flyExclusive to buy Jet.AI’s aviation business in all-stock deal to expand private jet operations
flyExclusive Inc. (NYSE American: FLYX), a leading private aviation provider, has entered a business combination agreement to acquire the aviation segment of Jet.AI Inc. (NASDAQ: JTAI) in an all-stock transaction. The deal is expected to accelerate flyExclusive’s growth by integrating Jet.AI’s aviation assets while enabling Jet.AI to transition into a pure-play artificial intelligenc