TSX gains after CPI shows US inflation rose 3%
KINSTON, N.C. - Private jet service provider flyExclusive, Inc. (NYSEAMERICAN:FLYX), which has seen its stock surge over 78% in the past year according to InvestingPro data, has been added to the Russell 2000, Russell 3000 and Russell Microcap Indexes, effective Monday, September 22, 2025, as part of the quarterly U.S. Russell Index Initial Public Offering update.
The inclusion in these widely referenced indexes potentially increases the company’s visibility among institutional investors. Russell indexes are used by investment managers and institutional investors, with approximately $10.6 trillion in assets benchmarked against Russell’s U.S. indexes, according to the company’s press release statement.
"This milestone increases the Company’s exposure with institutional shareholders and supports our goal to drive long-term shareholder value as we continue to execute on our growth strategy," said Jim Segrave, Founder and CEO of flyExclusive. The company has demonstrated strong revenue growth of 17.1% over the last twelve months, though InvestingPro analysis indicates some financial health challenges.
flyExclusive operates as a vertically integrated, FAA-certificated air carrier providing private jet services through charter, Jet Club, and fractional ownership programs. With a market capitalization of approximately $97 million, the company maintains a fleet of approximately 100 Cessna Citation aircraft ranging from light to large cabin sizes. According to InvestingPro’s Fair Value analysis, the stock currently appears slightly undervalued, with 12 additional ProTips available for subscribers.
The Russell indexes are part of FTSE Russell, a global index provider. The Russell 2000 Index measures the performance of the small-cap segment of the U.S. equity market, while the Russell 3000 Index tracks the performance of the 3,000 largest U.S.-traded stocks.
In other recent news, Flyexclusive Inc reported its Q2 2025 earnings, highlighting notable revenue growth and operational improvements. The company achieved a 16% year-over-year increase in revenue, reaching $91.3 million. Despite facing an adjusted EBITDA loss of $5.2 million, this represented a 67% improvement compared to the previous year. These developments indicate a positive trajectory in Flyexclusive’s financial performance. The earnings report did not mention any mergers or acquisitions. Additionally, there were no analyst upgrades or downgrades reported for Flyexclusive at this time. Investors may find these financial results encouraging as they reflect enhanced operational efficiency.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.