Honda HA-420 HondaJet

Jet.AI Announces Non-Recourse Debt Financing for Proposed Fleet Deal

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星期二, 六月 4, 2024
Artificial intelligence, Letter, Aircraft, Honda HA-420 HondaJet, Airline

The debt financing arrangement, in conjunction with the previously announced Ionic Ventures LLC financing, positions the Company well to execute on its long planned fleet order in management’s view.

Key Points: 
  • The debt financing arrangement, in conjunction with the previously announced Ionic Ventures LLC financing, positions the Company well to execute on its long planned fleet order in management’s view.
  • Founder and Executive Chairman Mike Winston commented, “Today's announcement marks a significant step forward in our fleet expansion plan.
  • Following our successful $25 million order with HondaJet, this new $280 million order with Bombardier for larger jets would represent a substantial increase in scale.
  • For avoidance of doubt, the terms of the debt financing remain non-binding and confidential.

Volato’s First SmartSky®-Equipped HondaJet Enters Service

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星期四, 六月 13, 2024
Software, Carriers and Services, Networks, Internet, Luxury, Data Management, Transportation, Technology, Travel, Retail, Air, Transport, ATG, Small business, Honda HA-420 HondaJet, Airline

Volato Group, Inc. (NYSE American: SOAR) (“Volato”), a leading private aviation company and the largest HondaJet operator in the United States, today announced the first of its HondaJet fleet – and the first HondaJet ever – is now equipped with the award-winning SmartSky LITE™ inflight connectivity system, the only streaming-level connectivity solution for small business aircraft.

Key Points: 
  • Volato Group, Inc. (NYSE American: SOAR) (“Volato”), a leading private aviation company and the largest HondaJet operator in the United States, today announced the first of its HondaJet fleet – and the first HondaJet ever – is now equipped with the award-winning SmartSky LITE™ inflight connectivity system, the only streaming-level connectivity solution for small business aircraft.
  • The installation follows the previously announced agreement to equip the Volato HondaJet fleet with SmartSky LITE™ systems.
  • “Volato is dedicated to exceeding customer expectations on every flight,” said Matt Liotta, CEO of Volato.
  • “The addition of SmartSky’s next-generation inflight connectivity is a direct response to customer feedback and underscores our commitment to delivering a superior in-flight experience.

Volato to Attend Jefferies Business Aviation Summit

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星期四, 五月 30, 2024
Retail, Luxury, Air, Transport, Transportation, Travel, Jefferies, Webcast, Honda HA-420 HondaJet

Volato Group, Inc. (NYSE American: SOAR) (“Volato”), a leading private aviation company and the largest HondaJet operator in the United States, today announced that Matt Liotta, Chief Executive Officer, and Mark Heinen, Chief Financial Officer, will participate in a virtual fireside chat at the Jefferies Business Aviation Summit on June 4, 2024.

Key Points: 
  • Volato Group, Inc. (NYSE American: SOAR) (“Volato”), a leading private aviation company and the largest HondaJet operator in the United States, today announced that Matt Liotta, Chief Executive Officer, and Mark Heinen, Chief Financial Officer, will participate in a virtual fireside chat at the Jefferies Business Aviation Summit on June 4, 2024.
  • Mr. Liotta and Mr. Heinen will speak on Tuesday, June 4 at 9:20 AM ET.
  • To access the webcast and replay, please contact your Jefferies representative to register for the conference.

Volato Announces 2024 Safety Summit, June 25-26 in Atlanta, GA

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星期三, 五月 29, 2024
Retail, Luxury, Air, Transport, Transportation, Vacation, Travel, Aviation, Safety, Honda HA-420 HondaJet, National Business Aviation Association, NBAA, Platinum, Part, Airline

Volato Group, Inc. (NYSE American: SOAR) (“Volato”), a leading private aviation company and the largest HondaJet operator in the United States, today announced its second annual Safety Summit, a two-day event dedicated to advancing safety standards across the private aviation industry.

