Volato Group has made a series of enhancements to its fractional programme and has returned $8.5 million in revenue share to fractional owners since its inception in August 2021.

“We are thrilled to introduce these updates to our fractional programme, which provide even greater value to our customers and make our fractional programme more competitive,” says CEO Matt Liotta. “Our goal is to consistently exceed the expectations of our fractional owners by providing them with a best-in-class private aviation experience, maximum service value and flexibility. We are especially proud of the $8.5 million we've returned in revenue share to our fractional owners.”

Key fractional owner programme updates for new buyers include:

- Minimum revenue share guarantee: Volato will guarantee a minimum revenue share of 650 revenue hours a year for new HondaJet and G280 fractional aircraft, even if the aircraft flies fewer actual revenue hours in that year. This provides a more predictable set of total programme costs and revenues for Volato's fractional owners.

- Guaranteed light jet availability: HondaJet programme owners will now enjoy guaranteed access to a range of light jets with greater passenger and/or range capability than the HondaJet. This includes access to popular models such as the Phenom 300 and Citation CJ3, at a competitive rate that is 1.5 times the customer's applicable HondaJet rate plus fuel.

- Elimination of repositioning charges: Volato has removed repositioning charges for all flights within the continental United States, simplifying the programme and removing unexpected costs.

- Reduction in peak days: Volato is substantially reducing the number of peak days by eight days, providing owners with greater flexibility and access to the fleet during high-demand periods.

“It's not often that fractional providers prioritise innovation or implement changes that decidedly favour the client, but at Volato we're different. We know what it's like to be owners sitting in the back of the plane,” says EVP of sales Luis Garcia. “By offering a minimum revenue guarantee, eliminating repositioning costs in the US and providing competitive upgrade options to help provide the right plane for every mission, we empower individuals, families and businesses to optimise their ownership costs and budgets seamlessly.”