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Volato Group, Inc. (SOARW)

0.0200

-0.0100

(-33.33%)

At close: May 13 at 3:37:34 PM EDT

Volato Reports Positive Net Income in Q1 2025 and Over $20 Million in Debt Reduction; Targets Additional Settlements and Capital Raise to Extend Operating Runway

ATLANTA, May 15, 2025--Volato Group, Inc. (NYSE American: SOAR) ("Volato" or the "Company"), a private aviation innovator, today announced financial results for the first quarter of 2025, achieving profitability from continuing operations and reducing total liabilities by over $20 million. The Company also disclosed its intention to raise additional equity and continue settling outstanding liabilities in order to extend its operating runway beyond 12 months. For the quarter ended March 31, 2025,

Business Wire 3 days ago

SOAR

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-33.33%
Vaunt Moves Beyond Private Jet Booking with End-to-End Travel Capability

NEW ORLEANS, March 27, 2025--Volato Group, Inc. (the "Company" or "Volato") (NYSE American: SOAR), a leader in private aviation innovation, today announced at the NBAA Schedulers & Dispatchers Conference 2025 that Vaunt is expanding its private aviation platform to offer complete trip planning. In addition to booking private jet flights, subscribers will book hotel stays and commercial airline tickets directly within Vaunt’s "Complete the Trip" and "Travel Center" features—empowering travelers t

Business Wire last month

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Vaunt to Exhibit at NBAA Schedulers & Dispatchers 2025, Unveiling New Feature to Drive Subscriber Growth

ATLANTA, March 24, 2025--Volato Group, Inc. (the "Company" or "Volato") (NYSE American: SOAR), a leader in private aviation innovation, today announced that Vaunt, its fast-growing private aviation platform, will exhibit at the NBAA Schedulers & Dispatchers Conference, taking place March 25-27, 2025, at the New Orleans Ernest N. Morial Convention Center in New Orleans, LA. At the event, Vaunt will introduce a new feature aimed at accelerating subscriber growth and strengthening its network effec

Business Wire last month

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Vaunt Doubles Aircraft Network With Expanded Operator Program, Advancing Toward Market Leadership

ATLANTA, March 20, 2025--Volato Group, Inc. (the "Company" or "Volato") (NYSE American: SOAR) announced that Vaunt, its rapidly scaling private aviation platform, has more than doubled its available fleet through the strategic addition of two established operators, JetVia and Koury Aviation, alongside expanded participation from flyExclusive. These partnerships bring an additional 59 aircraft onto Vaunt’s platform, significantly enhancing coverage in key U.S. markets and providing a meaningful s

Business Wire last month

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Vaunt Introduces "Complete the Trip" and "Travel Center" Features, Enhancing Convenience and Flexibility for Private Aviation Travelers

ATLANTA, March 11, 2025--Volato Group, Inc. (the "Company" or "Volato") (NYSE American: SOAR) is excited to announced today that Vaunt, its fast-growing private aviation platform, has launched two new features—"Complete the Trip" and "Travel Center"—designed to enhance convenience and flexibility for private aviation travelers. These features enable users to seamlessly integrate commercial airline legs into their itineraries and improve their priority on the waitlist through airline flight purch

Business Wire 2 months ago

SOAR

SOARW
-33.33%
Vaunt Surpasses $1.5M ARR in First Year, 100,000 Downloads, and 590 Flights—Fueling Unforgettable Travel Experiences

ATLANTA, February 20, 2025--Volato Group, Inc. (the "Company" or "Volato") (NYSE American: SOAR) announced today that Vaunt, its fast-growing private aviation platform, has reached a major milestone, reporting $1.5 million in annual recurring revenue (ARR) within its first year, a 50% increase since mid-2024. Additionally, Vaunt has surpassed 100,000 app downloads and completed 598 flights in 2024, reinforcing its role as a key growth driver for Volato.

Business Wire 2 months ago

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Volato Takes Delivery of Second G280 and Strengthens Balance Sheet with Significant Senior Debt Reduction in Q1 2025

ATLANTA, February 06, 2025--Volato Group, Inc. (the "Company" or "Volato") (NYSE American: SOAR), a leader in private aviation, today announced that it took delivery of a second Gulfstream G280 in January. The G280 delivery and other planned measures are expected to deliver a substantially improved balance sheet for the first quarter of 2025, with a reduction of senior debt by more than $10 million. The Company also expects to see significantly improved gross profit in the first quarter of 2025.

Business Wire 3 months ago

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Volato to Take Delivery of Second Gulfstream G280 in January 2025, Leveraging Strong Market Demand for Premium Jets

ATLANTA, January 13, 2025--Volato Group, Inc. (the "Company" or "Volato") (NYSE American: SOAR), a leader in private aviation, today announced the upcoming delivery of its second Gulfstream G280 in January 2025. This milestone is part of a four-aircraft order and reflects Volato’s strategy to capitalize on strong market demand for premium super-midsize jets.

Business Wire 4 months ago

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Volato resolves noncompliance with NYSE

Volato (SOAR) announced it received from NYSE a warning letter as provided under Section 1009(a) of the NYSE company guide describing the company’s failure to comply with Sections 301 and 713 of the company guide. Section 301 of the company guide prohibits a listed company from issuing, or authorizing its transfer agent or registrar to issue or register, additional securities of a listed class until it has filed an application for the listing of such additional securities and received notificati

TipRanks 4 months ago

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-33.33%
Volato Group Announces Resolution of Non-Compliance with the NYSE American Rules

ATLANTA, December 24, 2024--Volato Group, Inc. (the "Company" or "Volato") (NYSE American: SOAR), a leader in private aviation innovation, today announced it received from NYSE Regulation a Warning Letter (the "Letter") as provided under Section 1009(a) of the NYSE American LLC Company Guide (the "Company Guide") describing the Company’s failure to comply with Sections 301 and 713 of the Company Guide. Section 301 of the Company Guide prohibits a listed company from issuing, or authorizing its t

Business Wire 4 months ago

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SOARW
-33.33%
Volato Group Withdraws S-1 Registration Statement, Reinforcing Positive Momentum With Anticipation of Positive Q4 Net Income

ATLANTA, December 09, 2024--Volato Group, Inc. (NYSE American: SOAR), a leader in private aviation innovation, today announced the withdrawal of its S-1 registration statement. This decision reflects the company’s continued progress in strengthening its financial position, marking another milestone in its turnaround efforts.

