A Verijet Cirrus SF50 G2+ Vision Jet. [Courtesy: Verijet]
Key Takeaways:
Private aviation service Flyte plans to acquire assets from the recently bankrupt charter carrier Verijet to expand its operations.
Verijet, which filed for Chapter 7 liquidation after its founder's death, operated a fleet of Cirrus Vision Jets and served major U.S. markets.
Flyte aims to absorb Verijet's valuable assets, including its Vision Jet fleet, to strengthen its market presence in areas like New York, Miami, and Las Vegas.
“We’re planning on purchasing whatever is available,” Jeremy Frommer, Flyte’s founder and the CEO of Flyte’s parent company Creatd, told FLYING on Wednesday. “We’re the most logical buyer.”
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Zach Vasile is a writer and editor covering news in all aspects of aviation. He has reported for and contributed to the Manchester Journal Inquirer, the Hartford Business Journal, the Charlotte Observer, and the Washington Examiner, with his area of focus being the intersection of business and government policy.
