-- Expands Fractional Offering to Super Mid-Size Category with the Gulfstream G280

-- Volato’s First G280 Will be Available for Viewing in an August Multi-City Tour

ATLANTA, July 30, 2024--(BUSINESS WIRE)--Volato Group, Inc. (NYSE American: SOAR) ("Volato"), a leading private aviation company and the largest HondaJet operator in the United States, today announced the launch of its Fractional G280 Ownership Program, expanding its fractional offering to the super-midsize category and becoming the only provider in the U.S. to offer fractional ownership of the G280.

The Gulfstream G280 is designed to complement Volato’s existing fleet by offering a spacious cabin that comfortably seats up to 10 guests and boasts an extended range of up to 3,600 nautical miles. This allows for nonstop coast-to-coast and transatlantic flights, providing access to more destinations with certifications for steep approaches and high-altitude landings.

"Our customers’ travel needs are diverse, and while the majority of private aviation missions are efficiently served by the HondaJet, there is significant demand for larger aircraft for longer journeys and bigger groups," said Matt Liotta, CEO of Volato. "The G280 addresses these needs, ensuring we continue to provide the right aircraft for every mission. This addition reinforces our commitment to offering tailored solutions that enhance flexibility and convenience for our customers."

Volato anticipates taking delivery of two Gulfstream G280s this year, with its first aircraft scheduled to arrive in August. The first jet will embark on a multi-city viewing tour offering potential buyers a firsthand look and the opportunity to secure a fractional interest in the G280.

*Inaugural Volato G280 Static Tour Cities:

• Friday, August 9^th: Atlanta, GA, 3-7 PM

• Saturday, August 10^th: Chicago, IL, 3-7 PM

• Sunday, August 11^th: Los Angeles, CA, 2-5 PM

• Monday, August 12^th: Dallas, TX, 4-7 PM

• Tuesday, August 13^th: Miami, FL, 3-7 PM

• Wednesday, August 14^th: New York, NY, 3-7 PM

• Thursday, August 15^th: Houston, TX, 3-7 PM

*Exact event times may be subject to change.

Unmatched Ownership Benefits

Volato fractional owners enjoy unparalleled benefits, including unlimited flying hours, no blackout days, and a guaranteed minimum revenue share of 650 hours per year for both the HondaJet and the G280. This ensures maximum value and flexibility for Volato customers.

For more information about Volato’s fractional ownership program or to schedule a viewing of the G280, visit: FlyVolato.com

About Volato:

Volato (NYSE American: SOAR) is a leader in private aviation, redefining air travel through modern, efficient, and customer-designed solutions. Volato provides a fresh approach to fractional ownership, aircraft management, jet card, deposit and charter programs, all powered by advanced, proprietary mission control technology. Volato's fractional programs uniquely offer flexible hours and a revenue share for owners across the world’s largest fleet of HondaJets, which are optimized for missions of up to four passengers. For more information visit www.flyvolato.com.