Charter & Fractional
Volato Exceeds 2022 Earnings Expectations
Light jet operator Volato achieved more than $100 million in sales in its first full year of operation.
Volato HondaJets on ramp
With its first full year of operations under its belt, light jet operator Volato has exceeded its own earnings expectations. (Photo: Curt Epstein/AIN)

Fractional HondaJet provider Volato achieved more than $103 million in sales in 2022, its first full year of operations, exceeding its goal of $100 million. The company, which launched in 2021, also increased its workforce from 22 to 176 employees.

Atlanta-based Volato operates 17 HondaJets and ordered an additional 25 at the end of last year. In September, it announced it would move up to larger aircraft with an order for four super-midsize Gulfstream G280s, the first of which it expects to receive early next year.