-

Volato Takes Delivery of Second G280 and Strengthens Balance Sheet with Significant Senior Debt Reduction in Q1 2025

ATLANTA--(BUSINESS WIRE)--Volato Group, Inc. (the “Company” or “Volato”) (NYSE American: SOAR), a leader in private aviation, today announced that it took delivery of a second Gulfstream G280 in January. The G280 delivery and other planned measures are expected to deliver a substantially improved balance sheet for the first quarter of 2025, with a reduction of senior debt by more than $10 million. The Company also expects to see significantly improved gross profit in the first quarter of 2025. This milestone represents a key step in Volato’s strategy to enhance financial strength and position the company for long-term success.

"We are executing on a disciplined plan to strengthen Volato’s financial foundation," said Matt Liotta, CEO of Volato. "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."

Positioned for Growth

With this improved balance sheet and gross profit, Volato is in a stronger position to focus on operational execution and advance its innovative private aviation solutions. The company remains committed to delivering exceptional service, driving efficiency, and maximizing value for customers and shareholders.

About Volato

Volato is a private aviation company advancing the industry with innovative solutions in aviation software and on-demand flight access. Volato’s proprietary Mission Control software drives efficiency across operations and supports operators in managing fractional ownership, charter, and other services. Volato’s Vaunt platform connects travelers with available private flights, offering a flexible option for on-demand travel. With a commitment to advanced technology and customer-focused solutions, Volato is building scalable tools to elevate service quality and operational effectiveness in private aviation.

For more information about Volato, please visit www.flyvolato.com.

Contacts

For Media:
media@flyvolato.com

For Investors:
investors@flyvolato.com

Industry:

Volato Group, Inc.

NYSEAM:SOAR
Release Versions
English

Contacts

For Media:
media@flyvolato.com

For Investors:
investors@flyvolato.com

More News From Volato Group, Inc.

Volato Group’s Alignment Engine Subsidiary Signs $1.2 Billion in AI Infrastructure Orders with Large AI Customer

NORTH CANTON, Ohio--(BUSINESS WIRE)--Volato Group, Inc. (NYSE American: SOAR) (“Volato” or the “Company”) today announced that its Alignment Engine subsidiary has entered into two four-year, take-or-pay orders with a large AI customer, representing $1.17 billion in aggregate contract value and marking Alignment Engine’s first major customer commitment for its AI infrastructure platform. The orders provide for the phased deployment of dedicated, next-generation AMD GPU infrastructure at Alignmen...

Volato Group Names Chris Ensey Chief Executive Officer Following Completion of Alignment Engine Merger

NORTH CANTON, Ohio--(BUSINESS WIRE)--Volato Group, Inc. (NYSE American: SOAR) (“Volato” or the “Company”) today announced that Chris Ensey was appointed Chief Executive Officer, effective September 11, 2026, immediately following the closing of the Company’s merger with Alignment Engine Inc. (“Alignment Engine”). In connection with the merger, Alignment Engine was valued at approximately $500 million and the merger marks the Company’s entry into AI infrastructure, combining Alignment Engine’s p...

Volato (NYSE American: SOAR) Completes Alignment Engine Merger, Entering AI Data Center Market Projected at $810.6 Billion by 2033

ATLANTA--(BUSINESS WIRE)--Volato Group, Inc. (NYSE American: SOAR) (“Volato” or the “Company”) today announced the completion of its previously announced merger with Alignment Engine Inc. (“Alignment Engine”), expanding Volato’s business into artificial intelligence infrastructure while continuing to operate and grow its existing aviation software and AI business lines. With the merger complete, Volato enters the AI infrastructure market with its initial Ohio data center site under lease, power...
Back to Newsroom