JetChoice, a Little Canada, Minn.-based membership charter company, voluntarily filed for Chapter 7 bankruptcy (liquidation) last Friday. JetChoice’s holding company, Corsair Aviation, also owns Capitol Wings of Austin, Texas, and ACM Aviation of San Jose, Calif.
AINalerts » May 7, 2009
Van Nuys, Calif.-based Elite Aviation has filed a complaint in the Superior Court of California, Northwest District, accusing charter broker JetCardPlus and some individuals who set up and flew charters arranged by JetCardPlus and flown by Elite of breach of contract, fraud and other problems. The lawsuit seeks payment of $221,716.24, in addition to interest, attorney fees and court costs.
Web applications used in supporting FAA air traffic control systems are not properly secured to prevent attacks or unauthorized access, warns a report released yesterday by the DOT Inspector General.
A petition for bankruptcy under the Chapter 7 code was filed by JetDirect Aviation with the U.S. bankruptcy court in Delaware last Friday, listing liabilities of $100 million to $500 million. The filing noted that “there will be no funds available for distribution to unsecured creditors.” A meeting of creditors is scheduled for June 18 in Wilmington, Del.
The ninth annual European Business Aviation Convention & Exhibition (EBACE) starts next Tuesday at Geneva Palexpo in Switzerland, though it’s expected to be a bit more subdued in light of the current global economic woes. This year’s theme–“The Right Tool for Challenging Times”–aims to give attendees the tools needed to improve efficiency, increase productivity, save money and help their businesses grow in this turbulent economy.