EG Acquisition (flyExclusive) reported FY 2025 revenue of USD 375.9 million (+14.9%) and a net loss of USD 67.1 million. Loss from operations was USD 47.2 million, while Adjusted EBITDA was a loss of USD 7.0 million and Adjusted EBITDAR was USD 12.4 million. By revenue line, jet club and charter revenue was USD 325.5 million (+10.2%), fractional ownership revenue was USD 37.7 million (+66.1%), maintenance, repair, and overhaul revenue was USD 10.6 million (+48.2%), and aircraft management services revenue was USD 2.1 million (+8.2%). Operationally, total flight hours were 74,636 in FY 2025, with 1,304 members contributing to revenues and 1,203 active members as of December 31, 2025; ending aircraft on certificate was 82. The company highlighted continued fleet modernization and said it expects revenue to increase over time as it adds aircraft and forecasts membership growth. It also detailed updates to its Volato aircraft management agreement, including an October 2025 amendment that expanded asset option rights and required USD 4.1 million of consideration, with USD 2.1 million paid in Class A shares (432,099 shares issued).
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