JetSuite files for Chapter 11 bankruptcy protection

JetSuite Phenom 100

JetSuite filed for voluntary Chapter 11 bankruptcy protection on 28 April, blaming the move on a slump in demand for ad hoc charter caused by the coronavirus outbreak. The move came two weeks after the Dallas-headquartered firm grounded its 12-strong fleet of Embraer business jets and furloughed most of its workforce.

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