ATLANTA--(BUSINESS WIRE)--Feb 20, 2025--
Volato Group, Inc. (the “Company” or “Volato”) (NYSE American: SOAR) announced today that Vaunt, its fast-growing private aviation platform, has reached a major milestone, reporting $1.5 million in annual recurring revenue (ARR) within its first year, a 50% increase since mid-2024. Additionally, Vaunt has surpassed 100,000 app downloads and completed 598 flights in 2024, reinforcing its role as a key growth driver for Volato.
“These numbers don’t just reflect growth—they show that Vaunt is delivering something people want: the thrill of spontaneous, unforgettable travel,” said Tim Graves, VP of Marketing & Operations at Vaunt. “Vaunt isn’t about planning a trip. It’s about seeing an opportunity, grabbing it, and turning it into a memory that sticks with you.”
Vaunt: The Ultimate Nostalgia Maker
Vaunt isn’t about getting from point A to point B. It’s about what happens when you get there. It’s about that moment when you open the app, spot a flight that excites you, and see that you’re first on the waitlist. Suddenly, you’re on your way—not just to a new destination, but to a story you’ll be telling for years.
Maybe it’s the jet itself. Maybe it’s a city you’ve never visited. Or a familiar place experienced in a way you never have before. Maybe it’s about the friends you bring along. Whatever it is, Vaunt isn’t just a way to fly - it’s a platform for creating moments you’ll always remember.
Expanding the Possibilities
Vaunt continues to grow, integrating flyExclusive flights into its platform in late 2024, adding Citation Excel/XLS aircraft, and expanding the range of experiences available to members. Each of these additions opens up new opportunities for members to seize the unexpected and make it their own.
A Business with Momentum
With double-digit ARR growth, increasing membership engagement, and an expanding flight network, Vaunt is proving its ability to scale and generate strong, recurring revenue. Investors can take confidence in its clear growth trajectory, increasing brand recognition, and strategic positioning within the Volato ecosystem.
For more information about Vaunt, please visit www.flyvaunt.com.
About Vaunt
Vaunt, a subsidiary of Volato Group, Inc. (NYSE American: SOAR), is an experiential private aviation platform that turns spontaneous travel opportunities into unforgettable moments. More than just a way to fly, Vaunt is a nostalgia maker, giving members access to last-minute, one-of-a-kind travel experiences that aren’t just about the destination, but the story they create along the way.
About Volato
Volato is a private aviation company advancing the industry with innovative solutions in aviation software and on-demand flight access. Volato’s proprietary Mission Control software drives efficiency across operations and supports operators in managing fractional ownership, charter, and other services. Volato’s Vaunt platform connects travelers with available private flights, offering a flexible option for on-demand travel. With a commitment to advanced technology and customer-focused solutions, Volato is building scalable tools to elevate service quality and operational effectiveness in private aviation.
For more information about Volato, please visit www.flyvolato.com.
View source version on businesswire.com:https://www.businesswire.com/news/home/20250220893073/en/
CONTACT: For Media:
[email protected] Investors:
KEYWORD: UNITED STATES NORTH AMERICA GEORGIA
INDUSTRY KEYWORD: OTHER TRANSPORT APPS/APPLICATIONS TECHNOLOGY AIR ENGINEERING TRANSPORT AEROSPACE MANUFACTURING SOFTWARE
SOURCE: Volato Group, Inc.
Copyright Business Wire 2025.
PUB: 02/20/2025 02:07 PM/DISC: 02/20/2025 02:07 PM
http://www.businesswire.com/news/home/20250220893073/en
