Volato Executive Overview

Year Founded



Atlanta, Georgia


Matt Liotta

Founder and CEO

Keith Rabin


Mark Heinen

Chief Financial Officer

Nicholas Cooper

CRO and Co-Founder

Phil Michaels

Senior Vice President, Sales

Azim Sumar

Chief Pilot

Jet Card Hourly Rates

Hourly rates on the HondaJet start at $5,500 per hour.

Related Products

On-demand charter, jet cards, aircraft management

Related Companies

Gulf Coast Aviation of Houston

Volato was founded in 2021 by serial entrepreneur Matt Liotta as a HondaJet very light jet program.

In September 2022, the company announced a fractional program on the Gulfstream G280 super-midsize jet. Initial deliveries are scheduled for 2024.

Volato decouples fractional ownership from usage. Owners buy a share but can fly as many or as few hours per year as they wish.

Owners also receive a charter rebate based on all hours flown on their tail, including their own flight hours. This means flights are conducted under Part 135 rules, and hence mean a 7.5% Federal Excise Tax.

However, the formula means owners don’t have to worry about using a fixed number of flight hours on an annual basis.

According to Private Jet Card Comparisons exclusive FRACTIONAL AIRCRAFT OWNERSHIP COST CALCULATOR, the result is a low delta for your effective hourly rate if you underfly.

For example, a quarter shareowner who flies 100 hours per year instead of 200 hours effectively pays only $84 per hour more.

With traditional methodology, an owner who under flies annual hours would end up paying over $2,500 more on a per-flight hour basis.

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Volato Fast Facts

When was Volato founded?


Who owns Volato?

Volato is privately held.

How many customers does Volato have?

As of October 2023, Volato had 120 fractional owners and 89 jet card customers.

What are the annual revenues for Volato?

$96 million in 2022.

Who is the CEO of Volato?

Matt Liotta

How does Volato source private jets?

Volato uses aircraft in its fractional fleet of HondaJets.

How much does Volato private jet programs cost?

Volato’s jet card program starts at $50,000.

What type of pricing does Volato offer?

Volato offers capped-hourly rates.

What is Volato's website?

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