Banyan Leases Hangar for 3-year MRO Base

Volato Inc has entered into a strategic agreement with Banyan Air Service in an effort to expand HondaJet maintenance at Volato’s primary operational base.

Banyan subleased a hangar to Volato at the Northeast Florida Regional Airport in St. Augustine, Florida, which will serve as a full-scale service suite for the firm's HondaJet fleet. The initial sublease is set to sunset in 3 years. The move is a departure from the norm for Banyan, as the firm highlights its "first venture outside of Fort Lauderdale". The new facility also reinforces the Honda aircraft network in Florida. and marks the establishment of an additional authorized HondaJet service facility in the state of Florida.

"We are thrilled to partner with Banyan, increasing maintenance capacity for our expanding HondaJet fleet in the Southeast right in our own backyard," said Matt Liotta, Co-Founder and CEO of Volato. "This initiative streamlines Volato’s operations and will support our fleet expansion, delivering both operational efficiency and cost savings compared to our previous in-house maintenance.”

"Expanding into St. Augustine represents a major milestone for Banyan, marking our first venture beyond Fort Lauderdale," said Don Campion, President of Banyan. "We look forward to increasing regional accessibility by creating an additional authorized HondaJet maintenance center for operators throughout the region."

FMI: www.flyvolato.com