Delux Public Charter Archives

Biggest Part 135 private jet charter companies for 2020 ranked

February 4, 2021February 9, 2021by Doug Gollan21 Comments

Argus TRAQPak’s list of the largest U.S. private jet charter operators highlights the active mergers and acquisitions market

Argus TRAQPak’s list of the 25 largest U.S. Part 135 private jet operators ranked by flight hours highlights the industry’s frenetic merger and acquisition activity. Ten of the private jet charter operators were involved in transactions. Part 135 includes on-demand and jet card flights

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Major private jet operators apply for Payroll Support Program Extension Payments

January 25, 2021January 25, 2021by Doug Gollan

The Consolidated Appropriations Act, 2021, authorizes the Treasury Department to provide up to $16 billion of payroll support to aviation providers. So far over 500 have applied

The U.S. Treasury Department has revealed the list of aviation providers who have applied for the $16 billion allocated for industry workers’ payroll support.

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After bankruptcy, JetSuite receives $6.5 million in CARES Act payroll support

October 28, 2020October 28, 2020by Doug Gollan

JetSuite customers lost $50 million in unused jet card flight credits. Now the company has received $6.5 million from the Treasury Department under the CARES Act

JetSuite emerged from its Chapter 11 bankruptcy reorganization in September. Now the Part 135 private jet operator, which laid off all but a handful of its employees when it suspended flights in April, has received $6.5 million in CARES Act funds.

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JetSuite refutes customers who allege a Ponzi scheme

August 31, 2020September 1, 2020by Doug Gollan

A pair of JetSuite SuiteKey jet card members contend wrongful conduct and breach of fiduciary duties

“JetSuite will fly again,” says its chief restructuring officer, debating the Trustee’s allegation that the private jet operator’s bankruptcy is a liquidation and not a restructuring

Just when it looked like JetSuite’s Chapter 11 bankruptcy filing was about to move quickly through the courts, it may have hit a pair of speed bumps.

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Biggest Part 135 private jet charter companies for 2020 ranked

Argus TRAQPak’s list of the largest U.S. private jet charter operators highlights the active mergers and acquisitions market

Like this:

Major private jet operators apply for Payroll Support Program Extension Payments

The Consolidated Appropriations Act, 2021, authorizes the Treasury Department to provide up to $16 billion of payroll support to aviation providers. So far over 500 have applied

Like this:

After bankruptcy, JetSuite receives $6.5 million in CARES Act payroll support

JetSuite customers lost $50 million in unused jet card flight credits. Now the company has received $6.5 million from the Treasury Department under the CARES Act

Like this:

JetSuite refutes customers who allege a Ponzi scheme

A pair of JetSuite SuiteKey jet card members contend wrongful conduct and breach of fiduciary duties

“JetSuite will fly again,” says its chief restructuring officer, debating the Trustee’s allegation that the private jet operator’s bankruptcy is a liquidation and not a restructuring

Like this:

Argus TRAQPak’s list of the largest U.S. private jet charter operators highlights the active mergers and acquisitions market

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Like this:

The Consolidated Appropriations Act, 2021, authorizes the Treasury Department to provide up to $16 billion of payroll support to aviation providers. So far over 500 have applied

Share this:

Like this:

JetSuite customers lost $50 million in unused jet card flight credits. Now the company has received $6.5 million from the Treasury Department under the CARES Act

Share this:

Like this:

A pair of JetSuite SuiteKey jet card members contend wrongful conduct and breach of fiduciary duties

“JetSuite will fly again,” says its chief restructuring officer, debating the Trustee’s allegation that the private jet operator’s bankruptcy is a liquidation and not a restructuring

Share this:

Like this: