{"id":8441,"date":"2017-10-04T11:46:54","date_gmt":"2017-10-04T17:46:54","guid":{"rendered":"http:\/\/flightlistpro.com\/private-jet-charter\/?p=8441"},"modified":"2017-10-04T11:46:54","modified_gmt":"2017-10-04T17:46:54","slug":"charter-one-way-operator-flyexclusive-growth","status":"publish","type":"post","link":"http:\/\/flightlistpro.com\/private-jet-charter\/charter-one-way-operator-flyexclusive-growth\/","title":{"rendered":"Charter Floating Fleet Operator flyExclusive Plans Rapid Growth"},"content":{"rendered":"<h1 class=\"detail__headline\">After Delta acquisition, aviation entrepreneur charts growth with new airline<\/h1>\n<p><span class=\"detail__meta__byline\">By <a href=\"https:\/\/www.bizjournals.com\/triangle\/news\/2017\/05\/04\/after-delta-acquisition-kinston-aviation.html\" target=\"_blank\" rel=\"noopener\">Lauren K. Ohnesorge<\/a>,\u00a0<\/span><span class=\"detail__meta__byline-info\">Staff Writer-\u00a0<\/span><span class=\"detail__meta__byline-info\"><em>Triangle Business Journal<\/em><\/span><\/p>\n<p class=\"content__segment\"><a href=\"https:\/\/i0.wp.com\/flightlistpro.com\/private-jet-charter\/wp-content\/uploads\/2017\/07\/fly-exclusive-.jpg\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"alignright size-medium wp-image-8438\" src=\"https:\/\/i0.wp.com\/flightlistpro.com\/private-jet-charter\/wp-content\/uploads\/2017\/07\/fly-exclusive-.jpg?resize=300%2C113\" alt=\"\" width=\"300\" height=\"113\" srcset=\"https:\/\/i0.wp.com\/flightlistpro.com\/private-jet-charter\/wp-content\/uploads\/2017\/07\/fly-exclusive-.jpg?resize=300%2C113 300w, https:\/\/i0.wp.com\/flightlistpro.com\/private-jet-charter\/wp-content\/uploads\/2017\/07\/fly-exclusive-.jpg?w=500 500w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a>Seven years after selling his private jet service to Delta Air Lines, aviation entrepreneur\u00a0Jim Segrave\u00a0is &#8220;getting the band back together&#8221; in Kinston.<\/p>\n<p class=\"content__segment\">His new charter company, LGM Enterprises, is doing business as flyExclusive at Global Transpark. And it involves many of the same employees that helped him build Segrave Aviation,\u00a0purchased by Delta subsidiary Delta AirElite in 2010 for an undisclosed sum.<\/p>\n<p class=\"content__segment\">This time, however, Segrave is doing things a bit differently. \u201cWe own all our own planes, for one,\u201d he says.<\/p>\n<p class=\"content__segment\">To cover the costs, LGM has closed on $315,000 in debt capital, part of an offering capped at $2.5 million,\u00a0according to a securities filing disclosed May 3rd.<\/p>\n<h4 style=\"border: 1px solid navy; padding: 10px; margin: 5px; clear: both; float: right; width: 170px; text-align: center;\"><em>flyExclusive and its 20-aircraft fleet are included in the Floating Fleets section of\u00a0<a href=\"http:\/\/flightlistpro.com\/\">FlightList PRO<\/a>&#8216;s multi-search platform along with all 232 floating fleet aircraft and 14 operators. \u00a0Get your free 30-day trial <a href=\"https:\/\/flightlistpro.com\/\">here<\/a>.<\/em><\/h4>\n<p class=\"content__segment\">The 2-year-old firm already has a fleet of more than 20 airplanes, according to Segrave. He says flyExclusive adds a plane every two to three weeks.<\/p>\n<p class=\"content__segment\">While the first company had 17 different types of jets in its fleet, the new firm has just two. He says standardization means all of his pilots can fly all of his planes \u2013 giving him scheduling flexibility.<\/p>\n<p style=\"padding-left: 30px;\"><em>Editor note: The fleet currently includes 7 Citation CJ2 light jets, and 13 Citation Excel\/XLS aircraft, all model year 2000-2008. \u00a0<a href=\"http:\/\/www.flyexclusive.com\/\">flyExclusive<\/a> was recently highlighted in a <a href=\"https:\/\/flightlistpro.com\/private-jet-charter\/two-popular-us-charter-operators-now-argus-platinum\/\">previous charter alert<\/a> as now being approved for the ARGUS Platinum rating.<\/em><\/p>\n<p class=\"content__segment\">Segrave says the business model is working. FlyExclusive targets high net-worth individuals, business executives and families. Already, the company averages about 1,500 hours per month in the air, with about a $60 million annual run rate, he adds. The goal is to increase the fleet to 50 airplanes \u201cas fast as I can do it,\u201d he explains. \u201cIt will probably take me two years.\u201d<\/p>\n<p class=\"content__segment\">The firm has 110 employees.<\/p>\n<p><a href=\"https:\/\/www.bizjournals.com\/triangle\/news\/2017\/05\/04\/after-delta-acquisition-kinston-aviation.html\" target=\"_blank\" rel=\"noopener\">Article in Triangle Business Journal here<\/a><\/p>\n<hr \/>\n<p><em><a href=\"http:\/\/flightlistpro.com\/private-jet-charter\/operator-latitude-33-aviation-now-handles-jet-sources-charter-requests\/\" target=\"_blank\" rel=\"noopener\">Previous Charter Alert about flyExclusive, 7\/14\/17<\/a><\/em><\/p>\n<hr \/>\n<p>Sources: \u00a0Article in Triangle Business Journal, public information<\/p>\n<p><em>All 20 flyExclusive charter aircraft are available in the <a href=\"http:\/\/flightlistpro.com\/\">FlightList PRO<\/a>\u00a0multi-search platform which includes all 16,631 charter aircraft and 3,419 charter operators worldwide. \u00a0FlightList PRO is used by the most successful and experienced\u00a0brokers and travel professionals in the industry; 80% of users have arranged charters more than 10 years, 25% more than 20 years.