Volato Aeronaves

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

Retrieved on: 
Tuesday, December 12, 2023

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).

Key Points: 
  • 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.
  • He currently leads Volato’s operational team as its Vice President of Operations, Director of Operations, and Air Operations Security Coordinator.
  • We look forward to the positive contributions his leadership brings to our HondaJet community," said Tim Solms, President, Board of Directors, HondaJet Owners and Pilots Association.

Volato Announces Guaranteed Large Cabin Aircraft Availability Through Agreement with Fly Alliance

Retrieved on: 
Monday, December 4, 2023

Volato, (NYSE American: SOAR) (“Volato”) a leading private aviation company in the United States, today announced an agreement with Fly Alliance, to offer expanded aircraft options to its Gulfstream G280, HondaJet and Volato Insider Program Max customers.

Key Points: 
  • Volato, (NYSE American: SOAR) (“Volato”) a leading private aviation company in the United States, today announced an agreement with Fly Alliance, to offer expanded aircraft options to its Gulfstream G280, HondaJet and Volato Insider Program Max customers.
  • This agreement provides Volato with guaranteed access to Fly Alliance's large cabin aircraft that seat up to ten passengers, significantly enriching its current offerings.
  • “We are pleased to announce an agreement with Fly Alliance to offer our program customers access to their fleet of large cabin aircraft,” said Matt Liotta, CEO and Co-Founder of Volato.
  • Customers placing deposits with Volato for the Gulfstream G280 and Volato Insider Max jet card can enjoy the benefits of this agreement starting from December 4.

Volato Announces Closing of Business Combination with PROOF Acquisition Corp I; Secures Additional Equity Financing

Retrieved on: 
Friday, December 1, 2023

Volato, Inc., (“Volato”) a leading private aviation company in the United States, and PROOF Acquisition Corp I (NYSE: PACI) (“PACI”) today announced the completion of their business combination (the “Business Combination”).

Key Points: 
  • Volato, Inc., (“Volato”) a leading private aviation company in the United States, and PROOF Acquisition Corp I (NYSE: PACI) (“PACI”) today announced the completion of their business combination (the “Business Combination”).
  • Concurrent with the closing of the Business Combination, PACI also announced the closing of an additional $12 million of private investments, which, along with the $14 million in Series A Preferred Equity financing completed since July 2023, were converted to common stock at the time of the closing of the Business Combination.
  • Including these transactions and the conversion of Volato convertible debt, the total capital raised exceeds $60 million.
  • Matt Liotta, CEO & Co-Founder of Volato commented, “This is an exciting milestone for Volato, our customers, and our investors.

PROOF Acquisition Corp I Announces Intention to Transfer to NYSE American LLC Upon Completion of Business Combination with Volato

Retrieved on: 
Thursday, November 30, 2023

PROOF Acquisition Corp I (NYSE: PACI) (“PACI” and, after the consummation of its pending business combination (the “Business Combination”) and following its name change to Volato Group, Inc., “Volato”) today announced that, upon completion of the Business Combination, shares of Volato common stock and warrants will be listed on NYSE American LLC (“NYSE American”).

Key Points: 
  • PROOF Acquisition Corp I (NYSE: PACI) (“PACI” and, after the consummation of its pending business combination (the “Business Combination”) and following its name change to Volato Group, Inc., “Volato”) today announced that, upon completion of the Business Combination, shares of Volato common stock and warrants will be listed on NYSE American LLC (“NYSE American”).
  • The Company’s decision to transfer to the NYSE American was driven by a number of factors, including more favorable listing standards.
  • Trading is expected to begin on NYSE American on or about December 4, 2023, under the new ticker symbols “SOAR” and “SOAR.WS” for Volato common stock and warrants, respectively, following the consummation of the Business Combination, which is currently expected to occur on or about December 1, 2023.
  • No action is required by existing PACI shareholders or warrantholders with respect to the ticker symbol or exchange listing change.

PROOF Acquisition Corp I Stockholders Approve Previously Announced Business Combination with Volato

Retrieved on: 
Wednesday, November 29, 2023

PROOF Acquisition Corp I (NYSE: PACI) (“PACI”) today announced that its stockholders voted to approve the previously announced business combination with Volato, Inc. a leading private aviation company in the United States, at the special meeting of stockholders (the “Special Meeting”) held on November 28, 2023.

