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Vaunt Projects 85% Sequential Growth in Subscription Sale as Demand Surges
VolatoVolato(US:SOAR) GlobeNewswire News Roomยท2025-06-17 12:00

Core Insights - Vaunt, operated by Volato Group, Inc., projects Q2 2025 subscription sales between $700,000 and $800,000, significantly up from $389,000 in Q1 2025, indicating a potential doubling of sales and a strong growth trajectory since late 2024 [1][2] - The increase in subscription sales reflects a maturing business model with growing demand for Vaunt's unique private flight experiences, as noted by Tim Graves, VP of Marketing & Operations [2] - Vaunt's growth is supported by an expanding operator network, a broader inventory of light and midsize jets, and innovative features such as the "Complete the Trip" booking tool and Cabin Plus membership tier [3] Business Model and Performance - Vaunt's business model benefits both operators and members, allowing operators to gain incremental revenue by filling empty legs without disrupting core operations, while members access spontaneous flights at lower costs compared to traditional charters [6] - The company has generated over $1.5 million in annualized recurring revenue, achieved over 100,000 downloads, and completed nearly 600 flights in 2024, showcasing its operational success [3] Company Overview - Vaunt is redefining private aviation by offering discounted access to empty-leg flights, catering to adventure-seeking travelers and frequent flyers [4] - Volato Group, the parent company, is advancing the private aviation industry through proprietary software and strategic aircraft monetization, emphasizing scalable, tech-driven solutions [5]