Volato completes sale of GC Aviation for $2M in cash

Volato (SOAR) announced the completed sale of GC Aviation for $2M in cash. The transaction included the transfer of GC Aviation’s FAA Part 135 air carrier certificate, under which Volato had conducted its managed aircraft operations. The sale reflects Volato’s ongoing strategy to sharpen its focus on scalable, technology-enhanced solutions while offloading direct operational responsibility for flight services to third-party operators. Proceeds from the transaction will be directed toward growth initiatives within Mission Control, Vaunt, and the Company’s expanding aircraft trading and leasing platforms.