A minority partner in the maintenance business of Fly Alliance filed a lawsuit after the company demanded a capital call.
A minority partner in Fly Alliance Maintenance has filed a lawsuit in Delaware after the company issued a capital call to partners earlier this year.
Fly Alliance Maintenance is one of several companies that operate under the Fly Alliance banner.
It ranks as the 14th-largest U.S. private jet operator based on charter and fractional hours.
The lawsuit stemmed from a capital call issued on May 12, 2026, according to the filing.
The payment deadline was June 30, 2026.
Defendant Christopher W. Colbath was expected to contribute a pro-rata share of $3.4 million.
That would have equated to $281,079, according to the filing.
The lawsuit was filed on June 15, 2026, in Delaware.
The capital call came despite the company “simultaneously withholding books, records, financial statements, tax information, and supporting materials necessary for plaintiff to evaluate whether the capital call was legitimate, necessary, proportionate, and asserted in good faith.”
The filing continues, “Plaintiff does not seek to prevent Fly Alliance Maintenance from raising capital if additional capital is legitimately required,” adding, “Rather, plaintiff seeks equitable relief preventing Defendants from forcing him to choose between contributing substantial funds or suffering permanent dilution of his ownership rights while denying him access to the information necessary to make an informed decision.”
Colbath’s attorneys told the court that without relief, his client could be declared in default of the operating agreement.
Named are Fly Alliance Maintenance, LLC, Kevin Wargo, Wargo Enterprises, LLC, Christopher Tasca, and Top Gun Aviation MRO, LLC.
Jason P. Herman, the Florida attorney representing Colbath, says, “Since my client became a partner in Fly Alliance Maintenance, he has continually sought standard financial information any company would keep.”
Tasca tells Private Jet Card Comparisons, “We plan on settling with Chris fairly and equitably.”
The lawsuit preceded the sale of Fly Alliance, announced last week.
On July 2, Tasca wrote in an email that he had led a management buyout of Wargo and Fly Alliance.
Wargo, who had served as CEO, left the CEO role to become an advisor.
Tasca, who had been president, took over as CEO.
Tasca and Wargo founded Fly Alliance in 2019.
Separately, filings in Florida show that on April 13, 2026, Wargo set up Sky Travel Solutions Holdings, LLC.
On June 23, 2026, Wargo filed a Domestic Aircraft Operator Profile with the TSA.
It lists Wargo as CEO.
Samantha Nunez, who had been chief strategy officer at Fly Alliance, is listed in the same capacity for the new company.
The company’s related website offers aircraft management, charter, and a jet membership program.
Sky Travel’s membership says it offers “access to Sky Travel’s light jet fleet and Fly Alliance’s medium to ultra-long-range aircraft.”
However, Tasca said that is not the case, and Sky Travel had agreed to remove the reference to Fly Alliance.
Per the latest FAA data, Sky Travel appears to have one Hawker 400XP light jet on its certificate.
Tasca said, “Fly Alliance has over $250 million in revenues, and with our new ownership and structure, we look forward to the future and serving our loyal customers.”
Wargo, reached by phone, declined to comment.
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