FlyExclusive Launches Fractional Ownership Program

A day after Textron Aviation announced a deal with flyExclusive for up to 30 Cessna Citation CJ3+ jets, the Kinston, North Carolina–based Part 135 operator announced the launch of a fractional-share program that will be supported by the light twinjets.

FlyExclusive Fractional will offer shares in the CJ3+ with no monthly management fees and no positioning fees or daily minimums. Instead, fractional owners will pay daily and hourly rates featured in flyExclusive’s Jet Club and Partnership programs. Also, flyExclusive’s fleet of 85 light, midsize, and super-midsize jets will be available to fractional owners through preferred fractional pricing, the company said.

FlyExclusive told BJT it would not publicly disclose specific pricing or fractional share information, but fractional sales start at 40 hours and larger increments are available.