Honda HA-420 HondaJet

Volato Reports Fourth Quarter and Full Year 2023 Results

Retrieved on: 
Tuesday, March 26, 2024
Retail, Luxury, Air, Transport, Transportation, Travel, Growth, Honda HA-420 HondaJet, Sale, Entrepreneurship, Table

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.

Key Points: 
  • 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.
  • Please refer to the tables and related notes in this press release for a reconciliation and definition of non-GAAP financial measures.
  • Matt Liotta, Co-Founder and Chief Executive Officer of Volato, commented, “2023 marked a successful year of executing on our strategic priorities, scaling our fleet, expanding market share, and continuing to demonstrate Volato’s exceptional value to customers.
  • “Industry factors beyond our control – specifically aircraft delivery delays – put downward pressure on topline revenue in 2023.

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

Retrieved on: 
Tuesday, March 19, 2024
Retail, Luxury, Air, Transport, Transportation, Travel, Access, Webcast, Interest, Honda HA-420 HondaJet

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.

Key Points: 
  • 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 access or +1(215) 268-9881.
  • The live call will also be available via webcast on Volato’s Investor Relations website: https://ir.flyvolato.com/ .
  • A replay of the call will be available until April 25, 2024, and can be accessed by dialing (877) 660-6853 or (201) 612-7415 and using the Access ID: 13744837.

Volato Launches Integrated App Personalizing the Private Aviation Experience

Retrieved on: 
Thursday, March 14, 2024
Apps, Applications, Technology, Luxury, Air, Transport, Software, Transportation, Retail, Travel, Insider, Honda HA-420 HondaJet, App Store (iOS/iPadOS), Google Play, Mission, Aircraft, Multimedia

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.

Key Points: 
  • 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.
  • Volato plans to continually enhance the app with regular updates, including HondaJet-specific features, reflecting its position as the world’s largest HondaJet fleet operator.

Volato Announces Participation in Upcoming Conferences

Retrieved on: 
Monday, March 4, 2024
Air, Logistics, Supply Chain Management, Transport, Other Travel, Transportation, Travel, Other Transport, Honda HA-420 HondaJet, Conference

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:

Key Points: 
  • 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, Matt Liotta, will participate in a fireside chat on March 19, 2024, at 1:30 pm PT/4:30 pm ET.
  • Mr. Liotta will be joined by Chief Financial Officer, Mark Heinen, and President, Keith Rabin, in hosting one-on-one meetings with investors.
  • To schedule a one-on-one meeting, please reach out to your Roth representative.

Honda Aircraft Company Receives FAA AMT Employer Diamond Award of Excellence for Third Consecutive Year

Retrieved on: 
Wednesday, March 6, 2024
Aircraft, Diamond, Multimedia, Honda Aircraft Company, Honda HA-420 HondaJet, Safety, AMT, Federal Aviation Administration, Environment, Airline

GREENSBORO, N.C., March 6, 2024 /PRNewswire/ -- Honda Aircraft Company is proud to announce its receipt of the AMT Employer Diamond Award of Excellence for 2023, marking the third consecutive year the company has earned this distinction.

Key Points: 
  • GREENSBORO, N.C., March 6, 2024 /PRNewswire/ -- Honda Aircraft Company is proud to announce its receipt of the AMT Employer Diamond Award of Excellence for 2023, marking the third consecutive year the company has earned this distinction.
  • Achieving this award for the third year in a row solidifies Honda Aircraft Company's position as an industry leader committed to aviation safety.
  • "Earning this honor for the third consecutive year is a testament to our team's dedication and hard work," said Honda Aircraft Company President and CEO Hideto Yamasaki.
  • Honda Aircraft Company Customer Service Division Director Luis Jimenez added, "At Honda Aircraft Company, providing reliable and efficient service tailored to each customer is at the core of our mission.

Banyan Air Service to Complete SmartSky® Installation on the HondaJet

Retrieved on: 
Thursday, February 22, 2024
Aircraft, ATG, STC, Honda HA-420 HondaJet, MRO, Professional Pilot, KFXE

RESEARCH TRIANGLE, N.C., Feb. 22, 2024 /PRNewswire/ -- SmartSky, provider of the most advanced inflight air-to-ground (ATG) connectivity for business aviation, today announced that key sales and installation partner Banyan Air Service is completing the first of type installation of the award-winning SmartSky LITE™ system on a HA-420 HondaJet. The project supports the recent deal between Volato and SmartSky to equip Volato's HondaJet fractional fleet of 20 new aircraft and paves the way for other in-service HondaJet to have SmartSky's next-generation connectivity system. 

