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

Zetta Jet

New and veteran private jet flyers have discovered that if it seems too good to be true, it may well be. Here are some of the sad stories we’ve covered in the past five years

Summerset Maugham once wrote about the French Riveria it is “a sunny place for shady people.” While private aviation has a lot of great people, and I enjoy covering the industry, I have to admit I was surprised that, looking back over the past five years, there have been over a dozen private jet scams, bankruptcies, and shutdowns. To me, that seems like too many.

AccorJets’ website no longer working after Accor, Directional say there is no affiliation

wood court still life judge

After a Private Jet Card Comparisons’ report that AccorJets was not connected to either Accor Hotels or Flexjet owner Directional Aviation despite claims in a press release, its website and marketing material, the AccorJets.com website appears to be offline

It’s unsure of the objective for the owner of the AccorJets website. It was promoting a financial scheme to buy shares in private jets that would produce immediate returns. Ostensibly, it was offering charter flights on its claimed fleet of private jets. It said it was owned by the Accor group of hotels and part of Directional Aviation, owner of Flexjet and Sentient Jet. It liberally used images of Flexjet aircraft in its marketing materials.

Accor Hotels, Directional Aviation not connected to AccorJets’ website

light man people woman

Despite claiming to be owned by Accor Hotels and Directional Aviation, AccorJets is not associated with either company

AccorJets promises investors quarterly dividends from charter revenues

The website for AccorJets claims to have a fleet of Bombardier Global 7500s, Gulfstream G650s and G500s, and Citation Latitudes. Three more aircraft will be delivered this year, it says. It claims to be “part of the Directional Aviation portfolio.” It lists as board members executives of the Accor Hotels Group, including chairman and CEO, Sébastien Bazin. Accor includes brands like Raffles and Fairmont and is one of the world’s largest hospitality companies.

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