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.
Customers say there have been no communications since the private jet operator posted notice Thursday it had grounded its fleet
Private jet charter operator JetSuite and its sibling JSX look to be facing an uncertain future. The latter runs scheduled flights between private terminals using reconfigured regional aircraft.
Both had cut a high profile in the industry, attracting investments from JetBlue and Qatar Airways.
Private jet charter operator JetSuite has grounded its fleet of Embraer Phenom 300s and 100s
Sister JSX is continuing a reduced schedule of flights between private jet terminals
Private jet charter operator JetSuite, which sells Phenom 300 jet cards, is halting operations. The move reflects a steep dive in private travel from the COVID-19 Coronavirus pandemic. Closure of many hotels and resorts has meant aside from second homes and emergencies, there are few places to travel.
The new-member offer reduces hourly rates on its Embraer Phenom 300 fleet to $5,795 during the first six months
JetSuite, which last year added five Embraer Phenom 300s, is now offering new members in seven Southwestern U.S. states significantly reduced hourly rates as low as $5,795, which is up to 15% off normal pricing.
Regular program rates range from $6,375 to $6,776 per hour, excluding 7.5% FET, based on deposit tiers ranging from $100,000 to $500,000.
The Dallas Business Journal’s list measures sales growth over the past three years
After moving to Dallas last year, JetSuite this year was named as one of the 100 Fastest-Growing Private Companies on the 2019 list by The Dallas Business Journal. JetSuite had been based in Orange County, California.
In its 29th year for awards, the newspaper said it worked together with The Caruth Institute for Entrepreneurship at Southern Methodist University’s Cox School of Business to put the list together.
JetSuite is offering jet card and on-demand charter customers exclusive insider experiences during Fashion Week September 4-11
Dallas-based charter operator JetSuite, which offers jet
cards on its fleet of Phenom 300 and 100 private jets, is offering to take its
clients inside the tent with tickets to New York’s Fashion Week.
The offer is specific to its Phenom 300s which operate nationally. It includes entrance to invitation-only parties and top designer runway shows for up to seven guests.
JetSuite is repositioning itself as a premium light jet experience, including guaranteed availability, fixed hourly rates and now helicopter transfers via Blade and integrated, full luxury travel agency services through a partnership with Embark Beyond
Editor’s Note: Updated on September 16, 2019
Entering its second decade, JetSuite’s is repositioning itself to offer a premium light jet experience, including guaranteed availability, fixed hourly rates and now helicopter transfers via Blade and integrated, full luxury travel agency services for its SuiteKey members and on-demand charter customers through a partnership with Embark Beyond.