Volato Appoints Industry Veteran Mark Ozenick to Lead Aircraft Management Business Growth

Rhea-AI Summary

Volato Group, Inc. (NYSE American: SOAR), the largest HondaJet operator in the US, has appointed Mark Ozenick as President of Volato Aircraft Management Services (VAMS). With over 45 years of business aviation experience, Ozenick will lead the growth and expansion of Volato's aircraft management business. CEO Matt Liotta praised Ozenick's leadership, safety focus, and business acumen. Ozenick, founder of HeliFlite, has previously led Part 135 aviation companies and served as an advisor to major airlines. His appointment aims to strengthen Volato's position in the private aviation market and drive further growth in their aircraft management services.

Positive

• Appointment of industry veteran Mark Ozenick to lead aircraft management business growth
• Ozenick brings 45+ years of business aviation experience
• Potential for expansion and scaling of Volato's aircraft management business

Negative

• None.

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 appointment of business aviation veteran, Mark Ozenick, as President of Volato Aircraft Management Services (VAMS), a division of Volato. Ozenick will spearhead the growth and expansion of the company’s aircraft management business.

“We are thrilled to welcome Mark to lead the expansion of Volato’s aircraft management business,” said Matt Liotta, CEO of Volato. “Mark’s unmatched leadership, dedication to safety, customer-centric approach, and sharp business acumen make him an invaluable addition to our senior management team. I look forward to working with him to scale our already successful aircraft management business.”

Ozenick brings over 45 years of business aviation experience, with expertise in flight operations, maintenance, and executive leadership. He has a proven track record of success, having previously led several Part 135 business aviation operating companies, where he improved processes and procedures with a focus on safety, service, and shareholder value.

“Volato has established a unique and compelling business model that delivers exceptional service, safety, and products to its clients,” said Ozenick. “Aircraft management is a crucial component of that model and a key differentiator in the market. I look forward to building upon this strong foundation and driving further growth.”

Ozenick is the founder of HeliFlite, the nation’s leading provider of regional helicopter services. He has served as a trusted advisor on aviation matters to major airlines including American Airlines, Delta Airlines, and JSX, as well as private equity organizations and family offices. His experience includes a successful tenure as President of Dassault Falcon Jet’s MRO network in North and South America. Additionally, Ozenick is a board advisor to Transcend Air, and was recently appointed Vice Chairman of Infrastructure for the State of Texas’ Advanced Urban Air Mobility Council. His involvement in these organizations underscores his dedication to advancing the field of aviation.

About Volato:

Volato (NYSE American: SOAR) is a leader in private aviation, redefining air travel through modern, efficient, and customer-designed solutions. Volato provides a fresh approach to fractional ownership, aircraft management, jet card, deposit and charter programs, all powered by advanced, proprietary mission control technology. Volato's fractional programs uniquely offer flexible hours and a revenue share for owners across the world’s largest fleet of HondaJets, which are optimized for missions of up to four passengers. For more information visit www.flyvolato.com.

All Volato Part 135 charter flights are operated by its DOT/FAA-authorized air carrier subsidiary (GC Aviation, Inc. d/b/a Volato) or by an approved vendor air carrier.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240717107268/en/

For Media:

media@flyvolato.com

For Investors:

investors@flyvolato.com

Source: Volato Group, Inc.

FAQ

Who is Mark Ozenick and what is his new role at Volato (SOAR)?

Mark Ozenick is a business aviation veteran with over 45 years of experience. He has been appointed as President of Volato Aircraft Management Services (VAMS), a division of Volato (NYSE American: SOAR), to lead the growth and expansion of the company's aircraft management business.

What is Volato's (SOAR) position in the HondaJet market?

Volato (NYSE American: SOAR) is the largest HondaJet operator in the United States, positioning it as a leading company in the private aviation sector.

How might Mark Ozenick's appointment impact Volato's (SOAR) business?

Mark Ozenick's appointment is expected to drive growth and expansion of Volato's aircraft management business. His extensive experience and expertise in flight operations, maintenance, and executive leadership could strengthen Volato's position in the market and potentially increase shareholder value.

What is Mark Ozenick's background in the aviation industry?

Mark Ozenick has over 45 years of business aviation experience. He is the founder of HeliFlite, has led several Part 135 aviation companies, served as President of Dassault Falcon Jet's MRO network, and has been an advisor to major airlines including American Airlines, Delta Airlines, and JSX.