Irvine-based JetSuite Inc. will apply in August to carry 40,000 passengers a year on scheduled flights out of John Wayne Airport starting in January—a 20-fold increase over its charter business here. ...
JetSuite filed for voluntary Chapter 11 bankruptcy protection on 28 April, blaming the move on slumping demand for ad hoc charters caused by the coronavirus outbreak. The move came two weeks after the ...
JetSuite’s timing couldn’t have been worse. The Irvine-based charter jet service started up as the U.S. economy plunged deeper into recession in 2009, and terms such as corporate bankruptcies and ...