flyExclusive Q2 Results, LA Goes After Private Jet Tax Revenue

flyExclusive reported a $111 million Q2, but behind the headline are improving margins, positive adjusted EBITDA, a complicated capital structure, and a $5 million loan carrying a stated 26.5% rate.

This week on The VIP Seat, Jessie Naor and Preston Holland break down flyExclusive’s Q2 2026 results: revenue growth, gross-margin improvement, fractional-program revenue, MRO, Jet Club activity, debt, and the related-party disclosures investors should read carefully. This is industry commentary only: not investment or financial advice.

Also in this episode:

• SC Aviation acquires Heartland Aviation in Wisconsin
• Atlantic introduces its Ascend operator savings program
• LA County’s use of aircraft-tracking data in property-tax assessments
• An Indiana farmer charged after allegedly shooting at a crop-dusting aircraft
• Hera Flight’s reported Gulfstream G-IV runway-excursion and gear-collapse event
• The Atlanta Plane Train runway carpet is apparently installed backwards
• Aviation social-media nonsense, a $40 million “detailer” sale, and more

Thanks to this week’s sponsors, AB Jets and RealJet.

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