Volato Group, a US technology-driven private aviation company, has completed the sale of 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,” says 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 monetisation. These core businesses support a more capital-efficient operating model and reinforce Volato's commitment to building a next-generation aviation ecosystem.