Volato Group Inc

Earnings data Q4 2023

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Volato Group, Inc. is an aviation company, which engages in the provision of aircraft products and other services. The company was founded on January 7, 2021, and is headquartered in Chamblee, GA.

ATLANTA--(BUSINESS WIRE)--Volato Group, Inc. (NYSE American: SOAR) (“Volato”), a leading private aviation company and the largest HondaJet operator in the United States, today announced that Matt Liotta, Chief Executive Officer, and Mark Heinen, Chief Financial Officer, will participate in a virtual fireside chat at the Jefferies Business Aviation Summit on June 4, 2024. Mr. Liotta and Mr. Heinen will speak on Tuesday, June 4 at 9:20 AM ET. To access the webcast and replay, please contact your.

Volato to Attend Jefferies Business Aviation Summit

ATLANTA--(BUSINESS WIRE)--Volato Group, Inc. (NYSE American: SOAR) (“Volato”), a leading private aviation company and the largest HondaJet operator in the United States, today announced its second annual Safety Summit, a two-day event dedicated to advancing safety standards across the private aviation industry. The summit will take place June 25-26th in Atlanta, GA. The event will bring together industry stakeholders, aviation professionals, and thought leaders to share knowledge, discuss emerg.

Volato Announces 2024 Safety Summit, June 25-26 in Atlanta, GA

ATLANTA--(BUSINESS WIRE)--Volato Group, Inc. (NYSE American: SOAR) (“Volato”), a leading private aviation company and the largest HondaJet operator in the United States, today announced the appointment of Luis Garcia as Executive Vice President of Sales. Garcia is an industry veteran with more than 19 years of experience in private aviation sales and operations, bringing strong expertise and a proven track record of success to his new role at Volato. Garcia previously spent eight years as Senio.

Volato Appoints Industry Sales Leader, Luis Garcia, as Executive Vice President of Sales

ATLANTA--(BUSINESS WIRE)--Volato Group, Inc. (NYSE American: SOAR) (“Volato” or the “Company”), a leading private aviation company and the largest HondaJet operator in the United States, today announced results for the first quarter ended March 31, 2024. First Quarter 2024 Financial Highlights Total revenue was $13.2 million Aircraft usage revenue was $11.5 million Managed services revenue was $1.7 million Net loss was $17.4 million, including the impact of a $0.2 million non-cash charge Adjust.

Volato Reports First Quarter 2024 Results

ATLANTA--(BUSINESS WIRE)--Volato Group, Inc. (NYSE American: SOAR) (“Volato”), a leading private aviation company and the largest HondaJet operator in the United States, today announced that Matt Liotta, Chief Executive Officer, and Mark Heinen, Chief Financial Officer, will present and host one-on-one investor meetings at the Sidoti Micro Cap Virtual Conference on May 8 - 9, 2024. Mr. Liotta and Mr. Heinen will present on Wednesday, May 8 at 2:30pm ET. A webcast of the presentation will be ava.

Volato to Attend Sidoti Micro Cap Virtual Conference

ATLANTA--(BUSINESS WIRE)--Vaunt, a platform for connecting travelers to private flights, powered by Volato (NYSE American: SOAR), a leading private aviation company and the largest HondaJet operator in the United States, today announced it achieved its first cash-positive month in March, and has reached $500,000 in annual recurring revenue. This success highlights Vaunt's progress in addressing the longstanding issue of empty-leg flights, where 30% or more of private flights industrywide are re.

Vaunt Marks First Cash-Positive Month, With Rapid Growth Highlighting Success in Tackling Empty-leg Flights

ATLANTA--(BUSINESS WIRE)--Volato Group, Inc. (“Volato,” or the “Company”) (NYSE American: SOAR) today announced that it has appointed Christopher G. Burger and Fred A. Colen to the Company's Board of Directors. As part of this announcement, Joan Sullivan Garrett, Katherine Arris-Wilson, Peter Mirabello, and Dana H. Born have stepped down from the Company's Board of Directors without disagreement. The company is decreasing the size of its board from seven to five members, three of whom are Indep.

Volato Announces Changes to Board Composition

ATLANTA--(BUSINESS WIRE)--Volato Group, Inc. (“Volato,” or the “Company”) (NYSE American: SOAR), a leading private aviation company and the largest HondaJet operator in the United States, today announced key performance indicators (KPIs) for the first quarter 2024. Mark Heinen, Volato's Chief Financial Officer, commented, “We continue to focus on growing our flight hours and optimizing our demand mix to achieve a higher blended yield and lower empty percentage, all while maintaining a world-cla.

Volato Reports Operational KPIs for the First Quarter 2024

ATLANTA--(BUSINESS WIRE)--Volato Group, Inc. (NYSE American: SOAR) (“Volato”), a leading private aviation company and the largest HondaJet operator in the United States, today announced a top tier Net Promoter Score (NPS) of 88, based on the average scores of 2023. The high score reflects the company's dedication to customer-designed service, transparency, and the critical role of NPS in constantly refining every aspect of the business. "Volato's NPS score reflects our commitment to delivering.

Volato Releases World-Class Net Promoter Score as Commitment to Continuous Improvement

ATLANTA--(BUSINESS WIRE)--Volato Group, Inc. (NYSE American: SOAR) (“Volato” or the “Company”), a leading private aviation company and the largest HondaJet operator in the United States, today announced results for the fourth quarter and full year ended December 31, 2023. Fourth Quarter 2023 Financial Highlights Total revenue was $31.5 million Aircraft sales revenue was $15.7 million Aircraft usage revenue was $11.6 million Managed services revenue was $4.2 million Net loss was $23.6 million, i.

Volato Reports Fourth Quarter and Full Year 2023 Results

ATLANTA--(BUSINESS WIRE)--Volato Group, Inc. (NYSE American: SOAR) (“Volato”), a leading private aviation company and the largest HondaJet operator in the United States, today announced that the company will release its financial results for the fourth quarter and full year ended December 31, 2023 before market open on March 26, 2024 and will host a conference call to discuss the results at 8:00am ET. Interested parties can access the conference call by dialing (866) 605-1830 for toll free acce.

Volato Announces Date for Fourth Quarter and Full Year 2023 Earnings Call

ATLANTA--(BUSINESS WIRE)--Volato Group, Inc. (NYSE American: SOAR) (“Volato”), a leader in private aviation and the largest HondaJet operator in the world, today introduced its new mobile app. The app is designed to personalize the travel experience for all Volato customers, including fractional owners, Insider members, and charter clients. The Volato app adapts to everyone's needs for a uniquely tailored journey. Features include streamlined flight booking, ground transportation, catering, and.

Volato Launches Integrated App Personalizing the Private Aviation Experience

ATLANTA--(BUSINESS WIRE)--Volato Group, Inc. (NYSE American: SOAR) (“Volato”), a leading private aviation company and the largest HondaJet operator in the United States, today announced its participation in the following upcoming conferences: March 11-14, 2024: J.P. Morgan Industrials Conference in New York, NY - Chief Executive Officer, Matt Liotta will be in attendance at the conference. March 17-19, 2024: 36th Annual Roth Conference in Laguna Niguel, California - Chief Executive Officer, Mat.

Volato Announces Participation in Upcoming Conferences

ATLANTA--(BUSINESS WIRE)--Volato Group, Inc. (NYSE American: SOAR) (“Volato”), a leading private aviation company and the largest HondaJet operator in the United States, today announced that Matt Liotta, Chief Executive Officer, and Mark Heinen, Chief Financial Officer, will attend the Stifel 2024 Transportation & Logistics Conference on Wednesday, February 14, 2024. Mr. Liotta and Mr. Heinen will be available for one-on-one meetings during the conference. Mr. Liotta will also participate i.

Volato to Attend Stifel 2024 Transportation & Logistics Conference

NEW YORK--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”) announces its investigation of Volato Group, Inc. (NYSE American: SOAR) (f/k/a PROOF Acquisition Corp I) concerning the Company and its directors' and officers' possible violations of state laws. If you own Volato Group stock, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Tom Kennedy, of GPM, 230 Park Avenu.

Glancy Prongay & Murray LLP Announces Investigation of Volato Group, Inc. (SOAR) (f/k/a PROOF Acquisition Corp I)

ATLANTA--(BUSINESS WIRE)--Volato Group, Inc. (“Volato,” or the “Company”) (NYSE American: SOAR), a leading private aviation company in the United States, today supplemented its January 4, 2024 disclosure of Key Performance Indicators (KPIs) with Empty Percentage, Demand Mix, and Blended Yield for our Light Jet Floating Fleet. This is part of the Company's ongoing strategy to provide stakeholders with transparent and detailed insights into its operations. “These expanded disclosures highlight ou.

Volato Expands Operational KPI Disclosures

ATLANTA--(BUSINESS WIRE)--Volato Inc. (NYSE American: SOAR) (“Volato”), a leading private aviation company and the largest HondaJet operator in the United States, today announced a strategic agreement with Banyan Air Service to expand HondaJet maintenance at Volato's primary operational base. As part of the agreement, Banyan has subleased Volato's hangar at the Northeast Florida Regional Airport in St. Augustine, Florida, to provide full-scale maintenance services for Volato's growing fleet of.

Volato Partners with Banyan Air Service to Expand Maintenance Capabilities in Southeast for Growing Fleet of HondaJets

ATLANTA--(BUSINESS WIRE)--Volato Group, Inc. (NYSE American: SOAR), a leading private aviation company in the United States, today announced three Key Performance Indicators (KPIs), including Total Flight Hours, Light Jet Market Share and Net Promoter Score, to provide stakeholders with greater transparency into the Company's aircraft utilization and overall customer engagement. Volato's ongoing commitment to customer satisfaction drove a Net Promoter Score of 86 or better throughout FY 2023, w.

Volato Reports Operational KPIs for 2023

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ATLANTA--(BUSINESS WIRE)--Volato Inc., (NYSE American: SOAR) (“Volato”) a leading private aviation company and the largest HondaJet operator in the United States, today announced that it has expanded its fleet by 50% to a total of 24 HondaJet aircraft as of December 2023. The expansion includes the addition of three new aircraft delivered in December – two from direct Honda deliveries, and one managed plane. This marks a total of eight aircraft added to Volato's HondaJet fleet in 2023. The airc.

Volato Expands HondaJet Fleet by 50% to 24 Aircraft

ATLANTA--(BUSINESS WIRE)--Volato Inc., (NYSE American: SOAR) (“Volato”) a leading private aviation company in the United States, today announced that Josh Newsteder, Vice President of Operations, has been appointed to the Board of Directors of the HondaJet Owners and Pilots Association (HJOPA). This significant appointment aligns with a shared vision of enhancing safety and transparency across the HondaJet community. "Josh's new leadership role at HJOPA is a reflection of his outstanding capabi.

Volato's Vice President of Operations, Josh Newsteder, Appointed to HJOPA Board of Directors

ATLANTA--(BUSINESS WIRE)--Volato, (NYSE American: SOAR) (“Volato”) a leading private aviation company in the United States, today announced its new Volato Partner Benefits program, available to all Volato Fractional Owners and Volato Insider Members. Access to partner offers, experiences, upgrades and services is exclusive to all customers through their Volato membership. Customers can select from a curated and complimentary range of added-value benefits tailored to their needs, including lodgi.

Volato Launches Partner Benefits Program to Provide Elevated Luxury Experiences for Members

Volato (NYSEMKT: SOAR ) stock is on the rise Tuesday after the company completed its special purpose acquisition company (SPAC) merger with PROOF Acquisition Corp I. That merger successfully closed on Friday with the combined company's shares starting to trade on the New York Stock Exchange American today.

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