Press Release

Issued by Volato.

August 15, 2022

Volato, the Atlanta, Georgia headquartered fractional HondaJet operator, has announced that it has completed the integration of its acquisition of Houston, Texas based Gulf Coast Aviation (GCA), and the launch of its aircraft management division: Volato Aircraft Management Services (Volato AMS).

The management programme will allow private aircraft owners to partner with Volato to manage their aircraft through a bespoke agreement covering all aspects of ownership including crew, payroll, maintenance, hangars and reservations. Volato can also charter owners' aircraft through GCA's Part 135 charter operations to generate revenue and offset costs. Volato will launch Volato AMS with a focus on HondaJets and select large cabin aircraft including modern Gulfstreams and King Airs; the prior focus of the GCA managed fleet operations.

Through Volato's experience and that of GCA, which will now operate under the Volato brand, aircraft owners can have confidence in the team's more than 25 years of aircraft management experience. 

“Completing the GCA integration and launching our Aircraft Management Services division is an important milestone for Volato as we continue to execute our business plan to the benefit of our fractional owners and customers,” stated Tom Chapman, Volato's executive vice president of business development, “We are immensely proud that all GCA employees were retained through the transition.” 

Volato is uniquely positioned to be the industry-leader in HondaJet aircraft management by having one of the largest and most modern fleets of HondaJets in the world, as well as robust pilot training, safety and maintenance programmes. With IS-BAO Stage II and ARGUS Platinum safety ratings, and an accident-free history, Volato operates with the highest safety standards of any Hondajet operator. Volato will manage HondaJets from any location in the United States.

Benefits of being a member in the Volato AMS programme include access to Volato's concierge team to manage personal travel, access to a range of aircraft for different missions including the HondaJet fleet, financial savings enabled through economies of scale, and streamlined and timely reporting.

“In the four months since closing on the acquisition we have increased our fleet by 40%. Our new owners have been attracted by the Volato model and our team's deep expertise and commitment to safety. We look forward to continuing to grow our fleet under the Volato brand,” stated Clinton Holmes president of Volato AMS and former president of Gulf Coast Aviation.