Key Points: 
  • RESEARCH TRIANGLE, N.C., Feb. 22, 2024 /PRNewswire/ -- SmartSky, provider of the most advanced inflight air-to-ground (ATG) connectivity for business aviation, today announced that key sales and installation partner Banyan Air Service is completing the first of type installation of the award-winning SmartSky LITE™ system on a HA-420 HondaJet.
  • Banyan, an award-winning Maintenance, Repair, and Overhaul (MRO) operation based in Fort Lauderdale, Florida, is an authorized HondaJet service center and will complete the installation at Banyan's KFXE facility.
  • "This exciting installation project makes the groundbreaking technology pioneered by SmartSky available for Volato.
  • Along with the installation agreement, the two companies recently signed a strategic agreement for Banyan to provide full-scale maintenance for the HondaJet fleet on-site at Volato's primary operational base in St. Augustine, FL.

FINAL DAYS TO SEE THE 2024 CHICAGO AUTO SHOW, FAMILY DAY, FEB. 19

Retrieved on: 
Friday, February 16, 2024
School, Hyundai, EV, Honda HA-420 HondaJet, Jet, McCormick Place, Family, Herald, Radio Flyer, Chicago Auto Show, Bottega, CMP, Schaumburg Boomers, Bucking horse, School of Rock, Family Day, Herald (newspaper), Kia, Partnership

CHICAGO, Feb. 16, 2024 /PRNewswire/ -- The Chicago Auto Show is proud to present Family Day, on its final day Monday, Feb. 19, in partnership with the Daily Herald and Meet Chicago Northwest.

Key Points: 
  • CHICAGO, Feb. 16, 2024 /PRNewswire/ -- The Chicago Auto Show is proud to present Family Day, on its final day Monday, Feb. 19, in partnership with the Daily Herald and Meet Chicago Northwest.
  • "There are so many exciting venues and attractions in the Chicago Northwest region, and we're thrilled to have the Chicago Auto Show platform to promote them," says MCNW president Heather Larson, CMP.
  • "Families will find a great variety of family fun activities to take part in on Monday, Feb. 19 at McCormick Place."
  • The 2024 Chicago Auto Show is open Monday, February 19, for its final day from 10 a.m. to 8 p.m.
    For more information on the 2024 Chicago Auto Show, visit www.ChicagoAutoShow.com .

Volato to Attend Stifel 2024 Transportation & Logistics Conference

Retrieved on: 
Thursday, February 1, 2024
Air, Logistics, Supply Chain Management, Transport, Other Travel, Transportation, Travel, Other Transport, Honda HA-420 HondaJet, Conference, Security (finance)

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.

Key Points: 
  • 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 in the Private Aviation Panel to be moderated by Stifel analyst Bert Subin on February 14, 2024.
  • To schedule a one-on-one meeting with Mr. Liotta and Mr. Heinen, please reach out to your Stifel representative.

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

Retrieved on: 
Thursday, January 18, 2024
Transport, Air, Entrepreneurship, Inc., Honda HA-420 HondaJet, Airline

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.

Key Points: 
  • 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 HondaJets.
  • Additionally, Banyan has absorbed Volato’s existing maintenance staff and plans to hire up to eight additional maintenance roles in 2024.
  • "We are thrilled to partner with Banyan, increasing maintenance capacity for our expanding HondaJet fleet in the Southeast right in our own backyard," said Matt Liotta, Co-Founder and CEO of Volato.

Volato Reports Operational KPIs for 2023

Retrieved on: 
Thursday, January 4, 2024
Transport, Air, Investment, Honda HA-420 HondaJet, Airline

Volato’s ongoing commitment to customer satisfaction drove a Net Promoter Score of 86 or better throughout FY 2023, while its ability to grow its share of the light jet market is indicative of Volato’s expanded market penetration.

Key Points: 
  • Volato’s ongoing commitment to customer satisfaction drove a Net Promoter Score of 86 or better throughout FY 2023, while its ability to grow its share of the light jet market is indicative of Volato’s expanded market penetration.
  • “In 2023 alone, Volato expanded its HondaJet fleet by 50% and increased its light jet market share to nearly 3%.
  • This is a testament to Volato’s focus on delivering operational excellence while growing positive contribution margin from flight operations,” said Mark Heinen, Volato’s Chief Financial Officer.
  • “Even with this tremendous growth, we maintained our emphasis on providing high quality customer experiences.