Private jet operator Volato announced Thursday its service expansion to include Baltimore and the greater Washington area.
Volato partners with Easton-based Trident Aircraft for ground handling and FBO services. Trident is a full-service general aviation company that provides aircraft management, aircraft charter, aircraft leasing, flight training, aircraft leasing, maintenance and hangar services. .
Volato’s home base is at Peachtree DeKalb Airport in Atlanta, with hubs in St. Augustine and Ft. Lauderdale, Florida and now Baltimore.
The expansion into the Baltimore-Washington area is the most recent of Volato’s milestones since the company launched in September 2021. This addition adds significant value to Volato’s split program owners, as they will not pay fees repositioning to pick up their aircraft at airports within two hours of Trident’s Easton facility or Baltimore’s Martin State Airport.
When the company launched operations in August 2021, it did so with a single four-seat HondaJet Elite aircraft and a fleet order of 10 aircraft. Earlier this month, driven by strong demand, the company announced an order for 15 more HondaJets for its fleet and in December it launched a charter service. Volato’s charter service allows non-owner travelers to book a flight and pay by the hour. Part of the charter fee is donated to the co-owners of Volato: a distinctive and valuable feature of the Volato program.
Volato’s unique business model offers fractional ownership at 1/16, 1/8, 1⁄4, 1⁄2, up to a full HondaJet Elite aircraft in the fleet. The actions are in a five-year program. Owners can fly for as little as $3,200 per hour plus fuel at cost. With the charter program now in effect, owners can earn up to $1,250 per hour, even during flight hours, resulting in a net rate as low as $1,950 per hour plus the fuel at cost price, the flight time being billed to the nearest 1/10th. of one hour. The repositioning fee is reduced or eliminated from the owner’s flight fee based on the departure distance from a Volato base.