Charter & Fractional
Short on cash, Indigo ceases regular service
Indigo, the provider of “regular and frequent” business jet service between Chicago Midway Airport and Teterboro Airport in New Jersey, suspended flights e

Indigo, the provider of “regular and frequent” business jet service between Chicago Midway Airport and Teterboro Airport in New Jersey, suspended flights early last month, three months after a relaunch of operations on March 3.

“We fell short on the equity side,” said Indigo chairman and CEO Peter Pappas, by way of a terse explanation. “For the time being, we’re going to focus on our charter and corporate business.”