FlyExclusive, a private jet transportation provider that offers specialized trip needs, is set to take flight in the public markets through a merger with EG Acquisition Corp. Segrave is an accomplished pilot with over 10,000 hours of flight time, an Airline Transport Pilot License, and type ratings in seven different jets, along with a commercial helicopter rating.
He has grown the company into one of the largest privately held companies in North Carolina, with a reputation for providing accessible and dependable private jet services.
Speaking live from the New York Stock Exchange floor, Segrave expressed his excitement about FlyExclusive's going-public transaction and what it means for the company's future. "We're thrilled to take this next step in our growth journey and to bring FlyExclusive to a wider audience," he said.
Segrave attributes much of FlyExclusive's success to its focus on customer service and its team-based approach to collaboration. "We're constantly thinking outside the box to create the highest quality experience for our customers, partners, and employees," he said.
FlyExclusive's business model is built around making private jet transportation more accessible and affordable for a wider range of customers. The company uses its proprietary software platform, FlyWare, to optimize its operations and provide real-time pricing for its customers. This approach has enabled FlyExclusive to build a loyal customer base and to achieve strong growth in recent years.
The going-public transaction with EG Acquisition Corp is expected to provide FlyExclusive with additional capital to fuel its growth and expand its operations. The company plans to use the funds to invest in technology, infrastructure, and talent, as well as to expand its geographic reach.
As FlyExclusive prepares to take flight in the public markets, Segrave remains confident in the company's ability to deliver value to its customers and investors alike. "We're excited to continue our mission of making private jet travel more accessible and affordable while maintaining our focus on safety, reliability, and exceptional service," he said.
FlyExclusive's going-public transaction with EG Acquisition Corp is an exciting development for the private jet transportation industry. With its customer-centric approach and focus on innovation, FlyExclusive is well-positioned to continue its strong growth trajectory and to deliver value to its customers and investors alike.