The company said, “Volato (SOAR) Group announced it expects to achieve second quarter and full-year profitability in 2025, driven by continued financial execution and momentum across its core platform businesses. In the first quarter, the Company reported $25.5 million in revenue, $500 thousand in net income from continuing operations, and a $23.4 million reduction in total liabilities-including a substantial reduction in senior lender debt. Based on current assumptions, the Company expects Q2 revenue between $24 million and $26 million, and net income of $2 million to $3 million. A key contributor to the Company’s improved financial performance was the strength of its aircraft-trading program, which delivered $25 million in Q1 revenue. The program is part of a broader strategy to monetize high-demand aircraft and, over time, place them with third-party charter operators in capital-efficient structures designed to support recurring income.”
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