-

Volato Appoints Industry Sales Leader, Luis Garcia, as Executive Vice President of Sales

ATLANTA--(BUSINESS WIRE)--Volato Group, Inc. (NYSE American: SOAR) (“Volato”), a leading private aviation company and the largest HondaJet operator in the United States, today announced the appointment of Luis Garcia as Executive Vice President of Sales. Garcia is an industry veteran with more than 19 years of experience in private aviation sales and operations, bringing strong expertise and a proven track record of success to his new role at Volato.

Garcia previously spent eight years as Senior Vice President of Sales at Wheels Up, consistently leading in membership generation and cultivating high-performance teams. Prior to Wheels Up, he was Senior Vice President of Sales at Starbase Jet, a Part 135 charter operator offering aircraft sales, charter, management, and jet cards. He is highly regarded for his passion for customer service, ability to develop organizational talent, and strategic approach to partnering with clients to provide value in a competitive space.

“We are pleased to welcome Luis to the Volato team," said Matt Liotta, CEO of Volato. "His track record of success, industry reputation, and dedication to client service make him the perfect leader to propel our nationwide sales efforts. Luis understands our commitment to challenging the status quo and providing modern, efficient, customer-designed solutions. We're excited to see him collaborate across our organization to increase our top-line revenue and showcase Volato’s unique value proposition to new and existing customers.”

At Volato, Garcia will oversee the company’s national sales initiatives by developing new customer acquisition and revenue growth strategies, increasing market awareness, and expanding the sales team as the company accepts new deliveries of additional HondaJets and Gulfstream G280s.

“I’m excited to join Volato, a leader in private aviation, renowned for its customer-designed solutions and modern fleet. What drew me here was the company’s strong dedication to tailoring services to meet individual client needs, perfectly complemented by our advanced, technology-driven platform,” said Garcia. “With unlimited flying hours, no day restrictions, and a pioneering revenue-share model for HondaJets and the new Gulfstream G280s, Volato truly stands out. I’m excited to help Volato continue to set new standards in private travel solutions.”

For more information on Volato’s fractional program and travel solutions, visit: www.flyvolato.com

About Volato:

Volato (NYSE American: SOAR) is a leader in private aviation, redefining private air travel through modern, efficient, and customer-designed solutions. Volato provides a fresh approach to fractional ownership, aircraft management, jet card, deposit and charter programs, all powered by advanced, proprietary mission control technology. Volato's fractional programs uniquely offer flexible hours and a revenue share for owners across the world’s largest fleet of HondaJets, which are optimized for missions of up to four passengers. For more information visit www.flyvolato.com.

All Volato Part 135 charter flights are operated by its DOT/FAA-authorized air carrier subsidiary (G C Aviation, Inc. d/b/a Volato) or by an approved vendor air carrier.

Contacts

For Media:
media@flyvolato.com

For Investors:
investors@flyvolato.com

Volato Group, Inc.

NYSEAM:SOAR

Release Versions

Contacts

For Media:
media@flyvolato.com

For Investors:
investors@flyvolato.com

More News From Volato Group, Inc.

Volato Announces Strategic Agreement with flyExclusive and Outlines Continued Growth Plans

ATLANTA--(BUSINESS WIRE)--Volato, the largest operator of HondaJet aircraft in the United States, today announced an agreement with flyExclusive, Inc. (NYSEAMERICAN: FLYX), a leading provider of private jet charter services, to transition the management of its fleet operations to flyExclusive. This move is expected to bring substantial cost savings and provide Volato with the opportunity to focus on its high-growth areas, including aircraft sales and proprietary software. Under the terms of the...

Volato Announces Fleet Update and Cost Efficiency Measures

ATLANTA--(BUSINESS WIRE)--Volato Group, Inc. (“Volato,” or the “Company”) (NYSE American: SOAR), a leading private aviation company and the largest HondaJet operator in the United States, today announced further steps in its ongoing efforts to enhance operational efficiency and profitability. As part of this strategy, the company will be removing five leased aircraft from its fleet, a decision that aligns with the anticipated delivery of new HondaJets and the current pace of demand growth. This...

Volato Reports Second Quarter 2024 Results

ATLANTA--(BUSINESS WIRE)--Volato Group, Inc. (NYSE American: SOAR) (“Volato” or the “Company”), a leading private aviation company and the largest HondaJet operator in the United States, today announced results for the second quarter ended June 30, 2024. Second Quarter 2024 Financial Highlights Total revenue was $15.1 million Aircraft usage revenue was $12.5 million Managed services revenue was $2.7 million Net loss was $16.9 million, including the impact of a $2.8 million non-cash charge Adjus...
Back to Newsroom