Tag: Spac

Volato says it resolved compliance issues with NYSE

NYSE issued a warning letter to Volato for failure to comply with two different rules but it is now back in compliance.

December 25, 2024

Former fractional, jet card provider Volato sees Bitcoin future

Volato announced 'patent-pending technology...repurposing underutilized aircraft resources for cryptocurrency mining'.

December 5, 2024

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

Jet AI says it regained compliance with NASDAQ rules

Jet AI says it has regained compliance with NASDAQ's minimum stockholders' equity requirement.

November 20, 2024

FlyExclusive says Volato added 600k to bottom line in first month

FlyExclusive expects Adjusted EBITDA profits by early 2025 as it sells off loss-making jets and picks up incremental revenue from Volato.

November 15, 2024

Surf Air secures $50 million in financing

The $50 million in a new senior secured term loan from Comvest will help Surf Air address 'near-term liquidity constraints'.

November 14, 2024

Jet AI sees revenues increase, net loss dip

Fractional and jet card Jet AI Q3 revenues increased to $3.9 million as net loss fell from $4.3 million to $2.9 million.

November 14, 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

FlyExclusive to be Volato aircraft management services provider

HondaJet fractional and jet card operator Volato is in merger discussions with FlyExclusive as part of the pending flight agreement.

August 31, 2024

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