Newsmakers 2009: New companies emerge from the collapse of JetDirect | Aviation International News

Charter & Fractional

Newsmakers 2009: New companies emerge from the collapse of JetDirect

The fallout from the failure of JetDirect Aviation earlier this year rev

By Matt Thurber • Editor-in-Chief

December 28, 2009

The fallout from the
failure of JetDirect Aviation earlier this year reverberated throughout the aviation industry, magnifying the effect of the recession on dozens of aircraft owners and operators and the people who fly, maintain and support the aircraft that were, for a brief time, under the JetDirect umbrella.

JetDirect attempted to create a national charter company brand by acquiring nearly a dozen charter companies as the aviation industry soared into 2008. Most of the acquired companies–many of them well known–have disappeared since JetDirect shut down on April 17 and liquidated on May 1. But other companies managed to extricate themselves from the JetDirect debacle and resume growing independently. Survivors include Solairus Aviation (formerly Sunset Aviation), Presidential Aviation and Sentient Jet.

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The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background.

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