Third OneFlight International lawsuit describes $745,000 in losses

The Florida-based Jinnahs joined the OneFlight membership in January, made two more purchases, leaving them with credits for 326 flight hours.

Posted in: News by Doug Gollan, 2 hours ago

After paying nearly three-quarters of a million dollars to OneFlight International this year, Kamran and Sharri Jinnah are now the third known plaintiffs to sue OneFlight International, Inc., since Private Jet Card Comparisons reported that the jet card broker was pausing operations.

Including bonus flight credits, the Jinnahs currently have 326.5 available flight hours.

The Florida-based Jinnahs paid $745,000 to Englewood, Colorado-based OneFlight for prepaid flight deposits and related membership charges.

A $300,000 transfer occurred on January 20, 2026.

On February 23, 2026, they paid an additional $150,000.

A $295,000 transfer followed on June 25, 2026.

The Jinrahs have three “fully paid” flight itineraries booked for next month.

The lawsuit also names OneFlight CEO Ferren Rajput (pictured above).

“This (June 25) deposit was solicited and accepted at a time when OFI and Rajput knew or recklessly disregarded that OFI was in severe financial distress, teetering on the brink of insolvency, and utterly incapable of honoring its commitments to members,” the filing says.

An internal email obtained by Private Jet Card Comparisons from May 2026 shows the company relied on new customer deposits to pay for flights it had already flown.

The email to Rajput reads:

OneFlight Cash Flow

The same report found that it had long used merchant cash advances, largely based on jet card sales meant to fund future flights.

It also showed that OneFlight sales were largely from existing customers increasing their balances.

A lawsuit by Jeremy Ricks alleged “the hallmark of a Ponzi scheme.”

READ: Caveat Emptor: Avoiding private jet scams, bankruptcies, and shutdowns

‘Knowingly false’

The filing points to the private jet company’s use of high-profile celebrity ambassadors and television personalities, including Shark Tank’s Robert Herjavec and Kevin O’Leary, and secured prominent sponsorships with McLaren Racing’s Formula 1 team, the OneFlight PGA Myrtle Beach Classic, and TGL.

The marketing was designed to create a “false image of financial strength and corporate prestige to deceive customers into entrusting OFI with enormous sums of money.”

Marketing materials “emphasized the company’s ARGUS Certified Charter Broker and Wyvern Wingman Broker designations, representing to prospective and existing members that OFI met the highest industry standards for safety, operational integrity, and—critically—fiscal responsibility,” the filing said.

The lawsuit alleged OneFlight “coupled these marketing materials with direct, express representations of financial strength that were knowingly false.”

That includes references to extensive coverage in Private Jet Card Comparisons.

That includes the first publicly reported coverage of financial issues at the jet card broker.

The lawsuit notes:

‘OFI also desperately sought financial infusions in the form of extreme discounts. One Labor Day special sought $250,000 in cash deposits in exchange for double the amount of flight credits and 10 additional hours in a large-cabin jet. When customers questioned whether these deals showed desperation and were cause for worry, Rajput directly addressed these statements, claiming that they were merely part of a long-term customer-building strategy—“The promotions are loss leaders, but those loss leaders drive a lot of business. The phones ring, we create more business. The point is you sell 10 cheap cards, and you get those customers for the next four or five years.’

An analysis of sales logs obtained by Private Jet Card Comparisons showed virtually all transactions in two four-week periods were at discounts well beyond sustainable rates.

As of September 2026, the Jinnahs maintained an unused prepaid account balance of $815,834.57, including the flight credits.

It’s unclear how many flights they took.

However, the lawsuit says they had 326.5 flight hours remaining.

That infers the flight hours were priced at $2,498.72 per hour.

As of June, the most recent analysis of the Private Jet Card Comparisons database showed light jet programs averaging $8,456 per hour.

READ: Deal or No Deal: Should you buy more jet card hours?

OneFlight employees

The company missed its payroll on Monday, according to Denver Business Journal.

It reported medical coverage will end on September 30.

Dental and vision coverage ended September 16.

The business website said OneFlight “was still determining how 401(k) retirement plans will be affected.”

VP of Human Resources Ruby Dalton, Rajput’s sister, told employees they would not be able to apply for COBRA health benefits “because OneFlight is discontinuing the group’s health plan entirely,” be DBJ.

DOWNLOAD: JINNAH_et_al_v_Oneflight_International_Inc

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