"flyExclusive ( NYSEAMEX:FLYX ) shares surged 115% in morning trading this morning after the company announced it had signed an authorized dealership agreement with Starlink, SpaceX 's satellite internet service. The deal allows flyExclusive to become a certified dealer and installer for Starlink's aviation connectivity system, enabling high-speed, low-latency Wi-Fi on aircraft. Installations will begin on flyExclusive's Challenger 350 fleet in early 2026, with services also available to third-party operators through its maintenance, repair, and overhaul (MRO) division."
"flyExclusive operates as a Part 135 private aviation provider, offering on-demand charter flights, fractional jet ownership, and Jet Club membership programs. The company manages a fleet of approximately 100 aircraft, primarily Cessna Citation models, serving clients seeking personalized travel. It also provides MRO services, including aircraft maintenance, interiors, and painting, emphasizing vertical integration to control costs and quality across its operations."
flyExclusive signed an authorized dealership and installer agreement with Starlink to offer Starlink's aviation connectivity system, enabling high-speed, low-latency Wi‑Fi on aircraft. Installations start on Challenger 350s in early 2026, and services will be offered to third-party operators via its MRO division. Shares rose 115% in morning trading on the announcement despite little movement over the prior year. flyExclusive operates as a Part 135 private aviation provider managing about 100 aircraft, mainly Cessna Citations, and offers charters, fractional ownership, and Jet Club memberships. The company reported third-quarter revenue of $92.1 million, with year-to-date revenue rising 15% to $272 million.
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