Volato Group Inc. (SOAR)
AMEX AMEX Primary Summary
Volato Group launches Parslee AI platform, highlighting benefits ahead of pending M2i Global merger
Volato Group has announced the launch of a new AI-based software platform, Parslee Document Intelligence, which it says complements its pending merger with M2i Global (OTC:MTWO). The company said that Parslee is designed to improve the reliability of large language models (LLMs) when analyzing complex and structured documents such as contracts and SEC filings.
Volato to acquire M2i Global, as minerals firm adds veteran financier to advisory board
Volato Group has signed a definitive agreement to acquire M2i Global (OTC:MTWO), a move that pairs a U.S. private aviation operator with a company focused on building a supply chain for critical minerals.
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Volato Group Inc. Profile
| Passenger Airlines Industry | Industrials Sector | Matthew Dennis Liotta CEO | AMEX Exchange | US74349W3025 ISIN |
| US Country | 12 Employees | - Last Dividend | - Last Split | 21 Jan 2022 IPO Date |
Overview
Volato Group, Inc. operates within the private aviation sector, specializing in offering customized flight solutions tailored for high-net-worth individuals, businesses, and anyone requiring efficient and luxurious air travel. Founded in 2021, the company quickly positioned itself in the market by focusing on personalized services and maintaining an exclusive fleet. With its headquarters in Chamblee, Georgia, Volato Group, Inc. leverages the latest aviation technologies and a customer-centric approach to stand out in the competitive aviation landscape. As of December 31, 2023, the company boasts a dedicated fleet of 24 HondaJets, renowned for their efficiency and performance, alongside a carefully managed fleet of 6 additional aircraft, demonstrating their commitment to providing top-tier travel experiences.
Products and Services
- Fractional Ownership
- Aircraft Management
- Jet Cards
- Deposit Program
- Charter Programs
This program allows individuals or businesses to own a share of a HondaJet, offering the benefits of aircraft ownership without the burdens of solo ownership. It is designed for those who fly less than 150 hours per year, providing a cost-efficient solution to private aviation needs.
Volato offers a comprehensive aircraft management service that relieves aircraft owners of the day-to-day responsibilities associated with owning an aircraft. This includes operational management, maintenance, crew provision, and ensuring regulatory compliance, allowing owners to enjoy their aircraft hassle-free.
For those seeking flexibility without ownership, the jet card program offers prepaid access to Volato’s fleet. With this, clients can fly whenever they want, with guaranteed availability and fixed hourly rates, making budgeting for flight hours straightforward and predictable.
This innovative program is tailored for clients who anticipate frequent travel. Participants can deposit funds with Volato and then draw down against this balance for flights as needed, securing preferential rates and ensuring availability.
Volato’s charter services provide the ultimate in flexibility and convenience, allowing clients to book a private jet for any trip without long-term commitment or upfront investment. This is ideal for those who value privacy, speed, and convenience above all.
Contact Information
