Creatd’s Flyte Introduces Jet Card Membership Program, Featuring Cryptocurrency Payment Option Flyte Jet Card launches as a premium loyalty program offering guaranteed jet access, fixed hourly rates, and no hidden fees across a curated fleet of private aircraft.Program introduces Bitcoin as a payment option, reflecting Flyte’s commitment to financial flexibility and innovation.Launch supports Creatd, Inc.’s broader strategy to expand digital asset infrastructure among its portfolio.New York, July 21, 2025 ...

Flyte Jet Card launches as a premium loyalty program offering guaranteed jet access, fixed hourly rates, and no hidden fees across a curated fleet of private aircraft.Program introduces Bitcoin as a payment option, reflecting Flyte’s commitment to financial flexibility and innovation.Launch supports Creatd, Inc.’s broader strategy to expand digital asset infrastructure among its portfolio. NEW YORK, July 21, 2025 (GLOBE NEWSWIRE) -- Creatd, Inc. (OTC: CRTD) today announced that its aviation subsidiary, Flyt ...

Strategic divestiture aligns resources toward high-growth technology and aircraft trading initiatives ATLANTA, GA, June 30, 2025 (GLOBE NEWSWIRE) -- Volato Group, Inc. (the “Company” or “Volato”) (NYSE American: SOAR), a technology-driven private aviation company, today announced the completed sale of GC Aviation, Inc. (“GC Aviation”) for $2 million in cash. The transaction included the transfer of GC Aviation’s FAA Part 135 air carrier certificate, under which Volato had conducted its managed aircraft oper ...

Leviate joins Vaunt with 13 aircraft, including 6 HondaJets, reinforcing member demand for premium light jets ATLANTA, GA, June 26, 2025 (GLOBE NEWSWIRE) -- Volato Group, Inc. (the “Company” or “Volato”) (NYSE American: SOAR) today announced that Leviate Air Group has joined its Vaunt platform as an approved third-party operator, adding 13 additional aircraft to the network—including 6 HondaJets. The partnership strengthens Vaunt’s core offering in the light jet category and expands access to one of the mos ...

Core Insights - Luxaviation and Haffner Energy are collaborating to enhance the production and promotion of Sustainable Aviation Fuel (SAF) through the initiative SAF Zero [1][2] - SAF Zero aims to create an investment and project development platform to accelerate SAF production by uniting key stakeholders in the aviation sector [2][4] - Luxaviation's potential involvement includes financial support, strategic guidance, and offtake agreements for SAF projects like Paris-Vatry SAF [1][4] Company Overview - Haffner Energy has 32 years of experience in designing and operating clean fuel solutions, focusing on SAF production from various biomass sources and municipal waste [4][9] - Luxaviation operates one of the largest private aircraft fleets globally and is committed to aviation decarbonization through improved fuel efficiency and increased SAF usage [7][10] - Both companies are part of Project SkyPower, an initiative aimed at promoting the development and adoption of SAF [8] Strategic Goals - The collaboration between Luxaviation and Haffner Energy is positioned as a key element in Europe's clean aviation strategy [3][6] - Luxaviation's "Go-to-Zero" Investment Fund, launched in 2023, aims to support SAF production initiatives [7] - Haffner Energy will provide engineering support and critical equipment for SAF Zero projects [5]

Core Insights - Wheels Up Experience Inc. announced key executive leadership appointments to align with its go-to-market growth strategy and evolving customer needs [1][2] - The leadership changes are part of the company's transformation journey, focusing on a customer-centric strategy and enhancing global aviation solutions [2][7] Leadership Changes - Dave Harvey will transition to a senior advisor role until August 2025 to ensure a smooth transition [3] - Mark Briffa, currently CEO of Air Partner, will become Chief Sales Officer, unifying global sales across Membership and Charter offerings [7] - Meaghan Wells has been appointed Chief Growth Officer, overseeing a new commercial strategy group to enhance data-driven decisions [7] - Kristen Lauria will expand her role to include customer experience, integrating brand, communications, and customer engagement [7] Company Overview - Wheels Up is a leading provider of on-demand private aviation in the U.S., with a diverse fleet and a global network of safety-vetted charter operators [4] - The company offers charter and membership programs through a strategic partnership with Delta Air Lines, along with freight, safety, security, and managed services [4]

Subscription sales expected to reach $700K–$800K in Q2 2025, up from $389K in Q1 ATLANTA, GA, June 17, 2025 (GLOBE NEWSWIRE) -- Vaunt, the spontaneous private aviation platform operated by Volato Group, Inc. (NYSE American: SOAR), today announced projected Q2 2025 subscription sales between $700,000 and $800,000—potentially doubling the first quarter and continuing a rapid growth trajectory that began in late 2024. This performance builds on subscription sales of $389,000 in Q1 2025. The continued accelerat ...

