Vaunt Deepens Member Loyalty with Exclusive Event in Dallas Amid Rapid Platform Growth
Held in one of Dallas's most prestigious venues, the event will convene Vaunt's most engaged members with company leadership and flight operators integral to the platform's nationwide expansion. Direct member input gathered during the evening will inform upcoming feature development, platform strategy, and market rollout priorities.
'This is not a marketing exercise—it's customer validation at scale,' said Tim Graves, VP of Marketing & Operations at Vaunt. 'We're investing in direct relationships with our most active users because that's where future margin lives. This is how you build durable retention, category leadership, and brand power in a fragmented market.'
Vaunt is one of the fastest-growing segments in the Volato ecosystem, surpassing $1.5 million in ARR in its first year, completing nearly 600 flights in 2024, and doubling its aircraft network in Q1 2025 through expanded partnerships with JetVia and flyExclusive. These milestones underscore a platform designed not just for engagement—but for defensibility.
The Dallas event is the first in a series of high-touch activations across key geographic markets, reinforcing Vaunt's customer-first strategy and giving investors clear visibility into how loyalty, feedback loops, and network effects underpin strong unit economics.
About Vaunt
Vaunt, a subsidiary of Volato Group, Inc., is an experiential private aviation platform that turns spontaneous travel opportunities into unforgettable moments. More than just a way to fly, Vaunt is a nostalgia maker, giving members access to last-minute, one-of-a-kind travel experiences that aren't just about the destination, but the story they create along the way. For more information about Vaunt, please visit www.flyvaunt.com.
About Volato
Volato is a private aviation company advancing the industry with innovative solutions in aviation software and on-demand flight access. Volato's proprietary Mission Control software drives efficiency across operations and supports operators in managing fractional ownership, charter, and other services. Volato's Vaunt platform connects travelers with available private flights, offering a flexible option for on-demand travel. With a commitment to advanced technology and customer-focused solutions, Volato is building scalable tools to elevate service quality and operational effectiveness in private aviation. For more information about Volato, please visit www.flyvolato.com.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
15 minutes ago
- Yahoo
AM Best Affirms Credit Ratings of Arab Reinsurance Company SAL
LONDON, August 19, 2025--(BUSINESS WIRE)--AM Best has affirmed the Financial Strength Rating of B (Fair) and the Long-Term Issuer Credit Rating of "bb" (Fair) of Arab Reinsurance Company SAL (Arab Re) (Lebanon). The outlook of these Credit Ratings (ratings) is stable. The ratings reflect Arab Re's balance sheet strength, which AM Best assesses as strong, as well as its adequate operating performance, limited business profile and marginal enterprise risk management. Arab Re's balance sheet strength is underpinned by its risk-adjusted capitalisation, as measured by Best's Capital Adequacy Ratio (BCAR), which was at the strongest level at year-end 2024. Arab Re's balance sheet strength is supported by its low underwriting leverage and continued growth of its offshore asset portfolio, which has improved the company's liquidity position and risk-adjusted capitalisation. Offsetting rating factors include the very high economic, political and financial system risks in Lebanon, where Arab Re is domiciled and holds just under 40% of its invested assets. Nevertheless, the company has increased its holdings of good quality foreign investments successfully in recent years, which has made its balance sheet more resilient to asset-side stress tests, including the full impairment of Lebanon-based assets. Arab Re has recorded profitable operating results in all of the past five years (2020-2024) and generated a robust return-on-equity ratio of 4.7% in 2024. The company has reported positive annual underwriting results since 2021, which reflect portfolio remediation actions taken by Arab Re's management, including exiting under-performing risks and the revision of underwriting guidelines. Investment income is expected to remain a strong contributor toward overall earnings, resulting from the company's relatively low underwriting leverage and the favourable global interest rate environment. Arab Re has a niche position in its core markets in the Middle East and North Africa region, built upon its original role as a reinsurer for Arab insurance markets and long-standing relationships with cedants. Despite the company's geographic reach, its growth potential is limited, as reinsurance markets in the region remain highly competitive. This press release relates to Credit Ratings that have been published on AM Best's website. For all rating information relating to the release and pertinent disclosures, including details of the office responsible for issuing each of the individual ratings referenced in this release, please see AM Best's Recent Rating Activity web page. For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best's Credit Ratings. For information on the proper use of Best's Credit Ratings, Best's Performance Assessments, Best's Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best's Ratings & Assessments. AM Best is a global credit rating agency, news publisher and data analytics provider specialising in the insurance industry. Headquartered in the United States, the company does business in over 100 countries with regional offices in London, Amsterdam, Dubai, Hong Kong, Singapore and Mexico City. For more information, visit Copyright © 2025 by A.M. Best Rating Services, Inc. and/or its affiliates. ALL RIGHTS RESERVED. View source version on Contacts Dale Kirby Senior Financial Analyst +44 20 7397 0276 Ben Diaz-Clegg Associate Director, Analytics +44 20 7397 0293 Christopher Sharkey Associate Director, Public Relations +1 908 882 2310 Al Slavin Senior Public Relations Specialist +1 908 882 2318 Sign in to access your portfolio
Business Wire
16 minutes ago
- Business Wire
AM Best Affirms Credit Ratings of Arab Reinsurance Company SAL
