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+4.57%
Close of 9 Nov 2026, in USD
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About Volato Group
From its filings with the US Securities and Exchange Commission
Volato Group is based in North Canton, Ohio and is incorporated in Delaware. Its shares trade on NYSE under the ticker SOAR. The SEC classifies its business as air transportation, nonscheduled. In the fiscal year to 31 December 2025, it reported revenue of $78.6m and net income of $5.2m. At that date it held total assets of $12.0m and shareholders' equity of −$1.8m.
Volato is an aviation technology company that connects travelers to private, on-demand flight access and develops proprietary software platforms for enterprise and operational applications. Historically, we generated revenue through our aircraft ownership program, a focused commercial strategy that included deposit products, charter flights, and aircraft management services. Our aviation experience led to the development of proprietary software products and applications, including “Mission Control,” “Vaunt,” and “Parslee.” Mission Control is an internal operations platform that supports the management of fractional ownership, charter, and related aviation services. Vaunt is an experiential private aviation platform that connects travelers to private, empty leg flights and is our primary revenue-generating business. During the fiscal year ended December 31, 2024, we began to generate revenue through the Vaunt platform. Additionally, Vaunt has surpassed 190,000 app downloads and completed 1,145 flights in 2025, reinforcing its role as a key growth driver for Volato. Parslee is an enterprise AI platform that deploys autonomous agents within Microsoft 365 environments to automate workflows, synthesize information across systems, and execute multi-step business processes; the platform includes optional deterministic document processing capabilities for applications requiring enhanced reliability and auditability, such as contract analysis and regulatory filings. During the third quarter of 2025, Parslee entered its first paying pilot programs with external customers.
Quoted from its 10-K, filed 12 Mar 2026. Read the filing on SEC.gov ↗
Company facts
- Sector
- N/A
- Industry
- N/A
- Listed since
- 1 Dec 2021
- Website
- proof-paci.com ↗
- Head office
- 8050 FREEDOM AVE. NW,, NORTH CANTON, OH, 44720
- Incorporated in
- DE
- Classification
- Air Transportation, Nonscheduled
- Filer status
- <br>Emerging growth company
Leadership
Pay as last reported
- Mr. Matthew LiottaChairman of the Board, President, since 2025$540,837
- Maj. Gen. (Retd.) Alberto RosendeChief Executive Officer
- Mr. Mark HeinenChief Financial Officer$388,593
- Mr. Michael PracharChief Operating Officer$285,556
- Mr. Luis GarciaExecutive Vice President - Sales
- Mr. Nicholas CooperDirector, since 2024$218,239
- Mr. Christopher BurgerIndependent Director$24,038
- Mr. Michael NicholsIndependent Director$28,349
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 0
- Environment
- 0
- Social
- 0
- Governance
- 0
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Volato Group Inc operates a fleet of HondaJet HA-420 aircraft optimized for four-passenger missions.
- G C Aviation, Inc. d/b/a Volato is its exclusive Part 135 operator providing flight services and maintenance support.
- Volato's Mission Control software offers API-first management for its business operations.
Weaknesses
- PROOF Acquisition Corp.I is a blank check company formed for a merger or business combination.
- The company's IPO occurred on 1 December 2021 with no prior operating history.
- Volato's fractional programs require owners to share revenue with the company.
Opportunities
- Volato's cloud-based Mission Control software can expand to other aviation management services.
- The HondaJet HA-420 market segment offers growth potential for very light jets.
- Volato's Part 135 charter flights can attract new clients through vendor air carriers.
Threats
- PROOF Acquisition Corp.I's blank check structure poses uncertainty for investors.
- The company's reliance on HondaJet HA-420 aircraft limits fleet diversity.
- Volato's fractional ownership model may face competition from other jet card programs.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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