---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-24-032340"
form_type: "8-K"
ticker: "SOAR"
cik: "0001853070"
company_name: "Volato Group, Inc."
filed_at: "2024-07-19T23:59:59+00:00"
generated_at: "2026-05-31T19:11:21.696848+00:00"
event_type: "leadership"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Volato president resigns; Q2 KPIs show improved contribution and yield

## Summary
- President Keith Rabin resigns for personal reasons effective July 19; CEO Matthew Liotta assumes president role.
- Q2 total flight hours 3,052 (+4.5% YoY); empty percentage improved to 36.1% from 39.6%.
- Blended yield $5,330/hr (+5.7% YoY); new Contribution KPI of $734/hr (up from $318 YoY).
- Non-owner demand mix record 56% (up from 55% YoY); floating fleet reduced to 25 aircraft.
- Light jet market share steady at 2.5%; Net Promoter Score 86 vs. 89 a year ago.

## SEC filing metadata
- accession: 0001628280-24-032340
- form_type: 8-K
- ticker: SOAR
- cik: 0001853070
- company_name: Volato Group, Inc.
- filed_at: 2024-07-19T23:59:59+00:00
- event_type: leadership
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1853070/000162828024032340/0001628280-24-032340-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1853070/000162828024032340/soar-20240719.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-24-032340
- JSON: https://secwatch.observer/filing/0001628280-24-032340.json
- Plain text: https://secwatch.observer/filing/0001628280-24-032340.txt

## Key facts
- Executive change
  Keith Rabin resigned as President at Volato Group, Inc..
  - Action: resigned
  - Role: President
  source text: On July 19, 2024, Keith Rabin, President of the Company, notified the Company of his intent to resign as president effective July 19, 2024 for personal reasons.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1853070/000162828024032340/0001628280-24-032340-index.htm
- Executive change
  Matthew Liotta changed role as President at Volato Group, Inc..
  - Action: assumed responsibilities
  - Role: President
  source text: Matthew Liotta, the Company’s Chief Executive Officer, has assumed the responsibilities of the Company’s president, effective July 19, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1853070/000162828024032340/0001628280-24-032340-index.htm

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