JetSuite SuiteKey members offered 15% of balances in JSX credits

JSX JetSuiteX

80% of the credits will be good for discounts of 32.5% to 55% on JSX’s scheduled flights

In a filing with the bankruptcy court released earlier this evening, Superior Air Charter, known as JetSuite, revealed its offer to SuiteKey jet card members. The filing shows these customers had $49.5 million of flight credits when the Phenom 300 operator shut down in April.

Bankrupt JetSuite’s sister JSX nets $8.9 million in CARES Act funds

JetSuite bankruptcy

After shutting down and filing for Chapter 11, JetSuite’s jet card customers may lose $50 million in unused flight credits. Sister JSX, which is still flying, just received $8.9 million in COVID-19 relief

OneSky Flight, parent of Flexjet, Sentient Jet, and PrivateFly; Airshare; FlyExclusive, and Tradewind all received CARES Act funding, according to the updated Treasury Department list

View the entire list, including all 202 aviation companies receiving COVID-19 payroll support

This may not sit well with JetSuite’s 1,000 or so SuiteKey customers who have around $50 million in unused flight credits. Delux Public Charter, LLC, a related company that flies under the JSX brand received $8.96 million in CARES Act COVID-19 relief funds.

JetSuite sibling JSX, Air Partner highlight private corporate shuttles as COVID-19 Coronavirus cuts airline service

JetSuite JetSuiteX JSX

Corporate shuttles have long been a staple of business aviation, but now are serving a more critical purpose

Major companies around the world have long chartered aircraft to operate corporate shuttles. The shuttles typically operate on a schedule, many times between company locations where there is a lack of nonstop airline flights.

Types of aircraft used vary from traditional private jets to regional airliners converted into an executive cabin. Some companies have even operated these types of shuttles on transoceanic routes.

JetSuite launches SuiteSpot promo with Phenom 300 $5,795 hourly rate

JetSuite

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.

Follow Me
Tweet
%d bloggers like this: