Superior air charter bankruptcy
WebApril 2024. JetSuite’s aircraft operating arm, Superior Air Charter, recently filed for Chapter 11 reorganization in a U.S. Bankruptcy Court in Delaware. That came a week and a half after JetSuite announced it would temporarily cease operations and furlough staff due to the dropoff in charter demand stemming from the COVID-19 pandemic.
Superior air charter bankruptcy
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WebApr 28, 2024 · Date Filed # Docket Text; 12/29/2024: 298: Motion to File Under Seal// Motion of Colin W. Yates and His Counsel to File Under Seal Motion for Relief From the Automatic Stay and Plan and Discharge Injunctions Filed by Colin W. Yates. Hearing scheduled for 1/21/2024 at 11:00 AM at US Bankruptcy Court, 824 Market St., 5th Fl., Courtroom #6, … WebThe freight schedule was augmented by charter flights to South America and the military but by 1981 Airlift International went into Chapter 11 bankruptcy for reorganization. Following the reorganization the DC-8-54, the Fairchild FH-227 and F-27 models were used.
WebBankruptcy Code, the Bankruptcy Rules, and applicable non-bankruptcy law. Specifically, but without limitation, the Disclosure Statement complies with the requirements of Bankruptcy Rule ... SUPERIOR AIR CHARTER, LLC,1 Case No. 20-11007 (CSS) Unsecured Creditors . WebApr 9, 2024 · Superior Air Charter, LLC ("JetSuite" or "Reorganized Debtor") was an air service provider that filed for bankruptcy protection after meeting financial difficulties due …
Web1 united states bankruptcy court district of delaware in re superior air charter, llc,1 debtor chapter 11 case no. 20-11007 (css) declaration of edward t. gavin, ctp, chief restructuring officer WebMay 1, 2024 · 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. The compant offered charter flights on its fleet of Embraer Phenom 100s, Phenom 300s and a Legacy 650.
JetSuite was born out of a re-branding of Magnum Jet after the company's financial backers decided to restructure the company. As part of this restructuring, the company also steered away from advertising as an “air taxi” with shared rides and began focusing solely on private charter flights. Alex Wilcox, a JetBlue founding executive, is the company's CEO. Wilcox has over two decades of airline …
WebApr 29, 2024 · JetSuite, the trade name of Superior Air Charter, listed liabilities between $50 million and $100 million, and assets between $1 million and $10 million, according to bankruptcy filings.... the chinese financial systemWebSuperior Air Charter, LLC. Case Number: 20-11007 (CSS) District of Delaware. Voluntary Petition. First-Day Pleadings. Sale Documents. Plan & Disclosure. Schedules and … the chinese feast 1995 full movieWebIn September 2024, Orange County Board of Supervisors notified JSX that the airline would be barred from operating flights to John Wayne Airport in Orange County, California, starting January 1, 2024. tax form for state taxesWebJun 29, 2024 · The Chapter 11 plan stems from a settlement among Superior Air, a committee of unsecured creditors and JetSuiteX that will allow the company to emerge from bankruptcy as a going concern, according to filings submitted June 26 at the U.S. Bankruptcy Court for the District of Delaware. the chinese export-import bankWebOn 15 October 2007 Kitty Hawk, Inc. filed again for Chapter 11 bankruptcy. On 29 October 2007 Kitty Hawk, Inc. announced it would cease all scheduled network Air and Ground operations, effective immediately, but that it would continue to operate air cargo charter shipments. [citation needed] tax form for small business llcWebApr 29, 2024 · The Superior Air Charter filing estimates the company has between $1 million and $10 million in assets and liabilities between $50 million and $100 million. The largest … tax form for stash investingWebNov 6, 2024 · 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 … tax form for social security benefits