Volato Updates Fractional Program With Additional Differentiated Benefits; Says Only Industry Fractional Program With Revenue Share Returns $8.5M To Owners Since Inception
Portfolio Pulse from Benzinga Newsdesk
Volato Group, Inc. (NYSE:SOAR) has updated its fractional program, introducing new benefits and a guaranteed minimum revenue share for new HondaJet and G280 fractional buyers. The company has returned $8.5 million in revenue share to owners since its inception in August 2021.
July 23, 2024 | 12:32 pm
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Volato Group, Inc. (NYSE:SOAR) has updated its fractional program, introducing new benefits and a guaranteed minimum revenue share for new HondaJet and G280 fractional buyers. The company has returned $8.5 million in revenue share to owners since its inception in August 2021.
The introduction of new benefits and a guaranteed minimum revenue share is likely to attract more buyers to Volato's fractional program, potentially increasing revenue and profitability. The $8.5 million returned to owners since inception highlights the program's financial efficiency, which could positively impact investor sentiment.
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