Tag: IPO

Surf Air closes on $27 million direct offering

Funds from the direct offering will be used by Surf Air to pay down debts and for general corporate purposes.

June 26, 2025

FlyExclusive posts quarterly gains, record revenue despite losses

2024 revenue at FlyExclusive grew 3.8% to $327 million with a $52 million EBITDA loss as execs pointed to a laundry list of positive news.

March 25, 2025

Vista Global's Flohr to CNBC: 'We don't need to raise capital'

Vista Global Chairman Thomas Flohr told CNBC the parent of VistaJet and XO is now cash flow positive and he intends to remain majority owner.

February 26, 2025

Bloomberg: VistaJet, XO parent Vista Global could IPO

VistaJet and XO parent Vista Global wants to IPO in the next three years following an anticipated sale of convertible preference shares.

February 24, 2025

NASDAQ says Jet AI back in full compliance

Jet AI is back in full compliance with Nasdaq stock market rules after facing possible delisting.

November 27, 2024

Volato warns 'risk' to Insider jet card members

'[W]e cannot guarantee the ability to refund all or any portion of your balance,' Volato is telling Insider clients.

September 19, 2024

Volato expands on next steps after FlyExclusive deal

Volato confirmed plans to continue taking delivery of HondaJets and Gulfstream G280s it has on order following last week's deal with FlyExclusive.

September 4, 2024

Two senior Wheels Up executives depart

CFO Todd Smith, who served as Interim CEO last year, and Laura Heltebran, the last pre-IPO senior exec are departing Wheels Up.

August 21, 2024

Beneath H1 losses, FlyExclusive says it turned the corner

FlyExclusive CEO Jim Segrave says the company has cut costs, replaced money-losing aircraft, and put new financial procedures in place.

August 15, 2024

Volato Q2 revenues, losses increase on delayed deliveries, IPO costs

After going public via SPAC merger in December Volato is pointing to aircraft delivery delays and IPO costs hitting its bottom line.

August 14, 2024

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