Tag: Spac

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

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

FlyExclusive Q1 revenues up 3.8% despite red ink

FlyExclusive revenues grew to $79.9 million despite losses on a net and adjusted basis.

August 12, 2024

Blade cuts Q2 2024 losses on strength of medical business

Passenger Adjusted EBITDA moved into the black in Q2 2024 for Blade with the company forecasting continued Adjusted EBITDA profits.

August 12, 2024

Volato sets Q2 earnings date

HondaJet and Gulfstream fractional and jet card operator Volato will announced its latest financials on Aug. 14.

August 8, 2024

Wheels Up sets Q2 earnings release

Delta Air Lines-backed Wheels Up will announce its second quarter 2024 financial results on Aug. 8th.

July 18, 2024

FlyExclusive makes senior finance appointments

Matt Lesmeister becomes Chief Financial Officer and Zach Nichols was promoted to Chief Accounting Officer at FlyExclusive.

June 25, 2024

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