flyExclusive announces $25M strategic investment from ETG FE

flyExclusive announced the execution of a two-year revolving credit facility for up to $25.8 million with ETG FE LLC, an investment vehicle managed by EnTrust Global. As part of its strategic initiatives to accelerate operational excellence, grow the business, and execute its strategic plan to become the nation’s first fully vertically integrated private aviation company, flyExclusive said it will use the proceeds to support the continued evolution of the company’s fractional aircraft program. We believe this facility is a strong vote of confidence in flyExclusive’s strategy and continued initiatives to increase growth and profitability,” said Jim Segrave, Founder and CEO of flyExclusive.