Business Wire 5 months ago

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Volato’s Innovation in a $15.27 Billion Private Aviation Market Turns Heads with Vaunt’s New Cabin Plus Membership Plan

ATLANTA, November 25, 2024--Volato Group, Inc. (NYSE American: SOAR) announced that Vaunt, the leading private aviation platform for accessing affordable private aviation experiences, launched its new premium membership tier, Vaunt Cabin Plus, and the rebranding of its existing membership as Vaunt Core. These significant milestones underscore Vaunt’s commitment to redefining the private aviation experience for its members.

Business Wire 5 months ago

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Volato’s Vaunt Platform Achieves 50% ARR Growth, Poised for Further Expansion with New Excel/XLS Aircraft from flyExclusive

ATLANTA, November 22, 2024--Volato Group, Inc. (NYSE America: SOAR) announced that Vaunt, the innovative empty leg private aviation booking platform, achieved 50% revenue growth since June 2024, and announced the expansion of its flight inventory with the integration of the first Excel/XLS flights from flyExclusive’s fleet. Building on the successful launch and integration of flyExclusive’s CJ3+ fleet earlier this month, this latest addition reinforces Vaunt’s commitment to providing its members

Business Wire 5 months ago

SOAR

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-33.33%
Volato Reports $40.3 million in Revenue and Confirms NYSE Acceptance of Compliance Plan in Third Quarter 10-Q

ATLANTA, November 20, 2024--Volato Group, Inc. (NYSE American: SOAR) ("Volato" or the "Company"), announced the filing of the third quarter 2024 Form 10-Q with the Securities and Exchange Commission (SEC). The Form 10-Q can be found at https://ir.flyvolato.com/financial-information/sec-filings or at www.sec.gov.

Business Wire 5 months ago

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Volato Reports Third Quarter 2024 Results

ATLANTA, November 18, 2024--Volato Group, Inc. (NYSE American: SOAR) ("Volato" or the "Company"), today announced results for the third quarter ended September 30, 2024, reflecting early progress in a recently launched turnaround strategy aimed at building a stronger foundation and positioning the Company for sustainable growth.

Business Wire 5 months ago

SOAR

SOARW
-33.33%
Vaunt Launches Third-Party Operator Program Following Successful flyExclusive Integration

ATLANTA, November 13, 2024--Volato Group, Inc. ("Volato," or the "Company") (NYSE American: SOAR) announced that following the recent integration of flyExclusive, the fifth-largest operator in the United States, Vaunt, launched its third-party operator program. This initiative marks a new chapter for Vaunt, as the platform welcomes other operators to join and benefit from its technology platform and extensive member base.

Business Wire 6 months ago

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Vaunt Reaches First Milestone with flyExclusive Flights Now Available

ATLANTA, November 07, 2024--Volato Group, Inc. ("Volato," or the "Company") (NYSE American: SOAR) is excited to announce that Vaunt has reached an important milestone, with the first flyExclusive flights now available on the platform. This is the start of a larger effort to expand the flight options available to Vaunt members, with more additions and features planned in the coming months.

Business Wire 6 months ago

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-33.33%

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Volato Group, Inc. (SOARW)

Volato Reports Positive Net Income in Q1 2025 and Over $20 Million in Debt Reduction; Targets Additional Settlements and Capital Raise to Extend Operating Runway

Vaunt Moves Beyond Private Jet Booking with End-to-End Travel Capability

Vaunt to Exhibit at NBAA Schedulers & Dispatchers 2025, Unveiling New Feature to Drive Subscriber Growth

Vaunt Doubles Aircraft Network With Expanded Operator Program, Advancing Toward Market Leadership

Vaunt Introduces "Complete the Trip" and "Travel Center" Features, Enhancing Convenience and Flexibility for Private Aviation Travelers

Vaunt Surpasses $1.5M ARR in First Year, 100,000 Downloads, and 590 Flights—Fueling Unforgettable Travel Experiences

Volato Takes Delivery of Second G280 and Strengthens Balance Sheet with Significant Senior Debt Reduction in Q1 2025

Volato to Take Delivery of Second Gulfstream G280 in January 2025, Leveraging Strong Market Demand for Premium Jets

Volato resolves noncompliance with NYSE

Volato Group Announces Resolution of Non-Compliance with the NYSE American Rules

Volato Group Withdraws S-1 Registration Statement, Reinforcing Positive Momentum With Anticipation of Positive Q4 Net Income

Volato’s Innovation in a $15.27 Billion Private Aviation Market Turns Heads with Vaunt’s New Cabin Plus Membership Plan

Volato’s Vaunt Platform Achieves 50% ARR Growth, Poised for Further Expansion with New Excel/XLS Aircraft from flyExclusive

Volato Reports $40.3 million in Revenue and Confirms NYSE Acceptance of Compliance Plan in Third Quarter 10-Q

Volato Reports Third Quarter 2024 Results

Vaunt Launches Third-Party Operator Program Following Successful flyExclusive Integration

Vaunt Reaches First Milestone with flyExclusive Flights Now Available