Volato Group
SOAR

$0.4100

14.73%

Market Cap: $12.1M

About: Volato Group Inc operates an aircraft ownership program, provides ad-hoc charter flights, sells deposit products, and manages aircraft for owners in the private aviation industry. It offers fractional ownership, aircraft management, jet cards, deposit, and charter programs. The company's fractional programs provides flexible hours and a revenue share for owners in a fleet of HondaJets, optimized for missions of up to four passengers.

Employees: 229

Industrials Air Transportation, Nonscheduled

0

Funds holding %

of 6,710 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

100% more repeat investments, than reductions

Existing positions increased: 4 | Existing positions reduced: 2

75% more first-time investments, than exits

New positions opened: 7 | Existing positions closed: 4

18% more funds holding

Funds holding: 17 [Q1] → 20 (+3) [Q2]

0.6% more ownership

Funds ownership: 2.68% [Q1] → 3.28% (+0.6%) [Q2]

80% less capital invested

Capital invested by funds: $2.79M [Q1] → $561K (-$2.23M) [Q2]

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Research analyst outlook

We haven’t received any recent analyst ratings for SOAR.

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Financial journalist opinion

Based on 5 articles about SOAR published over the past 30 days

NYSE American to Commence Delisting Proceedings with Respect to the Warrants of Volato Group, Inc. (SOAR.WS)

NEW YORK--(BUSINESS WIRE)--NYSE American LLC (“NYSE American” or the “Exchange”) announced today that the staff of NYSE Regulation has determined to commence proceedings to delist the warrants — ticker symbol SOAR.WS — of Volato Group, Inc. (the “Company”), each whole warrant exercisable for one share of Class A common stock at an exercise price of $11.50, from the NYSE American. Trading in the Company's warrants will be suspended immediately. Trading in the Company's Class A common stock — tic.

NYSE American to Commence Delisting Proceedings with Respect to the Warrants of Volato Group, Inc. (SOAR.WS)

Volato Announces Acceptance of Compliance Plan by NYSE American

ATLANTA--(BUSINESS WIRE)--Volato Group, Inc (“Volato,” or the “Company”) (NYSE American: SOAR), today announced that the NYSE American LLC (the "NYSE American") has accepted the Company's plan of compliance for continued listing on the exchange. As previously reported, on June 18, 2024, the Company received a notice (the "notice") from the NYSE American LLC (the “NYSE American”) advising the Company that it is not in compliance with the NYSE American continued listing standards set forth in Sec.

Volato Announces Acceptance of Compliance Plan by NYSE American

Volato Announces Strategic Agreement with flyExclusive and Outlines Continued Growth Plans

ATLANTA--(BUSINESS WIRE)--Volato, the largest operator of HondaJet aircraft in the United States, today announced an agreement with flyExclusive, Inc. (NYSEAMERICAN: FLYX), a leading provider of private jet charter services, to transition the management of its fleet operations to flyExclusive. This move is expected to bring substantial cost savings and provide Volato with the opportunity to focus on its high-growth areas, including aircraft sales and proprietary software. Under the terms of the.

Volato Announces Strategic Agreement with flyExclusive and Outlines Continued Growth Plans

flyExclusive Enters Exclusive Agreement to Provide Aircraft Management Services to Volato Group Inc.

KINSTON, N.C.--(BUSINESS WIRE)--flyExclusive, Inc. (NYSEAMERICAN: FLYX) (“flyExclusive” or the “Company”), a publicly-traded provider of premium private jet charter experiences, today announced that it has entered into an Aircraft Management Services Agreement (“AMS”) with Volato Group, Inc. (“Volato”), the largest HondaJet operator in the United States. “As a fully integrated operator, flyExclusive is well-positioned to offer synergistic value to Volato's clients and deliver enhanced value for.

flyExclusive Enters Exclusive Agreement to Provide Aircraft Management Services to Volato Group Inc.

Volato Announces Fleet Update and Cost Efficiency Measures

ATLANTA--(BUSINESS WIRE)--Volato Group, Inc. (“Volato,” or the “Company”) (NYSE American: SOAR), a leading private aviation company and the largest HondaJet operator in the United States, today announced further steps in its ongoing efforts to enhance operational efficiency and profitability. As part of this strategy, the company will be removing five leased aircraft from its fleet, a decision that aligns with the anticipated delivery of new HondaJets and the current pace of demand growth. This.

Volato Announces Fleet Update and Cost Efficiency Measures

Volato Reports Second Quarter 2024 Results

ATLANTA--(BUSINESS WIRE)--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 second quarter ended June 30, 2024. Second Quarter 2024 Financial Highlights Total revenue was $15.1 million Aircraft usage revenue was $12.5 million Managed services revenue was $2.7 million Net loss was $16.9 million, including the impact of a $2.8 million non-cash charge Adjus.

Volato Reports Second Quarter 2024 Results

Volato Announces Date for Second Quarter 2024 Earnings Call

ATLANTA--(BUSINESS WIRE)--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 second quarter ended June 30, 2024 before the market open on August 14, 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 +1 215-26.

Volato Announces Date for Second Quarter 2024 Earnings Call

Volato Launches the First Fractional G280 Ownership Program in the United States

ATLANTA--(BUSINESS WIRE)--Volato Group, Inc. (NYSE American: SOAR) (“Volato”), a leading private aviation company and the largest HondaJet operator in the United States, today announced the launch of its Fractional G280 Ownership Program, expanding its fractional offering to the super-midsize category and becoming the only provider in the U.S. to offer fractional ownership of the G280. The Gulfstream G280 is designed to complement Volato's existing fleet by offering a spacious cabin that comfor.

Volato Launches the First Fractional G280 Ownership Program in the United States

Volato Updates Fractional Program with Additional Differentiated Benefits

ATLANTA--(BUSINESS WIRE)--Volato Group, Inc. (NYSE American: SOAR) (“Volato”), a leading private aviation company and the largest HondaJet operator in the United States, today announced a series of enhancements to its fractional program, along with the news that the company has returned $8.5 million in revenue share to fractional owners since its inception in August 2021. These changes are aimed at delivering unparalleled value, flexibility, and a financially efficient program to fractional own.

Volato Updates Fractional Program with Additional Differentiated Benefits

Volato Reports Operational KPIs for the Second Quarter 2024

ATLANTA--(BUSINESS WIRE)--Volato Group, Inc. (“Volato,” or the “Company”) (NYSE American: SOAR), a leading private aviation company and the largest HondaJet operator in the United States, today announced key performance indicators (KPIs) for the second quarter 2024. Mark Heinen, Volato's Chief Financial Officer, commented, “We were pleased to achieve another quarter of positive, consistent performance across all metrics, reflecting the sustained demand for Volato's customer-designed, modern, an.

Volato Reports Operational KPIs for the Second Quarter 2024

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