flyExclusive Expands Pre-owned Citation XLS+ Fractional Ownership Program

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fractional ownership financial

Fractional ownership is when a high-value asset is split into smaller pieces so multiple investors each own a defined portion rather than one person owning the whole thing. It matters to investors because it lowers the money needed to participate in expensive assets, makes it easier to diversify and trade smaller positions, and provides access to investments that would otherwise be unaffordable—much like buying slices of a pizza instead of the entire pie.

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Fractional shares are portions of a whole share of a stock or fund, allowing investors to own less than one full unit. They make it possible to invest a specific dollar amount rather than buy whole shares, like buying a slice of a pizza instead of the entire pie. For investors this lowers the cost barrier, helps with diversification, and lets you reinvest dividends or purchase expensive stocks in small, precise amounts.

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Midsize jets are commercial or business aircraft that sit between small light jets and large long-range airliners in size, passenger capacity and range — think of them like the mid‑size sedan of the aircraft world: roomier and capable of longer trips than a compact model but not as large or costly as a full‑size airliner. Investors watch this category because demand, operating costs, resale value and parts services for midsize jets affect manufacturers, leasing firms, charter operators and airlines, making it a meaningful driver of revenue and risk in aviation-related businesses.

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Satellite-based Wi‑Fi is internet connectivity delivered from orbiting satellites to devices on the ground, providing wireless access where traditional cables or cell towers are limited. Think of it as a cell tower in the sky that beams internet to homes, ships, planes and remote sites. Investors watch it because it can open large new markets, create recurring subscription revenue, require heavy upfront infrastructure and regulatory approval, and face competition and technical risk that affect returns.

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KINSTON, N.C.--(BUSINESS WIRE)-- flyExclusive (NYSE American: FLYX), a vertically integrated private aviation company, today announced the reintroduction of its Citation XLS+ fractional ownership program, making flyExclusive the only operator in the industry offering fractional shares on the XLS+ platform.

Fractional shares are available immediately, with pricing starting from $695,000 depending on share size. Additional XLS+ aircraft are expected to enter the program throughout 2026 to meet growing demand.

Unlike traditional fractional programs that layer on monthly management fees, flyExclusive's XLS+ fractional offering carries no monthly management fees, giving owners the economic benefits of direct ownership without the administrative burden. At its price point, the XLS+ fractional share offers a compelling value alternative to the Phenom 300 and Citation Ascend, delivering comparable or superior cabin comfort and performance at a lower entry cost.

"The XLS+ is one of the most capable and well-rounded midsize jets ever built, and our customers have made it clear they want fractional access to it," said Jim Segrave, Founder, Chairman, and CEO of flyExclusive. "We're proud to be the only operator in the market offering this aircraft on a fractional basis. It's a differentiated product at a price point that makes sense for owners who want real value without compromise."

Citation XLS+ — What Sets it Apart:

• One of the widest and tallest cabins in its class, delivering a spacious, comfortable experience
• Comfortable seating for up to 8 passengers
• Satellite based Wi-Fi connectivity
• Outstanding short-runway and hot-and-high performance, opening access to airports that larger aircraft cannot reach
• Efficient operating economics

Fractional owners benefit from flyExclusive's vertically integrated model, with all maintenance, avionics, and refurbishment handled in-house at the company's Kinston, North Carolina campus. This ensures consistent aircraft quality, high availability, and lower operating costs passed through to owners.

For more information about the XLS+ fractional program, visit www.flyexclusive.com or contact the flyExclusive sales team.

About flyExclusive

flyExclusive (NYSE American: FLYX) is a vertically integrated, FAA-certificated private aviation company providing charter, Jet Club membership, and fractional ownership services worldwide. The company operates one of the largest private jet fleets in the U.S., with full operational control over maintenance, refurbishment, and avionics through its in-house MRO facilities in Kinston, North Carolina. Learn more at www.flyexclusive.com.

Forward-Looking Statements

This press release contains certain forward-looking statements within the meaning of the federal securities laws. Forward-looking statements are predictions, projections, and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Many factors could cause actual future events to differ materially from the forward-looking statements in this document, including but not limited to: demand for fractional ownership shares; the pace of additional aircraft acquisitions; the Company's ability to attract and retain fractional customers; potential volatility of the Company's stock price; the ability of the Company to maintain compliance with NYSE American continued listing standards and maintain the listing of the Company's securities on a national securities exchange; the ability of the Company to timely file its required annual and quarterly reports with the SEC; the ability of the Company to comply with covenants under and repay its debt; the potential dilution of stock ownership by our capital raising efforts; the outcome of any legal proceedings; changes in the competitive and highly regulated industries in which flyExclusive operates; and the risk of downturns due to general economic or political uncertainties in the highly competitive aviation industry.

The foregoing list of factors is not exhaustive. You should carefully consider the foregoing factors and the other risks and uncertainties described in the "Risk Factors" section of flyExclusive's Annual Report on Form 10-K for the year ended December 31, 2025 and other documents filed by the Company from time to time with the SEC. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and the Company assumes no obligation and does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise. The Company does not give any assurance that it will achieve its expectations.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260312806400/en/

Media Contact
media@flyexclusive.com

Investor Relations Contact
investors@flyexclusive.com

Source: flyExclusive, Inc.