Volato Q1 2024 flight hours up 39% YoY; empty percentage improves to 35.1%

Volato Group, Inc.

Total flight hours 2,926 (up 39% YoY, down 16.5% QoQ from 3,504).
Empty percentage improved to 35.1% from 37.9% Q4 2023 and 41.2% Q1 2023.
Blended yield $5,313/hr (down from $5,348 Q4 2023; up from $4,927 Q1 2023).
Light jet market share fell to 2.5% from 2.9% Q4 2023; floating fleet grew to 26 jets.

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 0.75

Volato Group, Inc. reported preliminary financial results for first quarter 2024.

Period: first quarter 2024
Result: preliminary results

Exact text from the filing

On April 18, 2024, Volato Group, Inc. (the "Company") issued a press release disclosing select preliminary key performance indicators for the quarter ended March 31, 2024.

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Volato Group, Inc. filing history →

Source: SEC EDGAR

accession 0001628280-24-017684

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