Brief: Volato Reports Positive Net Income In Q1 2025 And Over $20 Million In Debt Reduction Targets Additional Settlements And Capital Raise To Extend Operating Runway
15/05/2025 21:42
May 15 (Reuters) - Volato Group Inc SOAR.A: VOLATO REPORTS POSITIVE NET INCOME IN Q1 2025 AND OVER $20 MILLION IN DEBT REDUCTION; TARGETS ADDITIONAL SETTLEMENTS AND CAPITAL RAISE TO EXTEND OPERATING RUNWAY VOLATO GROUP - EXPECTS PROFITABILITY IN Q2 AND Q4 2025, WITH Q3 PROJECTED TO BE NEGATIVE BASED ON AIRCRAFT DELIVERY TIMING Source text: ID:nBw2bx2Xda Further company coverage: SOAR.A ((Reuters.Briefs@thomsonreuters.com;))
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