Welcome to our dedicated page for Volato Group Inc-A news (Ticker: soar), a resource for investors and traders seeking the latest updates and insights on Volato Group Inc-A stock.
Volato Group Inc-A (SOAR) provides innovative private aviation solutions through fractional ownership programs and aircraft management services. This news hub offers investors and industry professionals centralized access to official company announcements and market developments.
Track all SOAR-related press releases, including earnings reports, strategic partnerships, operational updates, and regulatory filings. Our curated collection ensures timely access to material information affecting investment decisions in the aviation sector.
Key updates cover aircraft acquisition programs, jet card service expansions, fleet management innovations, and leadership announcements. Users gain insights into how SOAR navigates evolving demands in luxury air travel and asset utilization strategies.
Bookmark this page for streamlined monitoring of SOAR's corporate milestones. Verify facts directly from primary materials before making financial decisions, and check regularly for new filings reflecting the company's market position.
Volato Group (NYSE American: SOAR) has announced the sale of GC Aviation for $2 million in cash. The transaction includes the transfer of GC Aviation's FAA Part 135 air carrier certificate, which Volato had previously used for its managed aircraft operations.
The strategic divestiture aligns with Volato's focus on developing scalable, technology-enhanced solutions while transferring direct flight operations responsibility to third-party operators. The company plans to utilize the proceeds to support growth initiatives within its Mission Control software, Vaunt experiential travel platform, and aircraft trading and leasing operations.
Volato Group (NYSE American: SOAR) announced that Leviate Air Group has joined its Vaunt platform as an approved third-party operator, adding 13 new aircraft including 6 HondaJets to its network. This partnership strengthens Vaunt's light jet category offerings and expands access to one of its most popular aircraft types.
The addition of Leviate, which includes their Bombardier Global 5000, marks the first large-cabin aircraft in the network, potentially enabling future premium tier services. Vaunt's network now comprises over 100 aircraft, with the platform experiencing an 85% sequential increase in top-line sales. The platform continues to expand through operator partnerships while adding integrated features like hotel and airline bookings.
Vaunt, the experiential private aviation platform by Volato Group (NYSE: SOAR), is hosting an exclusive VIP Member Social at Dallas's Crescent Club, marking the first in a national series of member engagement events. The platform has shown significant growth, achieving $1.5 million in ARR in its first year and completing nearly 600 flights in 2024.
The company has doubled its aircraft network in Q1 2025 through partnerships with JetVia and flyExclusive. The Dallas event aims to strengthen member relationships, gather direct user feedback for platform development, and demonstrate the company's focus on building customer loyalty and network effects to support unit economics.
Volato (NYSE: SOAR), a private aviation company, reported strong Q1 2025 financial results, achieving $25.5 million in revenue and net income of $0.5 million ($0.03 per diluted share). The company successfully reduced its total liabilities by over $20 million, from $62.6 million to $39.2 million through debt reduction and asset sales.
The company plans to raise $8.0 million in additional capital and pursue further creditor settlements to extend its operating runway beyond 12 months. Volato has drawn $4.5 million from its $36.0 million convertible facility with JAK Opportunities, expected to convert to equity in Q2 2025.
Looking ahead, Volato expects profitability in Q2 and Q4 2025, with Q3 projected negative due to aircraft delivery timing. The company recently received its third Gulfstream G280 aircraft, and its Vaunt platform is operating at breakeven with expected full-year profitability in 2025.
Volato Group (NYSE: SOAR) announced at NBAA Schedulers & Dispatchers Conference 2025 that its Vaunt platform is expanding beyond private jet booking to offer complete trip planning capabilities. The enhanced platform will allow subscribers to book hotel stays and commercial airline tickets through new 'Complete the Trip' and 'Travel Center' features.
Traditionally focused on one-way, spontaneous private jet journeys, Vaunt users can now build full itineraries by adding return legs and accommodations within the same integrated platform. The expansion aims to drive subscriber growth, increase average revenue per user (ARPU), and generate more engagement across Vaunt's operator network.
The platform currently hosts 111 aircraft with operators including JetVia, Koury Aviation, and flyExclusive. At the conference, Vaunt confirmed plans to further expand its operator base in the coming weeks, positioning itself as a scalable solution in private aviation.