inc. (BDSX) had its price rise to $8.42, a 54.21% increase, driven by advancements in diagnostic solutions and positive preliminary revenue results for Q4 and full-year 2025 [4] Industry Trends - The movements in these companies reflect a mix of sector-specific trends, including the growing emphasis on sustainable transportation, innovative healthcare solutions, and the rebound in travel and e-commerce [5]
flyExclusive Announces Pricing of $15 Million Public Offering of Common Stock
Businesswire· 2026-01-09 13:08
Core Viewpoint - flyExclusive, Inc. has announced the pricing of its public offering of 2,255,639 shares at a price of $6.65 per share, indicating a strategic move to raise capital in the private aviation sector [1] Group 1: Company Details - The company is identified as one of the leading private aviation operators in the United States [1] - The public offering is underwritten, with Lucid Capital Markets serving as the sole book-running manager [1] Group 2: Financial Information - The offering price is set at $6.65 per share, which is before deducting underwriting discounts, commissions, and offering expenses [1] - A total of 2,255,639 shares will be offered in this public offering [1]
flyExclusive Announces Proposed Public Offering of Common Stock
Businesswire· 2026-01-08 21:40
Core Viewpoint - flyExclusive, Inc. is initiating an underwritten public offering of its common stock, subject to market conditions, with no assurance on the timing or terms of the offering [1] Company Overview - flyExclusive is a vertically integrated, FAA-certificated air carrier that provides private-jet experiences through on-demand charter, Jet Club membership, and fractional ownership programs [5] - The company operates one of the largest Citation fleets in the United States and offers comprehensive maintenance, repair, and overhaul (MRO), paint, interiors, and avionics services at its Kinston, North Carolina campus [5] Offering Details - Lucid Capital Markets is the sole book-running manager for the offering, which is made under a shelf registration statement filed with the SEC [2] - A preliminary prospectus supplement and accompanying prospectus will be filed with the SEC and made available on their website [3]
与Starlink签署授权经销协议 flyExclusive(FLYX.US)盘前涨超81%
Zhi Tong Cai Jing· 2026-01-08 14:36
Core Viewpoint - flyExclusive has signed an authorized dealership agreement with Starlink, becoming a certified dealer and installation service provider for its aviation high-speed, low-latency internet system [1] Group 1: Partnership and Deployment - flyExclusive will be the first to deploy Starlink's aviation internet solution within its own fleet, aiming to provide near-streaming-level internet experience, real-time communication, and stable VPN performance at high altitudes [1] - The partnership is expected to significantly enhance the in-flight experience for passengers and set new industry standards [1] Group 2: Expansion of Services - As an authorized dealer and installation partner for Starlink, flyExclusive will also offer sales, installation, and after-sales support services to third-party aircraft owners and operators [1] - This initiative will further expand the company's growing MRO (Maintenance, Repair, and Overhaul) capabilities, allowing private jet customers to receive a comprehensive service from a single trusted partner, covering configuration, professional installation, testing, and ongoing support [1]