---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-24-017684"
form_type: "8-K"
ticker: "SOAR"
cik: "0001853070"
company_name: "Volato Group, Inc."
filed_at: "2024-04-24T23:59:59+00:00"
generated_at: "2026-06-03T09:51:50.337897+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.45
calibrated_materiality_score: 0.45
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001628280-24-017684
- form_type: 8-K
- ticker: SOAR
- cik: 0001853070
- company_name: Volato Group, Inc.
- filed_at: 2024-04-24T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.45
- calibrated_materiality_score: 0.45
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1853070/000162828024017684/0001628280-24-017684-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1853070/000162828024017684/soar-20240418.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-24-017684
- JSON: https://secwatch.observer/filing/0001628280-24-017684.json
- Plain text: https://secwatch.observer/filing/0001628280-24-017684.txt

## Key facts
- Earnings Releases
  Volato Group, Inc. reported preliminary financial results for first quarter 2024.
  - Period: first quarter 2024
  - Result: preliminary results
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1853070/000162828024017684/0001628280-24-017684-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.