This website uses cookies
More information
Business Air News Bulletin
Business Air News Bulletin
The monthly news publication for aviation professionals.

Why visit ACE ’24?

Related background information from the Handbook...
The monthly news publication for aviation professionals.

Request your printed copy

Annual sales top $100m for HondaJet operator
Relative newcomer Volato has exceeded its sales goal for its first full year of business, pulling in over £103 million in sales last year.
Volato CEO and founder Matt Liotta.
Read this story in our April 2023 printed issue.

Atlanta, Georgia-headquartered HondaJet operator Volato achieved total sales of more than $103 million in 2022, its first full year of operations, representing a 627 per cent increase over its 2021 results. The company launched in the second half of 2021.

Volato attributes its success to its customer-first programmes that include a fractional programme in which owners enjoy both unlimited flight hours and a revenue share; the Stretch jet card that rewards itinerary flexibility; the Insider deposit programme with capped charter rates; its aircraft management division Volato AMS; as well as new charter programmes such as Volato Go! and Broker Rewards.

“I couldn’t be more proud of our team for their hard work and dedication that led to our tremendous growth. It’s because of their passion and commitment that we continue to achieve success,” says CEO and co-founder Matt Liotta. “I want to thank our team for their unwavering effort and for making this journey such a rewarding one.”

Volato not only exceeded its goal of $100 million in sales for 2022, it also increased its workforce from 22 to 176 employees.

“Due to the nature of our business model the majority of these sales are recurring in nature. We look forward to serving our customers for many years to come,” adds CFO Keith Rabin. “We have only been able to grow so rapidly with the support of dedicated team members throughout the company, which enables the high level of service for which Volato is known.”

Other News
Volato named as high achiever for customer service
April 15, 2024
Generally, a Net Promoter Score above 50 is considered excellent, while any score above 80 is considered world-class. Volato has managed a score of 88, placing it in the very top tier in the US.
Volato's growing fleet sees revenues rise rapidly
March 29, 2024
Volato launches integrated app
March 18, 2024
The customer-designed app scales Volato operations for enhanced customer experiences: it offers pricing, booking and real-time data, integrated with Volato Mission Control.
HondaJet maintenance capabilities expand in southeast US
January 22, 2024
Transparent Volato reveals flight hours and market share
January 8, 2024
The disclosure of KPIs provides Volato stakeholders with clearer insights into aircraft utilisation and overall customer engagement as the newly public company expands its operational footprint.
Volato grows HondaJet fleet to 24
January 3, 2024