Tag: JetSuite bankruptcy

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Private jet provider financial stability - what you said

Prepaid jet cards and fractional ownership both carry financial risks if your provider fails. Here is how you view provider finances.

November 3, 2024

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Jet It Lessons: What happens when your private jet provider fails?

Jet It joins Avantair as fractional failures, JetSuite's $50 million in jet card losses, and millions of dollars lost by Aerovanti members.

January 19, 2024

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Here's what you need to know about VistaJet before you buy

VistaJet gets plenty of media coverage. Very little of it is about what really matters to private jet flyers.

December 1, 2023

JetSuite bankruptcy payments prove bitter

Payouts are falling short of the promised 3 and 15 cents on the dollar for JetSuite SuiteKey members.

November 6, 2021

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

October 28, 2020

Bankruptcy court approves JetSuite's reorganization plan

September 4, 2020

JetSuite refutes customers who allege a Ponzi scheme

September 1, 2020

JetSuite burned through at least $100 million in cash before filing for Chapter 11

In addition to over $50 million in jet card deposits, grounded private jet charter operator JetSuite received over $57 million from affiliates since 2016.

July 31, 2020

JetSuite's SuiteKey customers unhappy with bankruptcy offer

July 2, 2020

JetSuite SuiteKey members offered 15% of balances in JSX credits

June 26, 2020

Make The Right Decision

Compare Jet Cards by 65+ Variables That Matter

If you want a program-by-program comparison of more than 250 products from more than 50 companies covering 65 points of differentiation and over 40,000 data points, we have organized it all into a single easy-to-use and compare spreadsheet.