Kinston-based charter-flight operator flyExclusive began public stock trading Thursday after completing its combination with a New York special purpose acquisition company.
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FlyExclusive is facing a lawsuit from a peer company that has provided the Kinston-based charter-jet provider with much of its business. Here are the details from Business North Carolina.
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Kinston-based flyExclusive, a charter flight operator that employs several hundred people in eastern North Carolina, disclosed lots of financial and governance information this week as it prepares for a public offering.
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The Kinston-headquartered flyExclusive reportedly laid off 55 workers, about 14% of its workforce, months after announcing it planned to go public.
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The private charter jet company flyExclusive is preparing for take off as the company readies itself for a merger by signing a deal to buy 14 more planes.
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Kinston-based flyExclusive sees clear skies ahead, and will enter into a merger deal with a SPAC that values the company at $600M.
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There are 200 more jobs flying in to Kinston, as private jet operator and aviation company flyExclusive opened an expansion this week.
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The Kinston-headquartered flyExclusive, a private jet charter provider, will open an engineering hub in Durham, and has hired two new executives to further grow the company.
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