STOCK TITAN

Volato Group, Inc. - $soar STOCK NEWS

Welcome to our dedicated page for Volato Group news (Ticker: $soar), a resource for investors and traders seeking the latest updates and insights on Volato Group stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Volato Group's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Volato Group's position in the market.

Rhea-AI Summary

Volato Group, Inc. (NYSE American: SOAR) will attend the Sidoti Micro Cap Virtual Conference with CEO Matt Liotta and CFO Mark Heinen presenting on May 8 - 9, 2024. They will discuss Volato's private aviation services and HondaJet operations. Investors can schedule one-on-one meetings and access the webcast through Volato's Investor Relations website.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.79%
Tags
conferences
-
Rhea-AI Summary
Vaunt, a platform for connecting travelers to private flights, achieved its first cash-positive month in March, reaching $500,000 in annual recurring revenue. Launched in Q4 2023, Vaunt has 25,000+ registered users and addresses the issue of empty-leg flights in the private aviation industry. The success is attributed to consumer enthusiasm and rapid growth, showcasing the potential of technology to make private aviation more accessible. Vaunt's subscription model charges $995 annually, offering unlimited empty-leg flights for users.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.13%
Tags
none
-
Rhea-AI Summary
Volato Group, Inc. (NYSE American: SOAR) reported key performance indicators (KPIs) for Q1 2024, showing growth in flight hours, optimized demand mix, and strong blended yield despite winter weather. The company aims to enhance customer experience and operational efficiency.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.25%
Tags
conferences earnings
Rhea-AI Summary
Volato Group, Inc. (NYSE American: SOAR) achieves an outstanding Net Promoter Score (NPS) of 88 for 2023, showcasing a strong commitment to customer satisfaction and continuous improvement. The high NPS score reflects Volato's dedication to delivering exceptional customer experiences, transparency, and the importance of customer feedback in refining business operations. Volato's partnership with SmartSky to enhance inflight connectivity and the launch of a mobile app based on customer feedback demonstrate the company's proactive approach to meeting customer needs and expectations.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.86%
Tags
none
-
Rhea-AI Summary
Volato Group, Inc. (SOAR) reports fourth quarter and full-year financial results for 2023, showcasing increased revenue and fleet expansion. Despite a net loss and adjusted EBITDA loss, the company highlights growth in aircraft usage revenue and operational achievements.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.55%
Tags
conferences earnings
-
Rhea-AI Summary
Volato Group, Inc. (SOAR) will report Q4 and full year results on March 26, 2024. The largest HondaJet operator in the US will discuss financial performance in a conference call. Interested parties can access the call via phone or webcast.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.56%
Tags
Rhea-AI Summary
Volato Group, Inc. (NYSE American: SOAR) launches a customer-designed mobile app to enhance customer experiences in private aviation. The app offers personalized travel experiences, streamlined booking, access to exclusive discounts, and real-time financial transaction tracking.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.68%
Tags
none
-
Rhea-AI Summary
Volato Group, Inc. (NYSE American: SOAR) announces participation in upcoming conferences with CEO Matt Liotta at J.P. Morgan Industrials Conference and Roth Conference. Live webcast available for Roth conference.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.91%
Tags
conferences
-
Rhea-AI Summary
Volato Group, Inc. (NYSE American: SOAR) announced that CEO Matt Liotta and CFO Mark Heinen will attend the Stifel 2024 Transportation & Logistics Conference. They will be available for one-on-one meetings and Mr. Liotta will participate in the Private Aviation Panel moderated by Stifel analyst Bert Subin on February 14, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.88%
Tags
conferences
Rhea-AI Summary
Volato Group, Inc. disclosed Key Performance Indicators (KPIs) showing improvements in customer mix and growth in yield per flight hour. The Company's strategic shift in demand mix is expected to achieve lower empty leg rates and improved margins. The addition of new planes to the fleet in 2024 is projected to contribute to revenue and market share growth, supporting the path to profitability.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-7.28%
Tags
none
Volato Group, Inc.

NYSE:SOAR

SOAR Rankings

SOAR Stock Data

53.54M
13.96M
47.11%
10.64%
0.23%
Scheduled Passenger Air Transportation
Transportation and Warehousing
Link
United States of America
CHAMBLEE

About SOAR

proof acquisition corp i is a blank check company incorporated as a delaware corporation for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses, which we refer to throughout our prospectus as our initial business combination. as of the date of our initial public offering (“ipo”), our efforts have been limited to organizational activities as well as activities related to the ipo. we have not selected any business combination target and as of the date of our ipo, we have not, nor has anyone on our behalf initiated any substantive discussions, directly or indirectly, with any business combination target. we have generated no operating revenues to date and we do not expect that we will generate operating revenues until we consummate our initial business combination. our objective is to identify and merge with a business that has the potential to achieve sustainable growth