Volato discloses quarterly operational KPIs; flight hours, market share, yield up

Volato Group, Inc.

Q4 2023 total flight hours 3,504, up from 813 in Q1 2022; light jet market share rose to 2.9% from 0.7%.
Net Promoter Score remained high at 88 in Q4 2023, consistent with prior quarters (86-90).
Blended yield improved to $5,348 per hour in Q4 2023 from $4,036 in Q1 2022.
Empty percentage decreased to 37.9% in Q4 2023 from 41.2% in Q1 2023, indicating better fleet efficiency.
Demand mix shifted: owner flights 52% in Q4 2023 vs 91% in Q1 2022; program/ad hoc increased to 48%.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Volato Group, Inc. reported preliminary financial results for each quarter of fiscal year 2022 and fiscal year 2023.

Period: each quarter of fiscal year 2022 and fiscal year 2023
Result: preliminary results

Exact text from the filing

Volato Group, Inc. issued a press release on each of January 4, 2024 and January 22, 2024 disclosing select preliminary key performance indicators for each quarter of fiscal year 2022 and fiscal year 2023.

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12 earnings releases filed in the last 30 days. Browse all earnings releases →

Volato Group, Inc. filing history →

Source: SEC EDGAR

accession 0001140361-24-003002

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