Here’s a great idea for a flight to nowhere that supports your favorite sports team
Got some extra hours on your jet card that you want to burn? Here’s a novel idea, and it only took 307 miles of flying, so even at slower flight speeds, it will only set you back a few hours of time. Do like the apparent Texas Longhorns’ fans at Cowlin Aviation and fly an outline of your favorite state and the logo of your favorite team.
Private Jet Card Comparisons is the only independent buyer’s guide comparing private jet card membership programs
Are you in the market for a jet card? There are many reasons to buy a jet card for your private aviation travel, including convenience, safety assurances, guaranteed availability, locking in an hourly rate and so on. Due to the popularity of jet card membership, the field of players has increased significantly. Private Jet Card Comparisons tracks 27 companies and over 100 programs.
The London-based private jet charter broker expects sales to grow from $39 million to $60 million this year
Online focused on-demand charter broker Victor announced the signing of a strategic investment agreement with BP Ventures, BP’s investment arm, according to a press release received by Private Jet Card Comparisons. “BP Ventures has committed to invest $10 million as lead investor to Victor’s Series B fundraising round. The round, raising a total of $20 million, has been further bolstered through family offices and existing shareholders,” Victor said in a statement.
The private jet operator says it will continue normal operations
Friday night’s bankruptcy filing by Zetta Jet USA, Inc., first reported by Private Jet Card Comparisons, comes one week after a separate lawsuit filed by the founders Advanced Aircraft Management, Inc., and Anglo American Jet Charter, Inc., the two companies that became Zetta Jet USA, Inc. after their sale to Singapore-based Zetta Jet Pte. Ltd.
There over 58 pages of creditors following the bankruptcy of luxury private jet operator Zetta Jet
On Friday, September 15, 2017, Zetta Jet USA, Inc. filed for Chapter 11 bankruptcy protection. With between $50 million and $100 million in debt, it left a list of creditors 58 pages long. The biggest creditors were Bombardier ($15.1 million) and Rolls Royce Deutschland ($4.1 million). However, FBOs, fuelers, training companies, caterers, banks and many others were owed money. From a consumer perspective, the private jet operator’s bankruptcy may bring into focus the availability of escrow accounts for jet card and prepaid block charter programs. Below is the full list of creditors per Zetta Jet’s filing in the Central District of California Bankruptcy Court.