Charter & Fractional
Volato Divests GC Aviation in Strategic Shift
GC Aviation, Part 135 certificate sold in $2 million transaction
Several Volato HondaJets parked on an airport ramp
© Volato

Volato has completed the sale of GC Aviation, including its FAA Part 135 air carrier certificate, for $2 million in cash, the company announced this week. The divestiture marks a shift in Volato’s business model, reducing its direct flight operations in favor of a platform-based approach, meaning charter brokering.

Volato described the decision as part of a long-term strategy to exit capital-intensive flight service operations and instead work with third-party operators. The firm’s proprietary platforms support fractional ownership, charter, aircraft leasing, and other private aviation services.