Exhibit 21.1

SUBSIDIARIES OF THE COMPANY
 
Subsidiary 
 
State of
Incorporation 
 
 
 
Volato, Inc. 
 
Georgia
Gulf Coast Aviation, Inc.*
 
Texas
G C Aviation, Inc. d/b/a Volato*
 
Texas
*Wholly-owned subsidiaries of Volato, Inc., which is a wholly-owned subsidiary of Volato Group, Inc.