Volato’s Vaunt Platform Achieves 50% ARR Growth, Poised for Further Expansion with New Excel/XLS Aircraft from flyExclusive
22 Noviembre 2024 - 7:30AM
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 members flying on
flyExclusive’s CJ3+ fleet, the addition of Excel/XLS aircraft
further underscores our mission to make private aviation more
accessible and enjoyable for all,” said Nicholas Cooper, President
at Vaunt. “The Excel/XLS offers a winning combination of comfort,
performance, and range, and for the first time offering our members
a 9-passenger cabin experience. As always, Vaunt members can bring
their friends and family at no additional cost to join them and
fly.”
Why the Excel/XLS is a valuable addition for Vaunt Members:
- Enhanced Comfort: With a spacious cabin accommodating up to 9
passengers, the Excel/XLS provides roomier interiors and luxurious
seating for an elevated in-flight experience.
- Impressive Range and Speed: These jets can travel up to 1,900
nautical miles, making them ideal for mid-range flights without
fuel stops.
- Versatile Performance: The Excel/XLS is renowned for its
ability to access smaller airports with shorter runways, offering
more unique destinations for Vaunt members.
- Baggage Capacity: With generous luggage space, the aircraft is
perfect for both business and leisure travelers requiring
additional storage.
The Excel/XLS integration reflects Vaunt’s ongoing partnership
with flyExclusive and its dedication to growing its network of
premium operators. The additional fleet expansion ensures that
members can access a broader range of flights, creating even more
opportunities to soar spontaneously.
For more information about Vaunt and its membership offerings,
please visit www.flyvaunt.com.
About Vaunt:
Vaunt, a Volato Group company, is reshaping private aviation by
providing accessible and affordable access to empty-leg flights.
Using proprietary software and a user-friendly mobile app, Vaunt
enables spontaneous and frequent travelers to experience private
aviation with ease. All Vaunt flights are operated by its DOT/FAA-
authorized air carrier affiliate or by an approved vendor air
carrier.
About Volato:
Volato (NYSE American: SOAR) is a private aviation company
advancing the industry with innovative solutions in aviation
software and on-demand flight access. Volato’s proprietary Mission
Control software drives efficiency across operations and supports
operators in managing fractional ownership, charter, and other
services. Volato’s Vaunt platform connects travelers with available
private flights, offering a flexible option for on-demand travel.
With a commitment to advanced technology and customer-focused
solutions, Volato is building scalable tools to elevate service
quality and operational effectiveness in private aviation. For more
information visit www.flyvolato.com.
About flyExclusive:
flyExclusive operates one of the largest private jet fleets in
North America, providing private charter services through its
diverse range of aircraft. They offer tailored travel solutions to
meet the needs of their customers and are committed to delivering a
seamless flight experience.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20241122262363/en/
For Media: media@flyvolato.com
For Investors: investors@flyvolato.com
Volato (AMEX:SOAR)
Gráfica de Acción Histórica
De Nov 2024 a Dic 2024
Volato (AMEX:SOAR)
Gráfica de Acción Histórica
De Dic 2023 a Dic 2024