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Volato

flyExclusive to acquire Jet.AI in all-stock transaction

news
Fayaz Hussain
14 Feb 25
0

Jet charter provider flyExclusive announced that it has entered into a definitive agreement to acquire aviation business of private aviation and artificial intelligence company Jet.AI…

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flyExclusive has record day

news
Alasdair Whyte
18 Dec 24
0

The 2024 Thanksgiving holiday weekend was the busiest in flyExclusive’s history. The company says it flew 47% hours more than in 2023 and had its…

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flyExclusive revenue grows 24% in third quarter

news
Fayaz Hussain
20 Nov 24
0

Kinston-based private jet aviation company flyExclusive reported total revenue of $76.9m for the third quarter of 2024, representing a robust 24% increase from the same…

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flyExclusive exclusive

opinion
Fayaz Hussain
30 Sep 24
0

Volato trades on the NYSE America under the ticker SOAR. But sadly, its shares have not lived up to this. When the fractional operator listed…

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Matk Ozenick appointment president of Volato Aircraft Management Services.

flyExclusive takes over Volato’s customers, fleet

news
Fayaz Hussain
5 Sep 24
0

Kinston-based private jet charter firm flyExclusive entered into an aircraft management services (AMS) agreement with Volato agreeing to take in its customers and fleet as…

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Out of funds: SmartSky ceases operations

news
Fayaz Hussain
19 Aug 24
0

Aircraft connectivity provider SmartSky Networks, found in 2011, has announced that it has ceased business operations effective August 16, 2024 citing failure to secure the…

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Matk Ozenick appointment president of Volato Aircraft Management Services.

Volato revenues grow 16%YoY despite no deliveries in Q2

news
Fayaz Hussain
19 Aug 24
0

Private aviation company Volato announced its financial performance for the second quarter of 2024 wherein it reported increased flight hours and improved blended yield but…

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Matk Ozenick appointment president of Volato Aircraft Management Services.

Mark Ozenick to lead Volato’s aircraft management growth

news
Fayaz Hussain
18 Jul 24
0

Private aviation company Volato Group announced the appointment of industry veteran Mark Ozenick as president of Volato Aircraft Management Services (VAMS). Ozenick will be responsible…

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Volato reveals first HondaJet equipped with SmartSky

news
Mike Stones
14 Jun 24
0

Fractional business jet provider Volato has revealed the first HondaJet in its fleet to be equipped with the SmartSky LITE in-flight connectivity system; claimed to…

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Matk Ozenick appointment president of Volato Aircraft Management Services.

Volato posts $17.4m loss; delivery delays shrink revenue in Q1

news
Fayaz Hussain
16 May 24
0

Private aviation company and largest operator of HondaJet in the US Volato announced financial results for the first quarter of 2024 posting a net loss…

Read more
Matk Ozenick appointment president of Volato Aircraft Management Services.

Volato’s 2023 revenue slumps 24% on delayed deliveries

news
Fayaz Hussain
26 Mar 24
0

Volato’s 2023 results were a tale of two sectors. While total revenue dipped 24% year-over-year to $73.3m due to plummeting aircraft sales (down 68% YoY),…

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Volato’s market share climbs to 2.4% in light jet category

news
Fayaz Hussain
4 Jan 24
0

US-based private aviation company Volato’s market share in the light jet category increased to 2.4% by the end of 2023 from 1% in 2022, company’s…

Read more
Matk Ozenick appointment president of Volato Aircraft Management Services.

Volato adds eight new aircraft to its fleet in 2023

news
Fayaz Hussain
2 Jan 24
0

Private aviation company Volato, largest HondaJet operator in the US, announced that it expanded its fleet by 50% to a total of 24 HondaJet aircraft…

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Volato ‘puts its financials out there’

opinion
Alasdair Whyte
11 Dec 23
0

One of the biggest attractions of light jets is their speed. A HondaJet Elite II flies more than 25% faster than most turboprops. This fits…

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Matk Ozenick appointment president of Volato Aircraft Management Services.

Volato’s focus on efficiency sets it apart

news
Fayaz Hussain
8 Dec 23
0

Last week, Volato joined the not-so-enviable list of private aviation flight companies to go public through a Special Purpose Acquisition Company (SPAC) merger. SPACs or…

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Mark Heinen joins Volato as CFO

news
Alasdair Whyte
28 Nov 23
0

Volato, the fractional jet operator, has hired Mark Heinen as CFO. He replaces Keith Rabin who was recently promoted to Volato’s president. Heinen joins as…

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Why would anyone want to list?

opinion
Alasdair Whyte
9 Aug 23
0

It is just over two years ago since Wheels Up’s management team rung the bell at the New York Stock Exchange. The company started trading…

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Matk Ozenick appointment president of Volato Aircraft Management Services.

Why Volato plans to list via  PROOF SPAC

news
Alasdair Whyte
4 Aug 23
0

Volato, the fractional operator, only got its first aircraft in August 2021. Two years later it has announced that it will merge with the  Special…

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Town Hall: The HondaJet market after Jet It

news
Alasdair Whyte
7 Jun 23
0

Following Jet It’s decision to stop managing aircraft, this special Corporate Jet Investor Town Hall looked at options for owners and what is next for…

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Jet It failure is not the start of a trend

opinion
Alasdair Whyte
5 Jun 23
1

Fractional operator Jet It’s decision to stop flying is sad. But we should not read too much into it. It is not the start of…

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