Terminated Volato Employees File Class Action Lawsuit

Case alleges the fractional charter jet operator violated U.S. labor law when it laid off 233 employees without providing advanced notice.

Friday, September 13, 2024 at 12:28 PM ET

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The law firm representing the plaintiffs states that Volato’s actions have left the terminated employees without the compensation and benefits they were entitled to, creating financial distress for many. [Courtesy: Volato]

Key Takeaways:

Former Volato employees have filed a class action lawsuit alleging the company violated the WARN Act by laying off 233 workers in late August without providing the mandatory 60-day advance notice.
The layoffs occurred shortly after Volato entered an aircraft management services agreement with competitor flyExclusive and followed a period of poor financial performance.
The lawsuit seeks compensation for unpaid wages, accrued holiday and vacation pay, sick leave, and other benefits lost by the terminated employees due to the lack of proper notification.

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Former Volato (NYSE: SOAR) workers have filed a class action lawsuit against the fractional aircraft operator, alleging it violated the Worker Adjustment and Retraining Notification (WARN) Act when it laid off 233 employees in late August without providing advance notice.

The Chamblee, Georgia-based fractional charter jet operator had widespread employee layoffs after entering into an aircraft management services agreement with competitor flyExclusive (NYSE: FLYX) on September 3.

Caleb Revill

Caleb Revill is a journalist, writer and lifelong learner working as a Junior Writer for Firecrown. When he isn't tackling breaking news, Caleb is on the lookout for fascinating feature stories.