Volato restates 2023 financials to classify aircraft fleet as discontinued ops; discloses two breach of contract suits

Volato Group, Inc.

Recasts 2023 10-K to classify aircraft fleet as discontinued ops after Sep 2024 deal with flyExclusive.
Two breach of contract suits filed Nov 2024 related to fleet transition to FLYX; company will vigorously defend.
Under agreement, Volato provides consulting at cost and grants software license to FLYX for monthly fee.

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