May 16, 2024
HondaJet fractional and jet card operator Volato is transferring maintenance at its St. Augustine, Florida-base to Banyan Air Service.
Fractional and jet card operator Volato has entered a strategic agreement with Banyan Air Service.
It expands HondaJet maintenance at the flight provider’s primary operational base.
Banyan has subleased Volato’s hangar at the Northeast Florida Regional Airport in St. Augustine, Florida.
The deal will provide full-scale maintenance services for Volato’s fleet of HondaJets, which is the largest in the world,
It is Banyan’s first venture outside of Fort Lauderdale and establishes an additional authorized HondaJet service facility in Florida.
The integration of services launched Jan. 2.
The initial sublease term is set for three years.
Banyan has absorbed Volato’s existing maintenance staff.
It plans to hire up to eight additional maintenance roles in 2024.
“We are thrilled to partner with Banyan, increasing maintenance capacity for our expanding HondaJet fleet in the Southeast right in our own backyard,” said Matt Liotta, Co-Founder and CEO of Volato.
He added, “This initiative streamlines Volato’s operations and will support our fleet expansion, delivering both operational efficiency and cost savings compared to our previous in-house maintenance.”
“Expanding into St. Augustine represents a major milestone for Banyan, marking our first venture beyond Fort Lauderdale,” said Don Campion, President of Banyan.
