---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-24-037777"
form_type: "8-K"
ticker: "SOAR"
cik: "0001853070"
company_name: "Volato Group, Inc."
filed_at: "2024-08-19T23:59:59+00:00"
generated_at: "2026-05-31T08:43:11.138196+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Volato Group to Remove Five Leased Aircraft, Expects $1.2M Quarterly Savings

## Summary
- Removing five leased aircraft from fleet, citing anticipated HondaJet deliveries and demand trends.
- Expected cost savings of approximately $1.2 million per quarter from the lease terminations.
- Failed to renegotiate leases on these aircraft to acceptable terms; termination is part of fleet optimization.
- Still expects delivery of 10-12 new aircraft in 2024: 8-10 HondaJets and two Gulfstream G280s.
- CEO states the decision aligns with long-term strategy for profitability and operational efficiency.

## SEC filing metadata
- accession: 0001628280-24-037777
- form_type: 8-K
- ticker: SOAR
- cik: 0001853070
- company_name: Volato Group, Inc.
- filed_at: 2024-08-19T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1853070/000162828024037777/0001628280-24-037777-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1853070/000162828024037777/soar-20240819.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-24-037777
- JSON: https://secwatch.observer/filing/0001628280-24-037777.json
- Plain text: https://secwatch.observer/filing/0001628280-24-037777.txt

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