flyExclusive takes over Volato’s customers, fleetnews Fayaz Hussain 5 Sep 24 0Kinston-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… Read more
Volato revenues grow 16%YoY despite no deliveries in Q2news Fayaz Hussain 19 Aug 24 0Private aviation company Volato announced its financial performance for the second quarter of 2024 wherein it reported increased flight hours and improved blended yield but… Read more
Mark Ozenick to lead Volato’s aircraft management growthnews Fayaz Hussain 18 Jul 24 0Private aviation company Volato Group announced the appointment of industry veteran Mark Ozenick as president of Volato Aircraft Management Services (VAMS). Ozenick will be responsible… Read more
Volato reveals first HondaJet equipped with SmartSkynews Mike Stones 14 Jun 24 0Fractional 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… Read more
Volato posts $17.4m loss; delivery delays shrink revenue in Q1news Fayaz Hussain 16 May 24 0Private 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
Volato’s 2023 revenue slumps 24% on delayed deliveriesnews Fayaz Hussain 26 Mar 24 0Volato’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),… Read more
Volato adds eight new aircraft to its fleet in 2023news Fayaz Hussain 2 Jan 24 0Private aviation company Volato, largest HondaJet operator in the US, announced that it expanded its fleet by 50% to a total of 24 HondaJet aircraft… Read more
Volato ‘puts its financials out there’opinion Alasdair Whyte 11 Dec 23 0One of the biggest attractions of light jets is their speed. A HondaJet Elite II flies more than 25% faster than most turboprops. This fits… Read more
Volato’s focus on efficiency sets it apartnews Fayaz Hussain 8 Dec 23 0Last 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… Read more
Mark Heinen joins Volato as CFOnews Alasdair Whyte 28 Nov 23 0Volato, 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… Read more
Why would anyone want to list?opinion Alasdair Whyte 9 Aug 23 0It 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… Read more
Why Volato plans to list via PROOF SPACnews Alasdair Whyte 4 Aug 23 0Volato, the fractional operator, only got its first aircraft in August 2021. Two years later it has announced that it will merge with the Special… Read more
Jet It failure is not the start of a trendopinion Alasdair Whyte 5 Jun 23 1Fractional 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… Read more
Volato aims to raise $25m from investorsnews CJI Expert 4 Apr 23 0Fractional provider Volato is aiming to raise $25m in convertible debt, according to a Securities and Exchange Commission (SEC) filing. The offering would allow investors… Read more
Volato orders 25 HondaJets due to increasing demandnews CJI Expert 1 Dec 22 0Atlanta-based fractional provider Volato has ordered 25 HondaJet Elite II aircraft for delivery from next year. The firm order will be delivered incrementally, with the… Read more
Volato releases extra 100 jet cardsnews CJI Expert 9 Nov 22 0Atlanta-based fractional provider Volato has released 100 additional Stretch jet cards, which aim to reward flexibility in charter booking. Read more
Volato will be first to offer Gulfstream G280 on fractional programmenews Yves Le Marquand 16 Sep 22 0Atlanta-based Volato has announced a firm order for four Gulfstream G280s with first delivery due for 2024. Adding to its existing fleet of HondaJet Elites,… Read more
