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Volato Sells GC Aviation for $2 Million, Strengthening Focus on Scalable Platform Growth

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Volato Group (NYSE American: SOAR) has announced the sale of GC Aviation for $2 million in cash. The transaction includes the transfer of GC Aviation's FAA Part 135 air carrier certificate, which Volato had previously used for its managed aircraft operations.

The strategic divestiture aligns with Volato's focus on developing scalable, technology-enhanced solutions while transferring direct flight operations responsibility to third-party operators. The company plans to utilize the proceeds to support growth initiatives within its Mission Control software, Vaunt experiential travel platform, and aircraft trading and leasing operations.

Volato Group (NYSE American: SOAR) ha annunciato la vendita di GC Aviation per 2 milioni di dollari in contanti. L'operazione comprende il trasferimento del certificato di operatore aereo FAA Part 135 di GC Aviation, che Volato aveva precedentemente utilizzato per le sue operazioni di gestione degli aeromobili.

Questa cessione strategica è in linea con l'obiettivo di Volato di sviluppare soluzioni scalabili e potenziate dalla tecnologia, trasferendo la responsabilità diretta delle operazioni di volo a operatori terzi. La società intende utilizzare i proventi per sostenere iniziative di crescita nel suo software Mission Control, nella piattaforma di viaggi esperienziali Vaunt e nelle attività di trading e leasing di aeromobili.

Volato Group (NYSE American: SOAR) ha anunciado la venta de GC Aviation por 2 millones de dólares en efectivo. La transacción incluye la transferencia del certificado de operador aéreo FAA Parte 135 de GC Aviation, que Volato había utilizado anteriormente para sus operaciones de gestión de aeronaves.

La desinversión estratégica está alineada con el enfoque de Volato en desarrollar soluciones escalables mejoradas con tecnología, mientras transfiere la responsabilidad directa de las operaciones de vuelo a operadores externos. La compañía planea usar los ingresos para apoyar iniciativas de crecimiento en su software Mission Control, la plataforma de viajes experienciales Vaunt y las operaciones de comercio y arrendamiento de aeronaves.

Volato Group (NYSE American: SOAR)는 GC Aviation을 200만 달러 현금에 매각했다고 발표했습니다. 이번 거래에는 Volato가 이전에 관리 항공기 운영에 사용했던 GC Aviation의 FAA Part 135 항공 운송 사업자 증명서의 이전이 포함됩니다.

이 전략적 매각은 기술이 강화된 확장 가능한 솔루션 개발에 집중하는 Volato의 방향과 일치하며, 직접적인 비행 운영 책임을 제3자 운영자에게 이전하는 것입니다. 회사는 이번 매각 대금을 Mission Control 소프트웨어, Vaunt 체험 여행 플랫폼, 항공기 거래 및 임대 사업의 성장 이니셔티브 지원에 활용할 계획입니다.

Volato Group (NYSE American: SOAR) a annoncé la vente de GC Aviation pour 2 millions de dollars en espèces. La transaction comprend le transfert du certificat d'exploitant aérien FAA Partie 135 de GC Aviation, que Volato utilisait auparavant pour ses opérations de gestion d'aéronefs.

Cette cession stratégique s'inscrit dans l'orientation de Volato vers le développement de solutions évolutives améliorées par la technologie, tout en transférant la responsabilité directe des opérations de vol à des opérateurs tiers. La société prévoit d'utiliser les fonds pour soutenir les initiatives de croissance liées à son logiciel Mission Control, à la plateforme de voyages expérientiels Vaunt et aux activités de négoce et de location d'aéronefs.

Volato Group (NYSE American: SOAR) hat den Verkauf von GC Aviation für 2 Millionen US-Dollar in bar bekannt gegeben. Die Transaktion umfasst die Übertragung des FAA Part 135 Luftfahrtbetreiberzertifikats von GC Aviation, das Volato zuvor für seine verwalteten Flugzeugoperationen genutzt hatte.

Die strategische Veräußerung entspricht Volatos Fokus auf die Entwicklung skalierbarer, technologisch verbesserter Lösungen und überträgt die direkte Verantwortung für Flugoperationen an Drittanbieter. Das Unternehmen plant, die Erlöse zur Unterstützung von Wachstumsinitiativen in seiner Mission Control Software, der Vaunt Erlebnisreiseplattform sowie im Flugzeughandel und Leasing einzusetzen.

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  • Reduction in operational control through loss of FAA Part 135 air carrier certificate

Strategic divestiture aligns resources toward high-growth technology and aircraft trading initiatives

ATLANTA, GA, June 30, 2025 (GLOBE NEWSWIRE) -- Volato Group, Inc. (the “Company” or “Volato”) (NYSE American: SOAR), a technology-driven private aviation company, today announced the completed sale of GC Aviation, Inc. (“GC Aviation”) for $2 million 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.

“Divesting GC Aviation was a deliberate move to concentrate on the areas of our business with the highest growth potential and strongest returns,” said Matt Liotta, Co-Founder and CEO of Volato. “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.”

Volato continues to deliver industry-leading solutions through its proprietary Mission Control software, the Vaunt experiential travel platform, and its innovative approach to aircraft monetization. These core businesses support a more capital-efficient operating model and reinforce Volato’s commitment to building a next-generation aviation ecosystem.

About Volato

Volato is a private aviation company advancing the industry with innovative solutions in aviation software and on-demand flight access. Volato’s proprietary Mission Control software drives efficiency across operations and supports operators in managing fractional ownership, charter, and other services. Volato’s Vaunt platform connects travelers with available private flights, offering a flexible option for on-demand travel. With a commitment to advanced technology and customer-focused solutions, Volato is building scalable tools to elevate service quality and operational effectiveness in private aviation.

For more information about Volato, please visit www.flyvolato.com.

For Media:
media@flyvolato.com

For Investors:
investors@flyvolato.com


FAQ

What is the value of Volato's (SOAR) sale of GC Aviation?

Volato sold GC Aviation for $2 million in cash.

Why did Volato (SOAR) sell GC Aviation?

Volato sold GC Aviation to focus on scalable, technology-enhanced solutions and redirect capital toward growth initiatives in Mission Control, Vaunt, and aircraft trading platforms.

What will Volato (SOAR) do with the proceeds from the GC Aviation sale?

The proceeds will be directed toward growth initiatives within Mission Control, Vaunt, and the Company's expanding aircraft trading and leasing platforms.

What was included in Volato's (SOAR) sale of GC Aviation?

The sale included GC Aviation's FAA Part 135 air carrier certificate, under which Volato had conducted its managed aircraft operations.

How does the GC Aviation sale affect Volato's (SOAR) business model?

The sale enables Volato to transition to a more capital-efficient operating model by focusing on technology platforms while transferring flight operations to third-party operators.
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