Volato recorded over 1,000 hours per month and over 12,000 total flight hours in 2023. It is now transitioning the management of its fleet to flyExclusive, a move which is expected to bring about significant cost savings.

By right-sizing the fleet now, Volato is ensuring that its operations remain efficient and aligned with both current and future demand.

Luis Garcia will develop new customer acquisition and revenue growth strategies, increasing market awareness and expanding the sales team, as the company accepts additional HondaJets and Gulfstream G280s.