Summary by Futu AI
On April 18, 2024, Volato Group, Inc., a leading private aviation company and the largest HondaJet operator in the United States, released its preliminary key performance indicators (KPIs) for the first quarter of 2024. The announcement was made through a press release which is now part of the company's Current Report on Form 8-K filed with the SEC. The report highlights an increase in total flight hours to 2,926, a decrease in empty percentage to 35.1%, and a stable blended yield of $5,313. The company also reported a light jet market share of 2.5% and a Net Promoter Score of 82. Volato's CFO, Mark Heinen, emphasized the company's focus on growing flight hours, optimizing demand mix, and maintaining high customer satisfaction. The report also includes forward-looking statements and a cautionary note regarding such statements. Volato Group, Inc. is known for its innovative approach to private aviation, offering fractional ownership and various jet card and charter programs.