Key Points: 
  • Volato Group, Inc. (NYSE American: SOAR) (“Volato”), a leading private aviation company and the largest HondaJet operator in the United States, today announced its second annual Safety Summit, a two-day event dedicated to advancing safety standards across the private aviation industry.
  • “Safety is at the core of everything we do at Volato,” said Matt Liotta, CEO of Volato.
  • The summit will also feature an interactive panel discussion focused on top safety concerns of private aviation passengers.
  • Volato is proud to maintain ARGUS Platinum and IS-BAO Stage 3 safety certifications, underlining its commitment to uphold the highest safety standards.

Volato Appoints Industry Sales Leader, Luis Garcia, as Executive Vice President of Sales

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星期三, 五月 15, 2024
Transportation, Air, Transport, Travel, Starbase, Wheels Up, Acquisition, Honda HA-420 HondaJet

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 Luis Garcia as Executive Vice President of Sales.

Key Points: 
  • 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 Luis Garcia as Executive Vice President of Sales.
  • Garcia previously spent eight years as Senior Vice President of Sales at Wheels Up, consistently leading in membership generation and cultivating high-performance teams.
  • Prior to Wheels Up, he was Senior Vice President of Sales at Starbase Jet, a Part 135 charter operator offering aircraft sales, charter, management, and jet cards.
  • “We are pleased to welcome Luis to the Volato team," said Matt Liotta, CEO of Volato.

Volato Reports First Quarter 2024 Results

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星期三, 五月 15, 2024
Retail, Luxury, Air, Transport, Transportation, Travel, OEM, Table, Entrepreneurship, Leg, Honda HA-420 HondaJet, Airline

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 first quarter ended March 31, 2024.

Key Points: 
  • 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 first quarter ended March 31, 2024.
  • Net loss was $17.4 million, including the impact of a $0.2 million non-cash charge
    [1] Adjusted EBITDA is a non-GAAP measure.
  • Please refer to the tables and related notes in this press release for a reconciliation and definition of non-GAAP financial measures.
  • Our aircraft deliveries in 2024 will provide additional cash as well as more capacity to grow our network and better leverage our cost base.

Volato to Attend Sidoti Micro Cap Virtual Conference

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星期一, 四月 29, 2024
Other Transport, Automotive, General Automotive, Air, Transport, Other Automotive, Other Travel, Transportation, Travel, Fleet Management, Honda HA-420 HondaJet, Sidoti, Conference, Security (finance)

Volato Group, Inc. (NYSE American: SOAR) (“Volato”), a leading private aviation company and the largest HondaJet operator in the United States, today announced that Matt Liotta, Chief Executive Officer, and Mark Heinen, Chief Financial Officer, will present and host one-on-one investor meetings at the Sidoti Micro Cap Virtual Conference on May 8 - 9, 2024.

Key Points: 
  • Volato Group, Inc. (NYSE American: SOAR) (“Volato”), a leading private aviation company and the largest HondaJet operator in the United States, today announced that Matt Liotta, Chief Executive Officer, and Mark Heinen, Chief Financial Officer, will present and host one-on-one investor meetings at the Sidoti Micro Cap Virtual Conference on May 8 - 9, 2024.
  • Mr. Liotta and Mr. Heinen will present on Wednesday, May 8 at 2:30pm ET.
  • A webcast of the presentation will be available on Volato’s Investor Relations website: https://ir.flyvolato.com/ .
  • To schedule a one-on-one meeting with Mr. Liotta and Mr. Heinen, please reach out to your Sidoti representative.

Vaunt Marks First Cash-Positive Month, With Rapid Growth Highlighting Success in Tackling Empty-leg Flights

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星期四, 四月 25, 2024
Transport, Air, Honda HA-420 HondaJet, NPS, Google Play, Friends, App Store (iOS/iPadOS), Growth, Travel, Airline

This success highlights Vaunt's progress in addressing the longstanding issue of empty-leg flights, where 30% or more of private flights industrywide are repositioning flights with no passengers.

Key Points: 
  • This success highlights Vaunt's progress in addressing the longstanding issue of empty-leg flights, where 30% or more of private flights industrywide are repositioning flights with no passengers.
  • "The consumer enthusiasm and rapid growth we're experiencing with Vaunt validates our belief that we can use technology to make private aviation more accessible.
  • Our proprietary platform reduces inefficient empty-leg flights, lowering wastage while making private flights a reality for a wider audience," said Nicholas Cooper, President of Vaunt.
  • The company has facilitated nearly 300 flights for over 650 passengers on otherwise empty repositioning flights, with Vaunt subscribers providing a world-class Net Promoter Score (NPS) of 95 last quarter.

Volato Releases World-Class Net Promoter Score as Commitment to Continuous Improvement

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星期三, 四月 10, 2024
Transportation, Air, Transport, Travel, Honda HA-420 HondaJet, NPS, Aircraft, KPI, Professional, Wi-Fi, Retail

Volato Group, Inc. (NYSE American: SOAR) (“Volato”), a leading private aviation company and the largest HondaJet operator in the United States, today announced a top tier Net Promoter Score (NPS) of 88, based on the average scores of 2023.

Key Points: 
  • Volato Group, Inc. (NYSE American: SOAR) (“Volato”), a leading private aviation company and the largest HondaJet operator in the United States, today announced a top tier Net Promoter Score (NPS) of 88, based on the average scores of 2023.
  • "Volato's NPS score reflects our commitment to delivering exceptional customer experiences on every flight and fostering greater transparency across the industry," said Brandon McIntosh, Volato's Vice President of Client Experience.
  • Our NPS score is encouraging as a general benchmark of our customer experience, and we see it as a springboard for continuous improvement.
  • Volato tracks its NPS score on a monthly basis and also releases quarterly results as a part of its operational KPI disclosures.

FUJIFILM Diosynth Invests $1.2B in Holly Springs, North Carolina, Manufacturing Facility, Creating 680 New Jobs

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星期四, 四月 11, 2024
Dai, University, Fujifilm Diosynth Biotechnologies, Raleigh, North Carolina, Environmental quality, Investment, Toyota, Transport, Duke Energy, State university system, Dominion Energy, Partnership, Town, CDMO, Honda HA-420 HondaJet, Drug, Sumitomo Forestry, Commerce, North Carolina State University, Wake Technical Community College, Economic development, Biotechnology, Fine chemical

HOLLY SPRINGS, N.C., April 11, 2024 /PRNewswire-PRWeb/ -- FUJIFILM Diosynth Biotechnologies North Carolina, Inc., a world-leading contract development and manufacturing organization (CDMO), will invest $1.2 billion to expand its biopharmaceutical manufacturing facility in Holly Springs, North Carolina, creating 680 new jobs in Wake County. Initial investments of the FUJIFILM's Holly Springs operation included $2 billion in 2021, making it the largest end-to-end biopharmaceutical manufacturing facility in North America.

Key Points: 
  • Initial investments from FUJIFILM Diosynth included $2 billion in 2021, making it the largest end-to-end biopharmaceutical manufacturing facility in North America
    HOLLY SPRINGS, N.C., April 11, 2024 /PRNewswire-PRWeb/ -- FUJIFILM Diosynth Biotechnologies North Carolina, Inc., a world-leading contract development and manufacturing organization (CDMO), will invest $1.2 billion to expand its biopharmaceutical manufacturing facility in Holly Springs, North Carolina, creating 680 new jobs in Wake County.
  • "North Carolina is known worldwide as a biotechnology hub thanks to the continued investment from companies like FUJIFILM Diosynth," said Christopher Chung, CEO of the Economic Development Partnership of North Carolina.
  • "North Carolina is known worldwide as a biotechnology hub thanks to the continued investment from companies like FUJIFILM Diosynth," said Christopher Chung, CEO of the Economic Development Partnership of North Carolina.
  • In 2021, Toyota announced it would build its first North American battery manufacturing plant in Liberty, North Carolina, investing $1.29 billion and creating 1,750 jobs.