{"id":12000,"date":"2024-01-27T13:12:23","date_gmt":"2024-01-27T10:12:23","guid":{"rendered":"https:\/\/aviation-news.info\/?p=12000"},"modified":"2024-01-27T13:12:23","modified_gmt":"2024-01-27T10:12:23","slug":"fly-exclusive-secures-25m-credit-facility","status":"publish","type":"post","link":"https:\/\/aviation-news.info\/?p=12000","title":{"rendered":"Fly Exclusive Secures $25M Credit Facility"},"content":{"rendered":"

Aviation News International – FlyExclusive secured a $25.8 million two-year revolving credit facility that will help the company continue to evolve its fractional aircraft program. The facility is through ETG FE, an investment vehicle managed by EnTrust Global.<\/p>\n

\u201cWe believe this facility is a strong vote of confidence in FlyExclusive\u2019s strategy and continued initiatives to increase growth and profitability,\u201d said FlyExclusive founder and CEO Jim Segrave. \u201cWe look forward to the continued partnership with ETG FE LLC and EnTrust Global, and believe this facility marks an important milestone in our journey to provide customers with the highest level of comfort, safety, and quality.\u201d<\/p>\n

The investment follows FlyExclusive’s move\u00a0to go public<\/a>\u00a0last month through a business combination with EG Acquisition\u2014which was sponsored by EnTrust Global and GMF Capital. In addition, the company lined up a $30 million investment from the state of North Carolina to help fund a new headquarters and pilot training center, among the initiatives the fractional ownership provider has undertaken toward vertical integration.<\/p>\n

 <\/p>\n

Source: https:\/\/www.ainonline.com\/aviation-news\/business-aviation\/2024-01-26\/flyexclusive-secures-25m-credit-facility<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Aviation News International – FlyExclusive secured a $25.8 million two-year revolving credit facility that will help the company continue to evolve its fractional aircraft program. The facility is through ETG FE, an investment vehicle managed by EnTrust Global. \u201cWe believe this facility is a strong vote of confidence in FlyExclusive\u2019s strategy and continued initiatives to …<\/p>\n","protected":false},"author":1,"featured_media":12001,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_bbp_topic_count":0,"_bbp_reply_count":0,"_bbp_total_topic_count":0,"_bbp_total_reply_count":0,"_bbp_voice_count":0,"_bbp_anonymous_reply_count":0,"_bbp_topic_count_hidden":0,"_bbp_reply_count_hidden":0,"_bbp_forum_subforum_count":0,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"_wpscppro_dont_share_socialmedia":null,"_wpscppro_custom_social_share_image":0,"_facebook_share_type":"","_twitter_share_type":"","_linkedin_share_type":"","_pinterest_share_type":"","_linkedin_share_type_page":"","_instagram_share_type":"","_medium_share_type":"","_threads_share_type":"","_google_business_share_type":"","_selected_social_profile":[],"_wpsp_enable_custom_social_template":false,"_wpsp_social_scheduling":{"enabled":false,"datetime":null,"platforms":[],"status":"template_only","dateOption":"today","timeOption":"now","customDays":"","customHours":"","customDate":"","customTime":"","schedulingType":"absolute"},"_wpsp_active_default_template":true},"categories":[98,102],"tags":[],"class_list":["post-12000","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-companies","category-featured-en"],"yoast_head":"\nFly Exclusive Secures $25M Credit Facility - aviation news<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/aviation-news.info\/?p=12000\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Fly Exclusive Secures $25M Credit Facility\" \/>\n<meta property=\"og:description\" content=\"Aviation News International – FlyExclusive secured a $25.8 million two-year revolving credit facility that will help the company continue to evolve its fractional aircraft program. 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