Volato Acquires Gulf Coast Aviation
March 22, 2022
Volato, a private aviation operator focused on HondaJet fractional ownership and charter services, has acquired Gulf Coast Aviation (GCA), an aircraft management and charter operator based at Atlantic Aviation at William P. Hobby Airport in Houston, Texas. The founders of GCA, Steve and Debbie Holmes, are retiring and Volato will retain all GCA employees as it expands its operational footprint and charter/fractional capabilities in the Houston market; terms were not disclosed.
- Buyers
- Volato
- Targets
- Gulf Coast Aviation
- Sellers
- Steve Holmes, Debbie Holmes
- Industry
- Transportation
- Location
- Texas, United States
- Transaction Type
- Buyout
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