Start-up fractional provider Volato is diving into aircraft management with a focus on HondaJet, Gulfstream, and King Air aircraft
Fractional operator Volato is expanding into whole aircraft management.
The start-up has completed the integration of Houston-based Gulf Coast Aviation. It now serves as the platform to launch Volato Aircraft Management Services or Volato AMS.
The management program will enable it to manage aircraft for private owners through bespoke agreements covering crew, payroll, maintenance, hangars, and reservations.
Owners can earn charter revenue through GCA’s Part 135 charter operations.
“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,” said Tom Chapman, Executive Vice President of Business Development.
He added, “We are immensely proud that all GCA employees were retained through the transition.”
The provider brings to aircraft owners IS-BAO Stage 2 and ARGUS Platinum safety ratings.
According to the announcement, it plans to manage HondaJets from any location in the United States.
“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, our team’s deep expertise, and our commitment to safety,” added Clinton Holmes, President of Volato AMS and former President of Gulf Coast Aviation.
Volato has also said it plans to launch a jet card product in addition to its fractional ownership options.