Volato, the most efficient way to experience a luxury private jet, continues to expand its innovative solutions to include a fractional program with no monthly management fee on its HondaJet fleet.
The no monthly management fee program is tailored for those who fly infrequently and require guaranteed availability when they do, while also desiring the full benefits of aircraft ownership.
Owners will pay the same upfront ownership fee as Volato’s traditional fractional program, however, will incur no monthly management fees for their full five-year term – they simply pay guaranteed rates when they fly.
Consistent with Volato’s traditional fractional program, owners share in the revenue generated from their aircraft and can fly as little or as much as they like.
“We are committed to continue on our path of innovation, offering solutions that are crafted for a diverse range of owners.” Said Norm Katz, Executive Vice President of Sales at Volato.
“Owners in our traditional fractional program enjoy the flexibility of being able to fly as much as they like, and we saw a need to develop a solution to benefit those that fly infrequently.
“This no monthly management fee program makes it more financially efficient for the infrequent flyer to own their share in a private jet with the added benefit of earning revenue every time their aircraft flies a live mission.”
Volato has the most modern fleet of HondaJets in market today. The HondaJet is optimized for 80% of all private flights in the United States, flying four passengers up to 2.5 hours with more leg room than any other jet in its category.
Volato will have a total of over 40 aircraft in its fleet upon delivery of its recently announced HondaJet agreement.
“Our unique HondaJet fractional program brought forward a range of customers that thought fractional ownership was either out of reach or too complicated,” said Nicholas Cooper, Co-Founder and Chief Commercial Officer of Volato.
“This further simplified program aims to bring in new customers who value even greater financial flexibility, guaranteed flight availability and a regular revenue share over their five-year term.”