Prior to the grounding, Jet It was the largest operator of HondaJets in the U.S. [Courtesy: Jet It]
Key Takeaways:
Jet It, a fractional aircraft and charter operator, has effectively ceased operations, grounding its entire fleet and terminating most staff.
CEO Glenn Gonzales informed fractional owners that their aircraft would no longer fly under Jet It, attributing the shutdown to alleged safety concerns with HondaJet aircraft, citing runway overruns and a recent fire.
Fractional owners expressed significant skepticism regarding the CEO's claims, questioning why Jet It was the sole operator to ground its fleet and suggesting financial "company issues" or "negotiating tactics" might be the true reason.
Owners are now left to independently manage their fractional aircraft, navigating complex decisions to transfer or sell their planes, often without prior contact with co-owners, due to Jet It's abrupt termination of services.
Jet It, a fractional aircraft and charter operator, is done.
At least that is the impression Jet It founder and CEO Glenn Gonzales gave fractional aircraft owners on a series of virtual calls on Wednesday, five days after he ordered a ground stop on the fleet of HondaJets the company manages.
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