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US's Volato sells GC Aviation, transfers charter certificate
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US's Volato sells GC Aviation, transfers charter certificate
Volato (TMB, Houston Hobby) has announced the sale of GC Aviation, Inc. for USD2 million, including the transfer of the latter's Part 135 certificate, under which Volato conducted managed aircraft operations. "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 chief executive officer of Volato. According to the statemen…
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