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Volato Sells GC Aviation for $2 Million to Focus on Platform Growth

Volato Sells GC Aviation for $2 Million to Refocus on Platform Growth
ATLANTA, GA, June 30, 2025 — Volato Group, Inc. (NYSE American: SOAR), a technology-driven private aviation company, has completed the sale of its subsidiary GC Aviation, Inc. for $2 million in cash. The transaction, which includes the transfer of GC Aviation’s FAA Part 135 air carrier certificate, represents a strategic realignment as Volato intensifies its focus on scalable technology solutions and aircraft trading initiatives.
Strategic Shift Towards Technology and Trading
This divestiture forms part of Volato’s broader strategy to streamline operations and concentrate resources on high-growth areas. The company plans to channel the proceeds from the sale into its proprietary Mission Control software, the Vaunt experiential travel platform, and the expansion of its aircraft trading and leasing services. These core initiatives are viewed by Volato as offering the greatest potential for growth and enhanced returns.
Matt Liotta, Co-Founder and CEO of Volato, emphasized the rationale behind the move, stating, “Divesting GC Aviation was a deliberate move to concentrate on the areas of our business with the highest growth potential and strongest returns. It allows us to deploy capital more effectively, strengthen our balance sheet, and accelerate platform-driven opportunities that expand value for our customers and shareholders.”
Navigating a Competitive Business Aviation Market
Volato’s renewed focus emerges amid intensifying competition within the business aviation sector. The company faces significant challenges in maintaining its competitive edge, particularly as established rivals such as AirSprint dominate the Canadian market and NetJets maintain a stronghold in the United States. In response, Volato has pursued strategic partnerships, including the recent integration of Leviate Air Group’s aircraft into its platform, aiming to enhance its service offerings and broaden its market reach.
Market response to Volato’s strategic pivot has been largely positive. The company projects an 85% increase in second-quarter subscription sales for its Vaunt platform compared to the first quarter, indicating robust demand for its technology-driven solutions. Industry analysts anticipate that competitors may intensify marketing efforts and expand their fleets to defend their market positions.
Volato’s core businesses are designed to support a more capital-efficient operating model. The Mission Control software improves operational efficiency for fractional ownership and charter services, while the Vaunt platform connects travelers with available private flights, providing flexible on-demand travel options. These initiatives reflect Volato’s commitment to developing a next-generation aviation ecosystem centered on advanced technology and customer-focused solutions.
For further information, visit www.flyvolato.com.

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