Founder and CEO
CRO and Co-Founder
Chief Strategy Officer
Jet Card Hourly Rates
Hourly rates on the HondaJet start at $5,500 per hour.
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 , 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.
Volato is privately held.
As of October 2023, Volato had 120 fractional owners and 89 jet card customers.
$96 million in 2022.
Volato uses aircraft in its fractional fleet of HondaJets.
Volato’s jet card program starts at $50,000.
Volato offers capped-hourly rates.