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American business magazine ‘Inc’ has revealed that FlyUSA, an on-demand jet charter and private aviation solutions provider located in Florida, ranks at number 45 on the 2024 Inc 5000 list, its annual list of the fastest-growing privately held companies in the United States. Of the 5,000 companies, FlyUSA is also the ninth fastest growing in Florida and the third fastest in the travel and hospitality industry. These accolades underscore FlyUSA's unwavering commitment to excellence, innovation and customer satisfaction.
This recognition comes alongside another significant achievement: securing the fifth spot on the Tampa Bay Business Journal's Fast 50 list, which highlights the fastest-growing companies in the Tampa Bay region in Florida.
“We are honoured to be recognised nationally and regionally for our success and dedication to excellence,” says Barry Shevlin, co-founder and CEO of FlyUSA. “Our exceptional clients and employees have made these distinguished accomplishments possible, and we proudly share these accolades with them as we continue to bring the highest standards to the private aviation industry.”
This marks Shevlin's 12th year leading a company on the Inc 5000 list. Prior to co-founding FlyUSA, Shevlin was the CEO of Vology, an IT services company he founded in Florida in 2002.
Inc assesses companies on its Inc 5000 list based on percentage revenue growth from 2020 to 2023. The Tampa Bay Business Journal's Fast 50 list, on the other hand, is based on revenue growth from 2021 to 2023. Both recognitions highlight companies that have successfully navigated the challenges of an uncertain economy.
FlyUSA has achieved a remarkable 480.71 per cent increase in revenue from 2021 to 2023. Since its inception in 2020, the company has expanded its services to include global private flight charters, aircraft acquisitions and management, co-ownership opportunities and the newly launched Ascend Club membership programme.