flyExclusive Inc. Extends Volato Aircraft Management Agreement to Dec 31, 2026

What Happened

• flyExclusive, Inc. (FLYX) filed an 8-K on September 4, 2026 reporting a Sixth Amendment to its Aircraft Management Services Agreement with Volato Group, Inc., effective August 31, 2026.
• The amendment extends the term of the Volato Agreement to December 31, 2026. The original agreement began September 2, 2024 and was previously extended on October 1, 2025 to the sooner of September 1, 2026 or certain events (none of which occurred). The Merger Option granted under the original agreement has expired.

Key Details

• Parties: flyExclusive, Inc. and Volato Group, Inc.
• Effective date of amendment: August 31, 2026; 8-K filed September 4, 2026 and signed by CEO Thomas James Segrave, Jr.
• New term: Agreement now runs through December 31, 2026.
• Rights preserved: Remaining asset purchase/assignment options between the companies (the “Asset Options”) remain in effect through the extended term; flyExclusive previously exercised a portion of its flyExclusive Option.
• No financial terms, fees, or change to operational responsibilities (management of flight operations, sales, expenses) were disclosed in the filing. Exhibit 10.1 (the Sixth Amendment) is attached to the 8-K.

Why It Matters

• The extension preserves flyExclusive’s exclusive aircraft management role for Volato through year-end 2026 and keeps in place the parties’ rights to buy or transfer aviation-related assets during that period—potentially affecting future fleet size or revenue sources.
• The expiration of the Merger Option removes the previously available path to merge Volato into flyExclusive, narrowing immediate strategic acquisition prospects disclosed in this filing.
• Investors should note that the filing does not disclose monetary terms or expected financial impact; monitor future disclosures for any asset purchases, changes in managed fleet, or financial effects.