Summary
- Volato introduces the first fractional ownership program for Gulfstream G280 in the US.
- The Gulfstream G280 addresses the need for larger aircraft for longer journeys and bigger groups.
- Volato schedules a multi-city tour to showcase the unique capabilities of the G280 jet.
On Tuesday, July 30, Volato announced the first fractional ownership program to be implemented on the legendary Gulfstream G280. Volato is the largest operator of the very-light jet, the HondaJet, but will look to expand its offerings with the new Gulfstream G280, which is considered a super-midsize business jet. With this new program, Volato will be the first provider to offer fractional ownership of the Gulfstream G280 in the United States. Volato was the fastest-growing private jet charter company in the world last year, as it grew 137% in flight hours year-over-year. The Atlanta, Georgia-based charter company will look to continue expanding with this new business jet.
Related
The 5 Fastest Growing Private Jet Operators By Flight Hours
The list ranks the top fastest-growing private jet operators in the US, which includes their subsidiaries.
New fractional ownership program
Volato already offers its HondaJet fleet in an existing fractional ownership program, but it will soon add the legendary Gulfstream G280. The Chief Executive Officer of Volato, Matt Liotta, spoke about the new offering. Liotta stated,
“Our customers’ travel needs are diverse, and while the majority of private aviation missions are efficiently served by the HondaJet, there is significant demand for larger aircraft for longer journeys and bigger groups. The G280 addresses these needs, ensuring we continue to provide the right aircraft for every mission. This addition reinforces our commitment to offering tailored solutions that enhance flexibility and convenience for our customers.”
Volato offers a unique fractional ownership program. Owners are awarded unlimited flying hours and no blackout days that prevent them from flying. Volato also guarantees a minimum revenue share of 650 hours per year. This is guaranteed for both the HondaJet and the Gulfstream G280.
About Volato’s new super-midsize business jet
Volato is expecting to take delivery of two Gulfstream G280s by the end of this year. It expects to receive its first super-midsize business jet in August. To help begin marketing this unique jet, Volato is embarking on a multi-city tour that will allow potential buyers to experience the private jet in person. Over the next month, Volato will bring the Gulfstream G280 to the following cities:
- Atlanta, Georgia, on Friday, August 9th
- Chicago, Illinois, on Saturday, August 10th
- Los Angeles, California, on Sunday, August 11th
- Dallas, Texas, on Monday, August 12th
- Miami, Florida, on Tuesday, August 13th
- New York City, New York, on Wednesday, August 14th
- Houston, Texas, on Thursday, August 15th
The Gulfstream G280 is the smallest aircraft Gulfstream produces. Although Israel Aerospace Industries (IAI) actually produces it, Gulfstream owns the type certificate and completes the aircraft at its facility in Dallas, Texas. The G280 can fit a maximum of ten passengers, depending on the configuration. It also has a normal cruise speed of nearly 460 knots (530 miles per hour) and a range of 3,500 nautical miles (4,143 miles), which is extremely competitive in the super-midsize jet category. This allows the aircraft to fly anywhere in the continental United States.