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Business Air News Bulletin
Business Air News Bulletin
The monthly news publication for aviation professionals.
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The monthly news publication for aviation professionals.

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Demand fuels Volato HondaJet purchase and new charter service
Demand for fractional ownership has driven Volato’s purchase of 15 HondaJet Elite S aircraft. Now comes the launch of its non-owner charter service, which returns a portion of the fee to fractional owners.
Volato CEO Matt Liotta.
Read this story in our February 2022 printed issue.

Atlanta, Georgia-based fractional start-up Volato has officially launched an ad hoc charter service for the general public. Passengers who do not have ownership in a Volato aircraft can now book a flight and pay by the hour for a domestic trip aboard a four passenger HondaJet Elite S. A portion of the charter fees are then returned to fractional owners, a distinguishing feature of the programme.

“The launch of our charter service completes our innovative business model,” says chief revenue office and co-founder Nicholas Cooper. “We are launching another revenue stream for our owners where they can earn up to $1,250 on every live flight hour, irrespective of who is flying. It also provides the growing private travel community the ability to experience our exemplary service and our luxury aircraft for their four-or-less passenger missions. We are excited to continue to provide innovative solutions to the private aviation space.”

Volato launched its fractional ownership service in early September 2021 with just one HondaJet Elite S, and has since sold most of its current inventory, with limited fractional ownership shares available on upcoming first quarter 2022 deliveries of 15 new jets. This brings the fleet to 22 aircraft, and the additions will be located at Volato's home base in Peachtree DeKalb airport in Atlanta, as well as across the nation according to owners' needs.

“The private aviation industry has long needed an overhaul with a focus on efficiency for four-or-less passenger missions, and as we enter year three of the pandemic, it's clear the aviation industry has changed for good,” adds CEO Matt Liotta. “The ease of booking, convenience of check in, comfort and now cost are all attractive features of private flight.”

Other News
Honda enhances ownership with Aircraft Management Services
October 23, 2023
Backed by Honda-trained technicians, genuine Honda quality parts and expedited scheduling, the HondaJet AMS programme aims to guarantee uninterrupted aircraft operations and optimised flight hours.
Volato Go! programme expands into Texas
October 16, 2023
The intra-Texas aviation market is substantial and well-suited to Volato's HondaJet fleet, and its Volato Go! programme now offers low-priced, one way flights between Dallas, Houston and Austin.
Reorganisation primes Volato for growth and maturity
September 15, 2023
Volato has made a strategic reorganisation to fuel sustained growth and business maturity. Keith Rabin is promoted to president and will lead the new commercial team.