Arbitrator approves $6 million JetSmarter Class Arbitration Settlement; Court date to confirm settlement scheduled

A dozen lawsuits brought by unhappy members have recently been referred to arbitration in separate actions

Ellen Leesfield, the arbitrator overseeing the class action settlement between JetSmarter and its members, approved the agreement on July 11, 2019. The next step will take place on Aug. 22 when a judge in Miami-Dade County will need to decide whether or not to confirm the arbitrator’s decision.

In her ruling, Leesfield, a former judge, overruled several objections writing, “Plaintiffs and the class faced a multitude of serious, substantive defenses, any one of which could have precluded or drastically reduced prospects of recovery.” She also noted JetSmarter has “consistently denied liability and indicated an intention to vigorously pursue its potential defenses.”

JetSmarter

As of June 27, settlement administrators received 1,567 claim forms and 101 requests for exclusion. Previous reports had indicated close to 12,000 current or former members of the jet sharing service could be eligible.

Cash payments are expected to range between $250 and $21,000 with nearly $3 million to be split between the class and a similar amount going to the lawyers who represented the plaintiffs.

Jet Linx joins Wheels Up and XO in private jet seat sharing

The fast-growing private jet management company is giving its aircraft owners as well as jet card customers the option to buy and sell extra seats on their flights

The Jet Linx base model with 18 locations provides a unique advantage giving it critical mass in the markets it serves, says its CEO Jamie Walker  

Last year there were over 40,000 empty seats on flights operated by Jet Linx for the owners of the private jets it manages and the members of its jet card program. Now the fast-growing Omaha-based private aviation provider is enabling both aircraft owners and card customers the ability to sell seats within its customer network.

OpenSeat Exchange private jet seat sharing

OpenSeat Exchange is available on its updated mobile app being launched today.

VistaJet launches a new website

VistaJet

The specialist in mid-and-long-haul private jet flights has made its website more interactive while improving account data for customers

VistaJet has launched a new website designed to be interactive. It includes a number of new functions, including the ability to get an on-demand charter quote on the home page as well as comparison features to various ownership options. The company is also enhancing online tools for customers, including being able to changes flights digitally and download invoices from past flights instantly.

“Our previous website was beautiful and clean, but not conducive to a conversation. It was more of a brochure,” executive vice president, marketing and innovation Matteo Atti tells Private Jet Card Comparisons.

Vista Global closes acquisition of JetSmarter

JetSmarter

The Dubai-based owner of VistaJet and XOJET says it has closed on its acquisition of JetSmarter

Less than two months after announcing plans to buy JetSmarter, a spokesperson for Vista Global confirmed to Private Jet Card Comparisons that the deal has closed.

CNBC reports the FBI and US Attorney have questioned JetSmarter customers

JetSmarter

Two former customers of the private jet-sharing service told the cable news network they were interviewed by law enforcement in March

JetSmarter is hoping to put its troubles behind it. Earlier this month, without admitting guilt, it agreed to settle a class action arbitration for $6 million. It also agreed to be acquired by Dubai-based Vista Global, parent of VistaJet and XOJET. However, a CNBC report yesterday says JetSmarter may be under investigation.