Volato Inc. announced a strategic agreement with Banyan Air Service to expand HondaJet maintenance at Volato's primary operational base. As part of the agreement, Banyan has subleased Volato's hangar at the Northeast Florida Regional Airport in St. Augustine, Florida, to provide full-scale maintenance services for Volato's growing fleet of HondaJets.

The move is Banyan's first venture outside of Fort Lauderdale and marks the establishment of an additional authorized HondaJet service facility in the state of Florida. The integration of services commenced on January 2, with the initial sublease term set for three years. Additionally, Banyan has absorbed Volato's existing maintenance staff and plans to hire up to eight additional maintenance roles in 2024.

Volato will continue to participate in HondaJet's maintenance program, now with the benefit of more convenient access to full-service maintenance facilities at its primary flight operations location.