EG Acquisition FY26 H1 net loss narrows 36.6% to $24.84 million; revenue rises 15.6% to $207.47 million
FLYX•Adjusted EBITDA turns positive
Adjusted EBITDA (non-GAAP) swung to $4.23 million from a loss, while interest expense increased 11.6% to $10.96 million.
Flight activity and pricing increased
Jet club and charter flight hours increased 6.8% with effective hourly rates up 6.9%; total flight hours climbed to 38,577.
H1 results improve as revenue and margins rise
EG Acquisition Corp. posted a net loss of $24.84 million for the six months ended June 30, 2026, narrowing 36.6%.
Revenue rose 15.6% to $207.47 million, led by jet club and charter revenue up 14.2% to $178.61 million.
Operating loss narrowed 43.2% to $15.38 million; gross margin expanded 6.2 percentage points to 20.1%.
