Volato’s Vaunt Platform Achieves 50% ARR Growth, Poised for Further Expansion with New Excel/XLS Aircraft from flyExclusive
Volato Group, Inc. Class A (SOAR)
Company Research
Source: Business Wire
ATLANTA--(BUSINESS WIRE)--Volato Group, Inc. (NYSE America: SOAR) announced that Vaunt, the innovative empty leg private aviation booking platform, achieved 50% revenue growth since June 2024, and announced the expansion of its flight inventory with the integration of the first Excel/XLS flights from flyExclusive’s fleet. Building on the successful launch and integration of flyExclusive’s CJ3+ fleet earlier this month, this latest addition reinforces Vaunt’s commitment to providing its members with greater inventory flexibility and an enhanced flying experience.The integration of Excel/XLS aircraft marks a significant milestone, introducing up to an additional 58 jets from flyExclusive’s fleet to Vaunt’s inventory. These aircraft will be gradually made available to Vaunt members, enabling more options for spontaneous, luxurious, and cost-effective private travel, while anticipated to accelerate the growth of Vaunt’s financial performance.“Following the positive feedback from membe
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News
- Volato Reports $40.3 million in Revenue and Confirms NYSE Acceptance of Compliance Plan in Third Quarter 10-QBusiness Wire
- Volato Reports Third Quarter 2024 ResultsBusiness Wire
- Vaunt Launches Third-Party Operator Program Following Successful flyExclusive IntegrationBusiness Wire
- Vaunt Reaches First Milestone with flyExclusive Flights Now AvailableBusiness Wire
- Volato Announces Acceptance of Compliance Plan by NYSE AmericanBusiness Wire
SOAR
Sec Filings
- 11/20/24 - Form 424B3
- 11/19/24 - Form 10-Q
- 11/18/24 - Form 424B3
- SOAR's page on the SEC website