Caveat Emptor: Avoiding private jet scams, bankruptcies, and shutdowns

Zetta Jet

New and veteran private jet flyers have discovered that if it seems too good to be true, it may well be. Here are some of the sad stories we’ve covered in the past five years

Summerset Maugham once wrote about the French Riveria it is “a sunny place for shady people.” While private aviation has a lot of great people, and I enjoy covering the industry, I have to admit I was surprised that, looking back over the past five years, there have been over a dozen private jet scams, bankruptcies, and shutdowns. To me, that seems like too many.

Lufthansa halts Lufthansa Private Jet service

Lufthansa Private Jet

Lufthansa had been using NetJets to supply lift for Lufthansa Private Jet before ending the service in April

German flag carrier Lufthansa ended its Lufthansa Private Jet service in April, Private Jet Card Comparisons has confirmed.

Bankrupt Wijet boss Azoulay targeted for tax fraud, according to report

Air France private jet Wijet

European very light jet operator stopped its French operations in late 2019. It promised to emerge in 2020 in Luxembourg, which it never did.

Private Aviation Deal Book by Private Jet Card Comparisons

Private Aviation Deal Book

Let’s make a deal. The M&A market for private jet operators is hot. Over 50 deals, fundraise, launches, and bankruptcies detailed

(Updated January 26, 2023) The COVID-19 crisis may be bringing the already simmering mergers and acquisitions market for private jet operators and brokers back to a boil.

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