Volato Group has confirmed delivery of its second Gulfstream G280, contributing to a projected senior debt reduction of over $10 million and stronger gross profit for the first quarter of 2025. The aircraft is part of a four-unit order aimed at meeting a growing market demand for premium super-midsize jets.

“We are executing a disciplined plan to strengthen Volato’s financial foundation,” says CEO Matt Liotta. “Reducing our senior debt by eight figures is a major achievement that enhances our flexibility, reinforces our resilience and ensures we are well-positioned for the future.”

A highly sought-after super-midsize jet, the Gulfstream G280 features a 3,600-nautical-mile range and a top cruising speed of Mach 0.85. Its spacious and quiet cabin is designed for both work and relaxation, making it a strong option for private jet buyers.

Volato’s ability to secure timely deliveries has helped the company to capitalise on a strong market amid broader supply constraints and backlogs throughout private aviation. With two additional G280s set for delivery later in 2025, the company continues to align its aircraft portfolio with current growth opportunities.

“This delivery marks the second Gulfstream G280 from our four-aircraft order, and we are well-positioned to realise value from these transactions,” adds Liotta. “The demand for high-quality jets like the G280 remains incredibly strong, and these deliveries allow us to efficiently meet market needs while continuing to drive value for our stakeholders.”