Volato sets first earnings call since IPO

After its December IPO, fractional and jet card flight provider will hold its first earnings call on March 26.

By Doug Gollan, March 21, 2024

After going public last December 2021, fractional and jet card start-up Volato will announce Q4 and full-year 2023 results next Wednesday.

In February, Volato provided an updated investor presentation.

“Management believes with current cash on hand and 2024 forecasted sales, we have sufficient cash to reach profitability.”

It expects nine to 12 new aircraft deliveries this year, compared to just three last year.

Plans call for eight to 10 HondaJet Elite IIs and one or two Gulfstream G280s in the year’s second half.

Earlier this month, it launched its first app.

Among other features, fractional owners can live track their tails.

The earnings call will be March 26, 2024 at 8 am.

Interested parties can listen to the call by dialing (866) 605-1830 for toll-free access or +1(215) 268-9881. The live call will also be available via webcast on Volato’s Investor Relations website: https://ir.flyvolato.com/.

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