Streetbeat News

FLYX

flyExclusive, Inc.

https://www.flyexclusive.com

Industry

Airlines, Airports & Air Services

flyExclusive, Inc. owns and operates private jets worldwide. The company also offers jet charter services; ownership and leaseback programs for aircraft buyers; and aircraft maintenance, repair, interior, and paint services. In addition, it provides jet cards. The company is headquartered in Kinston, North Carolina. flyExclusive, Inc.operates as a subsidiary of LGM Enterprises, LLC.

Open

4.00

Mkt cap

70M

Volume

54K

High

4.49

P/E Ratio

-1.62

52-wk high

24.21

Low

3.68

Div yield

N/A

52-wk low

1.79

flyExclusive, a private aviation operator, is on track for growth with expected positive cash flow in Q4 2024 and positive EBITDA in early 2025. The company has reduced losses by selling underperforming aircraft and focusing on vertical integration and fractional Challenger 350 sales.

Portfolio Pulse from

December 20, 2024 | 6:30 pm

flyExclusive, Inc. (FLYX) held its Q3 2024 earnings call, discussing financial performance and company updates.

Portfolio Pulse from

November 15, 2024 | 1:30 am

The article reports on the after-market movements of various industrial stocks. Notable gainers include Professional Diversity (IPDN), Addentax Group (ATXG), and New Horizon Aircraft (HOVR), while significant losers include ShiftPixy (PIXY), Lakeside Holding (LSH), and Volato Group (SOAR).

Portfolio Pulse from Benzinga Insights

September 30, 2024 | 8:30 pm

flyExclusive, Inc. (NYSEAMERICAN: FLYX) has announced key leadership changes with Brad Garner as CFO, Matt Lesmeister expanding his role as COO, and Mike Guina as CCO. These appointments aim to strengthen the company's executive team.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2024 | 8:02 pm

The article highlights four industrial stocks with low RSI values, indicating they are oversold and may present buying opportunities. These stocks include Nikola Corp (NKLA), SES AI Corp (SES), Flyexclusive Inc (FLYX), and Jet.AI Inc (JTAI).

Portfolio Pulse from Avi Kapoor

September 24, 2024 | 11:38 am

Maison Solutions Inc. (NASDAQ:MSS) shares surged 91.4% in pre-market trading following a significant year-over-year increase in first-quarter sales. Other notable pre-market movers include Heart Test Laboratories, Inc. (NASDAQ:HSCS), Generations Bancorp NY, Inc. (NASDAQ:GBNY), and BioVie Inc. (NASDAQ:BIVI), among others.

Portfolio Pulse from Avi Kapoor

September 24, 2024 | 9:40 am

Volato Group, Inc. (AMEX:SOAR) shares surged premarket after announcing an agreement with flyExclusive, Inc. (NYSE:FLYX) to manage its fleet operations. This move is expected to reduce costs for Volato and allow focus on growth areas. A potential merger is also being considered.

Portfolio Pulse from Lekha Gupta

September 05, 2024 | 12:20 pm

Volato has entered a strategic agreement with flyExclusive to manage fleet operations, aiming to reduce costs and focus on growth in aircraft sales and software. There are also potential merger discussions ongoing.

Portfolio Pulse from Benzinga Newsdesk

September 04, 2024 | 8:27 pm

flyExclusive has entered into an aircraft management services agreement with Volato Group, which is expected to boost both companies' financial performance. flyExclusive will manage Volato's fleet operations, transferring approximately $75 million in revenues to flyExclusive.

Portfolio Pulse from Benzinga Newsdesk

September 03, 2024 | 11:23 am

Several industrial stocks experienced significant price movements during Monday's intraday session. Notable gainers included SIFCO Industries, Safe & Green Holdings, and Antelope Enterprises Holdings, while GrafTech International and Laser Photonics were among the biggest losers.

Portfolio Pulse from Benzinga Insights

September 02, 2024 | 4:30 pm

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