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Consolidated Statements of Operations and Comprehensive (Loss) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Dec. 31, 2024
Dec. 31, 2023
Revenue $ 91,332 $ 79,013 $ 179,457 $ 158,985 $ 327,274 $ 315,362
Costs and expenses            
Cost of revenue 77,609 72,755 154,434 146,989 290,212 264,176
Selling, general and administrative 20,298 21,490 41,288 46,673 91,337 75,430
Depreciation and amortization 5,770 6,682 12,021 13,173 25,709 26,982
(Gain) loss on aircraft sales and aircraft held for sale 15 (72) (1,190) 1,417 2,795 (13,905)
Total costs and expenses 103,692 100,855 206,553 208,252 410,053 352,683
Loss from operations (12,360) (21,842) (27,096) (49,267) (82,779) (37,321)
Other income (expense)            
Interest income 236 1,162 939 2,440 4,313 4,629
Interest expense (4,429) (5,666) (9,817) (10,321) (21,183) (22,223)
Gain on forgiveness of CARES Act loan         0 339
Change in fair value of derivative liability         0 (14,589)
Change in fair value of warrant liabilities 212 (899) 781 (3,679) (1,467) (334)
Gain (loss) on extinguishment of debt 0 0 (4,161) 0 0 14,843
Other income (expense) 212 (609) 178 (17) (338) (82)
Total other income (expense), net (3,769) (6,012) (12,080) (11,577) (18,675) (17,417)
Loss before income taxes (16,129) (27,854) (39,176) (60,844) (101,454) (54,738)
Income tax expense (benefit) 0 0 0 0 41 0
Net loss (16,129) (27,854) (39,176) (60,844) (101,495) (54,738)
Less: Net income (loss) attributable to redeemable noncontrolling interests (12,063) (20,501) (29,621) (42,200) (73,384) 1,080
Less: Net income (loss) attributable to noncontrolling interests 698 (2,200) 658 (7,650) (7,037) (8,983)
Net loss attributable to flyExclusive, Inc. (4,764) (5,153) (10,213) (10,994) (21,074) (46,835)
Net loss attributable to common stockholders $ (7,101) $ (6,125) $ (14,549) $ (12,251) (25,565) (46,835)
Net loss attributable to common stockholders         $ (25,565) (46,835)
Basic and Diluted Earnings Per Share*            
Basic Earnings (Loss) Per Share $ (0.26) $ (0.32) $ (0.55) $ (0.67) $ (1.07) [1]  
Diluted Earnings (Loss) Per Share $ (0.26) $ (0.32) $ (0.55) $ (0.67) $ (1.07) [1]  
Weighted Average Shares Outstanding, Basic and Diluted [Abstract]            
Weighted Average Common Shares Outstanding (Basic) 27,772,428 19,169,742 26,471,721 18,237,732 23,809,490 [1]  
Weighted Average Common Shares Outstanding (Diluted) 27,772,428 19,169,742 26,471,721 18,237,732 23,809,490 [1]  
Other comprehensive loss            
Net loss attributable to flyExclusive, Inc. $ (4,764) $ (5,153) $ (10,213) $ (10,994) $ (21,074) (46,835)
Unrealized gains (losses) on available-for-sale debt securities 2 (24) 56 (192) 13 407
Comprehensive loss attributable to flyExclusive, Inc. (4,762) (5,177) (10,157) (11,186) (21,061) (46,428)
Series A Preferred Stock            
Other income (expense)            
Preferred Dividends (1,032) (972) (2,039) (1,257) (3,258) 0
Series B Preferred stock            
Other income (expense)            
Preferred Dividends $ (1,305) $ 0 $ (2,297) $ 0 $ (1,233) $ 0
[1] Basic and diluted earnings (loss) per share has not been presented for the year ended December 31, 2023 in the consolidated statements of operations and comprehensive loss. As a result of the Merger (as defined in Note 4 "Merger"), the Company's capital structure was significantly altered. The Company determined that presenting earnings per share for periods prior to the Merger would not result in values meaningful to the users of the consolidated financial statements. See Earnings per Share in Note 2 "Summary of Significant Accounting Policies" and Note 3 "Earnings (Loss) Per Share" for further discussion.