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SOAR

Volato Group, Inc.

Industry

Airlines, Airports & Air Services

Volato Group, Inc. operates as a private aviation company. The company offers fractional ownership, aircraft management, jet cards, deposit, and charter programs. As of December 31, 2023, it operated a fleet of 24 HondaJets and a managed fleet of 6 aircraft. The company was founded in 2021 and is based in Chamblee, Georgia.

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Volato is enhancing operational efficiency by removing five leased aircraft, saving $1.2 million per quarter. The company plans to receive 10-12 new aircraft in 2024, including HondaJets and Gulfstream G280s.

Portfolio Pulse from Benzinga Newsdesk

August 19, 2024 | 9:02 pm

Volato Group (AMEX:SOAR) reported Q2 EPS of $(0.58), an improvement from $(0.86) YoY, and sales of $15.13M, up from $13.02M YoY.

Portfolio Pulse from totan@benzinga.com

August 14, 2024 | 11:02 am

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Portfolio Pulse from Avi Kapoor

July 23, 2024 | 5:21 pm

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.

Portfolio Pulse from Benzinga Newsdesk

July 23, 2024 | 12:32 pm

SAP SE (NYSE:SAP) shares rose 5.9% in pre-market trading despite missing earnings and sales estimates for Q2. Other notable pre-market movers include Nature’s Miracle Holding Inc. (NASDAQ:NMHI), Volato Group, Inc. (NYSE:SOAR), and Frequency Electronics, Inc. (NASDAQ:FEIM) among gainers, and TransCode Therapeutics, Inc. (NASDAQ:RNAZ) and MIRA Pharmaceuticals, Inc. (NASDAQ:MIRA) among losers.

Portfolio Pulse from Avi Kapoor

July 23, 2024 | 9:29 am

Volato has announced updates on its aircraft deliveries. The company will receive a HondaJet in June, two additional HondaJets in July, and its first Gulfstream G280 in August.

Portfolio Pulse from Benzinga Newsdesk

June 26, 2024 | 12:36 pm

Volato has received a notice from the NYSE regarding continued listing standards. Meanwhile, Campbell Capital Management supports Blackwells' campaign for change at Braemar, urging shareholders to vote for Blackwells' nominees and proposals.

Portfolio Pulse from Benzinga Newsdesk

June 21, 2024 | 8:10 pm

The article highlights the performance of 12 industrial stocks during Tuesday's after-market session. Notable gainers include Volato Group (AMEX:SOAR), 1847 Holdings (AMEX:EFSH), MingZhu Logistics Hldgs (NASDAQ:YGMZ), Aqua Metals (NASDAQ:AQMS), OceanPal (NASDAQ:OP), and Blade Air Mobility (NASDAQ:BLDE). On the losing side, Solidion Technology (NASDAQ:STI), Professional Diversity (NASDAQ:IPDN), Desktop Metal (NYSE:DM), Intelligent Living (NASDAQ:ILAG), Earlyworks Co (NASDAQ:ELWS), and Dragonfly Energy Hldgs (NASDAQ:DFLI) saw declines.

Portfolio Pulse from Benzinga Insights

June 18, 2024 | 8:31 pm

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