Core Points - Wheels Up Experience Inc. has regained compliance with NYSE listing standards for minimum share price, reflecting a positive market-driven stock appreciation [1][2] - The company's current market capitalization is approximately $1 billion, indicating its scale and strength [2] - Wheels Up is focused on achieving sustainable profitability and maintaining a strong balance sheet while delivering high-quality experiences for customers [2] Company Overview - Wheels Up is a leading provider of on-demand private aviation in the U.S., featuring a diverse fleet and a global network of safety-vetted charter operators [3] - The company offers charter and membership programs, along with commercial travel benefits through a partnership with Delta Air Lines [3] - Additional services include freight, safety, security, and managed services for various clients, including individuals and government organizations [3]

Summary of Wheels Up Experience (UP) 2025 Conference Company Overview - **Company**: Wheels Up Experience (UP) - **Industry**: Private Aviation - **Position**: Fourth largest private aviation company, largest on-demand provider of private aviation [3][4] Core Insights and Arguments - **Market Dynamics**: Approximately 70% of private aviation aircraft are wholly owned, with fractional ownership being the dominant model [4] - **Investment and Strategy**: Delta Airlines made a significant investment in Wheels Up in September 2023, aiming to integrate commercial and private aviation offerings [5][6] - **Customer Accessibility**: Wheels Up aims to lower barriers for accessing private aviation, with a focus on customer-centric solutions [7][9] - **Membership Model**: Offers two main options: a membership program with guaranteed availability and a global charter service [9][10] - **International Travel**: The integration with Delta allows for seamless travel options, including hybrid solutions for international destinations [12][14] Operational Improvements - **Customer Base**: Wheels Up has around 10,000 customers, with 5,000 active members and charter customers [21] - **Booking Flexibility**: The booking curve is more flexible compared to commercial airlines, with guaranteed availability 48 hours in advance [25][26] - **Operational Excellence**: Focus on improving operational metrics, achieving a completion rate of approximately 98-99% and on-time performance in the high 80s to 90% [32][34] Fleet Modernization - **Fleet Transition**: Transitioning from a legacy fleet to a modernized fleet, replacing older aircraft with premium models like the Embraer Phenom 300 and Bombardier Challenger 350 [39][40] - **Market Positioning**: The fleet modernization aims to reposition Wheels Up from a value to a premium market offering [42][44] - **Cost Efficiency**: Acquiring mid-cycle aircraft to optimize costs and pass savings to customers [50][51] Financial Performance - **Contribution Margin Improvement**: Expanded contribution margin by 19 percentage points, reduced EBITDA loss significantly [53][71] - **Future Profitability**: The fleet transition is expected to drive significant profitability improvements [72] Customer Experience Focus - **Total Experience**: Emphasis on enhancing all aspects of customer interaction, from booking to in-flight experience [55][56] - **Pilot Sourcing**: Diverse sourcing of pilots from private aviation, general aviation, and retired commercial pilots [57][59] Long-term Vision - **Strategic Partnership with Delta**: Aiming for a seamless integration of services between Wheels Up and Delta, enhancing customer travel options [60][62] - **Market Transformation**: Positioning Wheels Up as a transformative player in private aviation, attracting new customers and shifting market dynamics [70][72] Additional Insights - **Technological Upgrades**: Implementation of satellite Wi-Fi on aircraft to enhance connectivity and productivity for passengers [66] - **Addressable Market**: Significant potential customer base identified within Delta's SkyMiles members, with a focus on corporate clients [22][24] This summary encapsulates the key points discussed during the Wheels Up Experience conference, highlighting the company's strategic direction, operational improvements, and market positioning within the private aviation industry.

Management remains focused on improving profitability and expanding margins by modernizing its fleet, leveraging partnership with Delta and delivering premium solutions for every customer journeyATLANTA, April 25, 2025 /PRNewswire/ -- Wheels Up Experience Inc. (NYSE: UP) ("Wheels Up") today announced that it received a notice from the New York Stock Exchange (the "NYSE") on April 22, 2025 that the average closing price per share of its common stock did not exceed $1.00 over a 30 consecutive trading-day peri ...