LONDON--(BUSINESS WIRE)-- AM Best has affirmed the Financial Strength Rating of B (Fair) and the Long-Term Issuer Credit Rating of 'bb' (Fair) of Arab Reinsurance Company SAL (Arab Re) (Lebanon). The outlook of these Credit Ratings (ratings) is stable. The ratings reflect Arab Re's balance sheet strength, which AM Best assesses as strong, as well as its adequate operating performance, limited business profile and marginal enterprise risk management. Arab Re's balance sheet strength is underpinned by its risk-adjusted capitalisation, as measured by Best's Capital Adequacy Ratio (BCAR), which was at the strongest level at year-end 2024. Arab Re's balance sheet strength is supported by its low underwriting leverage and continued growth of its offshore asset portfolio, which has improved the company's liquidity position and risk-adjusted capitalisation. Offsetting rating factors include the very high economic, political and financial system risks in Lebanon, where Arab Re is domiciled and holds just under 40% of its invested assets. Nevertheless, the company has increased its holdings of good quality foreign investments successfully in recent years, which has made its balance sheet more resilient to asset-side stress tests, including the full impairment of Lebanon-based assets. Arab Re has recorded profitable operating results in all of the past five years (2020-2024) and generated a robust return-on-equity ratio of 4.7% in 2024. The company has reported positive annual underwriting results since 2021, which reflect portfolio remediation actions taken by Arab Re's management, including exiting under-performing risks and the revision of underwriting guidelines. Investment income is expected to remain a strong contributor toward overall earnings, resulting from the company's relatively low underwriting leverage and the favourable global interest rate environment. Arab Re has a niche position in its core markets in the Middle East and North Africa region, built upon its original role as a reinsurer for Arab insurance markets and long-standing relationships with cedants. Despite the company's geographic reach, its growth potential is limited, as reinsurance markets in the region remain highly competitive. This press release relates to Credit Ratings that have been published on AM Best's website. For all rating information relating to the release and pertinent disclosures, including details of the office responsible for issuing each of the individual ratings referenced in this release, please see AM Best's Recent Rating Activity web page. For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best's Credit Ratings. For information on the proper use of Best's Credit Ratings, Best's Performance Assessments, Best's Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best's Ratings & Assessments.
Yahoo
20 minutes ago
- Yahoo
FIS Launches Optimized Reconciliation Service to Help Capital Markets Adapt to Evolving Complexity
Key Facts FIS has launched its Optimized Reconciliation Service designed to help bring harmony to the back-office operations of capital markets firms. The service includes a fully managed solution that can automate the end-to-end data reconciliation process for banks, corporations and financial institutions operating in the capital markets. JACKSONVILLE, Fla., August 19, 2025--(BUSINESS WIRE)--FIS® (NYSE: FIS), a global leader in financial technology, today announces the launch of its innovative Optimized Reconciliation Service, a fully managed solution designed to automate the end-to-end reconciliation process for banks, corporations, and financial institutions. Reconciliation is a crucial quality assurance element of functioning capital markets, where data from a firm's internal systems is compared with external sources like banks and brokers to ensure consistent recordkeeping amongst counterparties. Using automation technology, FIS' Optimized Reconciliation Service aims to unlock efficiency and reduce errors in this process, ultimately helping organizations bring harmony to processes used to manage their money at work. "Timely, accurate data – and the insights capital markets participants can extract from it – are essential to modern capital markets firms' success," said Matt Stauffer, head of Back Office Solutions at FIS. "However, many firms are still struggling to manage the exponential growth of data volume and complexity at a time when evolving regulatory requirements are further complicating manual reconciliation processes. With the launch of this solution, we're helping clients evolve beyond laborious, error-prone systems by providing an efficient solution designed to allow them to run on accurate, fast and trusted reporting data." Elevating a Crucial Service FIS' latest research initiative, which surveyed 1,000+ C-suite executives and business leaders, found that the average business loses $98.5 million annually on operational inefficiencies, illustrating the importance of airtight data, recordkeeping and reporting workflows in today's digitized economies. The solution seeks to achieve at least 98% automated matching rates backed by financial service level agreements (SLAs) and aims to significantly cut down the average time spent on discrepancy resolution. Optimized Reconciliation Service is also positioned to be adaptable, illustrating FIS' ability to modernize clients' operations while also driving greater efficiency to address challenges before they impact performance. As the latest example of FIS innovation, the Optimized Reconciliation Service is the fifth capital markets solution FIS has launched within the last 12 months to help bring greater harmony to the world's money lifecycle. For more information about the FIS Optimized Reconciliation Service, visit About FIS FIS is a financial technology company providing solutions to financial institutions, businesses, and developers. We unlock financial technology to the world across the money lifecycle underpinning the world's financial system. Our people are dedicated to advancing the way the world pays, banks and invests, by helping our clients to confidently run, grow, and protect their businesses. Our expertise comes from decades of experience helping financial institutions and businesses of all sizes adapt to meet the needs of their customers by harnessing where reliability meets innovation in financial technology. Headquartered in Jacksonville, Florida, FIS is a member of the Fortune 500® and the Standard & Poor's 500® Index. To learn more, visit Follow FIS on LinkedIn, Facebook and X. View source version on Contacts Kim Snider, 904.438.6278Senior Vice PresidentFIS Global Marketing and Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
