Start-up HondaJet fractional program Volato has hiked first-year pilot-in-command pay to $150,000 while hinting at future growth
CEO Matti Liotta wrote on his LinkedIn page, “Although Volato is the leading HondaJet company and already has industry-leading pilot compensation, we’re paying attention to what’s going on in the market and are determined to maintain our edge. We’re also proud of our pilots’ contribution to our growth, so we want to reward them for their efforts while continuing to attract the best of the best.”
In his pilot pitch, Liotta says the new compensation for a HondaJet Captain is $150,000 in year one, going to $170,000 in the second year.
There’s a $10,000 signing bonus for pre-typed HondaJet PICs.
Perhaps shadowing future plans, there are stock option grants at the private company.
Pilots also get 100% coverage for health, dental, vision, life insurance, and short-term disability, plus company matching 401k.
Scheduling is eight days on, six days off.
In another tease for future expansion, Volato promises “career advancement from Cirrus through HondaJets to large cabin aircraft in our managed fleet.”
The founder also wrote, “Recently, we recrafted our vision, mission, and purpose to reflect the Volato we’ve built over the last year. Our purpose is to help our people live their best lives – from our passengers to our pilots. Taking these steps demonstrates we’re not just paying lip service to our purpose but genuinely delivering.”
A Volato Captain, John Wells, responded to the post by adding, “Love it here!! I agree with others.”