FlyExclusive (JRE, Kinston) has entered into a definitive agreement to acquire the aviation business of Jet.AI in an all-stock transaction, as the latter focuses solely on its AI solutions business.

“This strategic business combination is a natural fit for FlyExclusive to acquire Jet.AI’s aviation business, as both companies operate planes from Textron Aviation and Honda Aircraft, and the acquired assets will help support FlyExclusive’s 2025 growth plans,” the company said in a statement. “This deal is mutually…

Source: ch aviation
Read more: US's FlyExclusive acquires Jet.AI's aviation business