Category Archives: JetSuite

JetSuite files for Chapter 11 bankruptcy reorganization

Superior Air Charter dba JetSuite Air (JetSuite) has voluntarily filed for relief under chapter 11 of the Bankruptcy Code in the U.S. Bankruptcy Court for the District of Delaware on April 28, 2020.

Chief Restructuring Officer Ted Gavin, CTP of Gavin/Solmonese LLC said “JetSuite has always done its best to honor its commitments to customers throughout its exemplary history, and JetSuite leadership has spent and will continue to spend enormous time and effort pursuing strategic and financial alternatives to restart operations.

Unfortunately, the global circumstances brought on by the Covid-19 pandemic have caused JetSuite’s revenues to drop to near zero, and the carnage across the economy and in the aviation industry in particular is well reported and has no clear end in sight, so we have made the regrettable but necessary decision to file for chapter 11 bankruptcy protection.”

JetSuite has safely operated over 111,000 flights since 2009. It will seek bankruptcy protection to reorganize, preserve and maximize the value of its assets, and potentially resume operations.

Note: On April 15, 2020, the company announced it was grounding the entire JetSuite fleet due to decreased demand because of the COVID-19 Coronavirus pandemic.

Previously on April 5, 2016 JetSuite announced a new subsidiary called JetSuiteX, since then renamed JSX.

JSX began by offering scheduled flights as a Part 135 on-demand charter operator with DOT Commuter Authority between Concord Buchanan Field Airport (CA), Bob Hope (Burbank) Airport (CA), Norman Y. Mineta San Jose International Airport (CA) , Las Vegas McCarran International Airport (NV), Bozeman Yellowstone International Airport (MT) and starting October 17, 2016, McClellan–Palomar Airport.

JSX aircraft photo gallery: