Volato expands into aircraft leasing amid solid sales

ATLANTA - Volato Group, Inc. (NYSE American: SOAR), a technology-focused aviation company, has unveiled a new aircraft leasing strategy targeting high-demand charter platforms. This move comes as the company reported $25.1 million in revenue from its aircraft-trading program in the first quarter of 2025, with expectations of similar results in the second quarter. According to InvestingPro data, the company’s total revenue reached $71.72 million in the last twelve months, showing impressive year-over-year growth of 259%.

The leasing initiative capitalizes on Volato’s track record of sourcing and monetizing premium aircraft by selecting models with strong residual value and consistent charter demand. The company aims to become a capital-efficient lessor, contributing to its recurring income while maintaining a focus on its core technology platforms. This strategy appears crucial as InvestingPro analysis reveals the company is currently operating with a significant debt burden and facing cash flow challenges, with a current ratio of 0.53.

"Our aircraft-trading program has matured into a reliable strategic capability," stated Matt Liotta, Co-Founder and CEO of Volato. "We’re now applying that expertise to selectively acquire charter-relevant aircraft and place them with top-tier operators."

Mark Heinen, Chief Financial Officer of Volato, highlighted the practicality of the strategy, noting its alignment with the company’s commitment to capital discipline. The initiative is designed to keep the company lean and liquid, allowing for continued investment in Volato’s proprietary operations software, Mission Control, and its fast-scaling experiential travel platform, Vaunt.

The leasing program is expected to create a new stream of asset-efficient revenue and complements the company’s ongoing investments in technology. Volato’s strategic approach avoids the long-term burden of fleet-heavy operations by monetizing aircraft to fund growth in its platform businesses.

Further information on Volato’s leasing program and capital allocation strategy will be disclosed during its second-quarter earnings call in August 2025. With the company’s market capitalization currently at $5.08 million and an overall Financial Health Score rated as WEAK by InvestingPro, investors can access 13 additional exclusive insights and detailed financial metrics through an InvestingPro subscription.

Volato is known for advancing the private aviation industry with innovative solutions, including its Mission Control software, which drives operational efficiency, and Vaunt, which connects travelers with available private flights. The company’s focus on technology and customer service is central to its mission to elevate service quality and operational effectiveness in private aviation.

This news is based on a press release statement from Volato Group, Inc.

In other recent news, Volato Group, Inc. has announced a significant expansion of its Vaunt platform’s fleet, adding 59 aircraft through partnerships with JetVia, Koury Aviation, and flyExclusive. This brings Vaunt’s total fleet to 111 aircraft, supporting its goal of nationwide coverage and highlighting potential for continued revenue growth. In addition, Volato Group has replaced its independent registered public accounting firm, Rose, Snyder & Jacobs LLP, with Elliott Davis LLC, following concerns about the company’s ability to continue as a going concern. Despite these concerns, there were no adverse opinions or disagreements reported between Volato and the previous firm. Furthermore, the company has faced challenges in convening its special meeting of stockholders due to insufficient quorum, leading to multiple postponements. The meeting was initially scheduled for April 15, 2025, and has been rescheduled to May 7, 2025. These recent developments reflect Volato Group’s efforts to enhance its operational capabilities and maintain transparency with stakeholders.

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