<\/em><\/p>\n<p><em>Air Charter Alerts by FlightList PRO, are the latest announcements in the private air charter industry about operators, brokers and charter aircraft, and geared towards active participants in the industry.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8216;<br \/>\nSeven years after selling his private jet service to Delta Air Lines, aviation entrepreneur\u00a0Jim Segrave\u00a0has been &#8220;getting the band back together&#8221; in Kinston, NC.<\/p>\n<p>His new charter company, LGM Enterprises, is doing business as flyExclusive. And it involves many of the same employees that helped him build Segrave Aviation,\u00a0purchased by Delta subsidiary Delta AirElite in 2010 for an undisclosed sum.<\/p>\n<p>This time, however, Segrave is doing things a bit differently . . .<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_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}},"categories":[4,43,1],"tags":[81,133,56,101],"class_list":["post-8441","post","type-post","status-publish","format-standard","hentry","category-operator-updates","category-private-aviation-industry-news","category-uncategorized","tag-citation","tag-floating-fleet","tag-jet-charter-operator","tag-private-aviation-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.8 (Yoast SEO v27.4) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Charter Floating Fleet Operator flyExclusive Plans Rapid Growth - Jet Charter News Alerts, Broker-Operator Directory - FlightList PRO<\/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:\/\/flightlistpro.com\/private-jet-charter\/charter-one-way-operator-flyexclusive-growth\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Charter Floating Fleet Operator flyExclusive Plans Rapid Growth\" \/>\n<meta property=\"og:description\" content=\"&#039; Seven years after selling his private jet service to Delta Air Lines, aviation entrepreneur\u00a0Jim Segrave\u00a0has been &quot;getting the band back together&quot; in Kinston, NC.  His new charter company, LGM Enterprises, is doing business as flyExclusive. And it involves many of the same employees that helped him build Segrave Aviation,\u00a0purchased by Delta subsidiary Delta AirElite in 2010 for an undisclosed sum.  This time, however, Segrave is doing things a bit differently . . .\" \/>\n<meta property=\"og:url\" content=\"https:\/\/flightlistpro.com\/private-jet-charter\/charter-one-way-operator-flyexclusive-growth\/\" \/>\n<meta property=\"og:site_name\" content=\"Jet Charter News Alerts, Broker-Operator Directory - FlightList PRO\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/flightlistpro\/\" \/>\n<meta property=\"article:published_time\" content=\"2017-10-04T17:46:54+00:00\" \/>\n<meta property=\"og:image\" content=\"http:\/\/flightlistpro.com\/private-jet-charter\/wp-content\/uploads\/2017\/07\/fly-exclusive--300x113.jpg\" \/>\n<meta name=\"author\" content=\"FlightList PRO\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@FlightListPro\" \/>\n<meta name=\"twitter:site\" content=\"@FlightListPro\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"FlightList PRO\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/flightlistpro.com\\\/private-jet-charter\\\/charter-one-way-operator-flyexclusive-growth\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/flightlistpro.com\\\/private-jet-charter\\\/charter-one-way-operator-flyexclusive-growth\\\/\"},\"author\":{\"name\":\"FlightList PRO\",\"@id\":\"https:\\\/\\\/flightlistpro.com\\\/private-jet-charter\\\/#\\\/schema\\\/person\\\/79715dff4466bd0fd6079046aa0ed2fd\"},\"headline\":\"Charter Floating Fleet Operator flyExclusive Plans Rapid Growth\",\"datePublished\":\"2017-10-04T17:46:54+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/flightlistpro.com\\\/private-jet-charter\\\/charter-one-way-operator-flyexclusive-growth\\\/\"},\"wordCount\":428,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/flightlistpro.com\\\/private-jet-charter\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/flightlistpro.com\\\/private-jet-charter\\\/charter-one-way-operator-flyexclusive-growth\\\/#primaryimage\"},\"thumbnailUrl\":\"http:\\\/\\\/flightlistpro.com\\\/private-jet-charter\\\/wp-content\\\/uploads\\\/2017\\\/07\\\/fly-exclusive--300x113.jpg\",\"keywords\":[\"Citation\",\"Floating Fleet\",\"Jet Charter Operator\",\"Private Aviation News\"],\"articleSection\":[\"Operator Updates\",\"Private Aviation Industry News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/flightlistpro.com\\\/private-jet-charter\\\/charter-one-way-operator-flyexclusive-growth\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/flightlistpro.com\\\/private-jet-charter\\\/charter-one-way-operator-flyexclusive-growth\\\/\",\"url\":\"https:\\\/\\\/flightlistpro.com\\\/private-jet-charter\\\/charter-one-way-operator-flyexclusive-growth\\\/\",\"name\":\"Charter Floating Fleet Operator flyExclusive Plans Rapid Growth - 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