secwatch.observer — SEC 8-K summary
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Issuer:     Volato Group, Inc. (SOAR)
CIK:        0001853070
Form:       8-K
Filed at:   2024-04-24T23:59:59+00:00
Accession:  0001628280-24-017684
Event type: other_material
Sentiment:  neutral
Materiality: 0.45
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1853070/000162828024017684/0001628280-24-017684-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1853070/000162828024017684/soar-20240418.htm
  HTML page:      https://secwatch.observer/filing/0001628280-24-017684

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer