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FlyExclusive Gets State Boost for Kinston Facilities | Durham News
North Carolina lawmakers are pouring $30 million into flyExclusive’s new jet training and maintenance hub at the Global TransPark in Kinston, a move designed to lure pilot training back home after years of out-of-state operations. The original plan stalled when the state transportation department demanded market rent — a deal flyExclusive’s founder, Jim Segrave, said made it financially impossible. Now, oversight has shifted to the Department of Commerce, which will waive building rent, though land leases remain. This critical adjustment supports flyExclusive’s $500 million annual revenue…
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