Atlanta-based fractional jet company Volato has launched its aircraft management program after merging with Gulf Coast Aviation (GCA), a Houston-based aircraft management company that it purchased in March.
Volato’s executive vice president of business development, Tom Chapman, said closing the acquisition and launching the management division was an “important milestone” for the company’s growth. While many companies try to trim overhead costs by reducing overlapping staff in mergers and acquisitions, Chapman said he was especially pleased that Volato retained all GCA employees in the transition. That will help the startup as it looks to leverage GCA’s 25 years of aircraft management experience.