Key Points: 
  • PROOF Acquisition Corp I (NYSE: PACI) (“PACI”) today announced that its stockholders voted to approve the previously announced business combination with Volato, Inc. a leading private aviation company in the United States, at the special meeting of stockholders (the “Special Meeting”) held on November 28, 2023.
  • Approximately 97% of the votes cast at the Special Meeting were cast in favor of the approval of the Business Combination.
  • The closing of the Business Combination is anticipated to occur on or before December 1, 2023.
  • BTIG, LLC and Roth MKM are serving as financial advisors to Volato, Inc. Womble Bond Dickinson (US) LLP is serving as legal advisor to Volato, Inc. Steptoe & Johnson LLP is serving as legal advisor to PROOF Acquisition Corp I. Lowenstein Sandler LLP is serving as legal advisor to PROOF.vc.

Volato Announces Appointment of Mark Heinen as Chief Financial Officer

Retrieved on: 
Monday, November 27, 2023

Volato , a leading private aviation company in the United States, today announced the appointment of Mark Heinen as Chief Financial Officer, effective November 28, 2023.

Key Points: 
  • Volato , a leading private aviation company in the United States, today announced the appointment of Mark Heinen as Chief Financial Officer, effective November 28, 2023.
  • As the new CFO, Mark will oversee Volato's financial strategy, ensuring the company continues to thrive in the competitive private aviation market.
  • Previously, Mr. Heinen served as the SVP, Global Corporate Controller and interim Chief Financial Officer at Trintech, Inc. Mr. Heinen's career began in public accounting at PricewaterhouseCoopers.
  • “Volato is an exciting opportunity to join another high-growth company that is disrupting the private aviation industry,” said Mark Heinen, Chief Financial Officer of Volato.

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

Retrieved on: 
Thursday, December 7, 2023

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.

Key Points: 
  • 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.
  • With Volato Partner Benefits, Volato members gain discounts and exclusive offerings from an array of companies such as:
    Canyon Ranch : A global leader in destination wellness, provides a world-class wellness experience that empowers individuals to achieve greater health and vitality.
  • Quintessentially : The world’s leading luxury concierge service, granting members access to the inaccessible all over the world.

Volato to Participate in 2023 NBAA Business Aviation Convention & Exhibition

Retrieved on: 
Thursday, October 12, 2023

Volato , a leading private aviation company in the United States, today announced that it will be participating in the 2023 National Business Aviation Association’s Annual Business Aviation Convention & Exhibition (NBAA-BACE) being held this year at the Las Vegas Convention Center from October 17-19, 2023.

Key Points: 
  • Volato , a leading private aviation company in the United States, today announced that it will be participating in the 2023 National Business Aviation Association’s Annual Business Aviation Convention & Exhibition (NBAA-BACE) being held this year at the Las Vegas Convention Center from October 17-19, 2023.
  • Volato will be located in booth #N4031 at the Convention Center, with access to a HondaJet for static viewing at Henderson Executive Airport throughout the week.
  • Several executives will be on hand to discuss the company’s range of solutions including:
    To schedule a meeting with Volato’s team, use the following contact information:

Volato Expands Its Volato Go! Flight Program to Texas

Retrieved on: 
Wednesday, October 11, 2023

network to the Texas Triangle,” said Gary Waldman, Executive Vice President of Fleet Performance at Volato.

Key Points: 
  • network to the Texas Triangle,” said Gary Waldman, Executive Vice President of Fleet Performance at Volato.
  • With Volato Go!, all customers can take advantage of our lowest dynamic market pricing, with the Volato Go!
  • Texas pricing applies to flights between three Texas airports only: DAL (Dallas Love Field), HOU (William P. Hobby Airport) and AUS (Austin-Bergstrom International).
  • Volato’s other solutions include aircraft fractional ownership, the Volato Insider Program, Volato Aircraft Management Services, and ad hoc charter, which includes highly discounted Daily Deals.

SmartSky® Achieves Key Commercial Milestones Ahead of NBAA-BACE 2023

Retrieved on: 
Monday, October 16, 2023

LAS VEGAS, Oct. 16, 2023 /PRNewswire/ -- NBAA-BACE, – SmartSky, the innovative air-to-ground (ATG) inflight connectivity provider, is reporting several key commercial milestones since announcing nationwide coverage at NBAA 2022 last year.

Key Points: 
  • LAS VEGAS, Oct. 16, 2023 /PRNewswire/ -- NBAA-BACE, – SmartSky, the innovative air-to-ground (ATG) inflight connectivity provider, is reporting several key commercial milestones since announcing nationwide coverage at NBAA 2022 last year.
  • SmartSky has significantly expanded its availability via a rapidly growing dealer network and STC availability.
  • SmartSky recently announced that Davinci Jets will be upgrading the majority of their managed fleet to SmartSky.
  • The company has added six sales and installation partners, bringing the total to nearly 25.