Jet It selects SmartSky for inflight WiFi

Jet It

Fractional share operator Jet It is the largest HondaJet operator in North America

Air-to-ground connectivity provider SmartSky Networks says fractional share private jet operator Jet It is selecting its connectivity service fleetwide.

Volato

HondaJet HA-420

Volato Executive Overview

Year Founded2021
LeadershipMatt Liotta, Founder and CEO
Nicholas Cooper, CRO and co-Founder
Phil Michaels, Chief Strategy Officer
Azim Sumar, Chief Pilot
Tom Chapman, Vice President, Sales
HeadquartersAtlanta, Georgia
Fractional Ownership Aircraft HondaJet, Pilatus PC-24
Related ProductsOn-demand charter
Related CompaniesGulf Coast Aviation Houston

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

In January 2022, the company expanded added fractional shares in the Pilatus PC-24 light jet.

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.

Volato Fleet

Aircraft TypeNumber in Fleet
HondaJet HA-420
Pilatus PC-24

Volato News

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HondaJet fractional operator Volato increases order; adds charter flights

HondaJet

Volato, which along with Jet It and Jet Token sells HondaJet shares, opens its fleet for on-demand charter flights

An in-depth analysis of Volato’s HondaJet pricing and costs and its target of fractional fleet Phenom 300 owners

Start-up fractional share seller Volato has increased its firm order for the popular HondaJet. The announcement, made yesterday, firms up five options from its original order and adds 10 more.

Jet Token is still selling jet cards, for a little while

HondaJet

The start-up HondaJet fractional operator is taking a different and limited approach to selling its now flying fleet of Very Light Jets

Suddenly, there are HondaJet fractional providers everywhere you look, well, at least in three places. Jet It, which popularized the very light jet to the fractional market, now has company. Volato and Jet Token both took flight this year. However, Jet Token is the only one offering a jet card program.

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