Private jet operators should be able to tap into the estimated in $15 billion in air carrier support
The newest legislation to provide ongoing COVID-19 relief is estimated to have $15 billion for the airlines. According to a spokesperson for the National Business Aviation Association, that should incorporate Part 135 private jet operators and other companies related to business aviation.
(Updated Dec. 22 @ 7:22 am – A full copy of the HR 133 – Consolidated Appropriations Act, 2021, can be downloaded at the end of this story.)
With three Embraer Phenom 100s, JetSuite had told the bankruptcy court it intended to restart operations, and it may just have done that
It looks like JetSuite is getting ready to relaunch operations, if it hasn’t already.
A website with the URL superior.flights, was created on Oct. 16 and used the same syntax as an updated message on the JetSuite.com website. Perhaps coincidentally, JetSuite received $6.5 million in CARES Act payroll support funds on the same date.
Early JetSuite investor Tony Hsieh, the former Zappos CEO, died in Connecticut on Friday after a house fire
Tony Hsieh, who died on Friday from complications after being rescued from a fire in a home he was staying at in Connecticut, is best known for Zappos, the company he sold to Amazon for $1.2 billion. His net worth, according to Forbes, was $840 million. He was also an early investor in JetSuite and served on its board until 2019.
The Payroll Support Program under Division A, Title IV, Subtitle B of the CARES Act provided payroll support to passenger air carriers, cargo air carriers, and certain contractors for the continuation of payment of employee wages, salaries, and benefits. Here’s who got how much
It’s uncertain when there will be more government for the airline industry, and if so, will it extend to the private aviation side?
While the CARES Act payments have been widely credited for helping business jet operators get back on their feet quickly, they also have detractors, including NetJets, the largest private jets operator.
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.
By-the-seat private aviation operator JSX is offering scheduled service within Texas beginning Nov. 20
Former JetSuite SuiteKey customers who opted to received flight credits on JSX will have a new route beginning Nov. 20. New flights between Dallas Love Field and Houston Hobby Airport will operate two times per day in each direction on weekdays and Sundays with one daily flight on Saturday.