Former members of AirShares Elite, the Cirrus fractional ownership provider that ceased operations on December 1, are coming forward to tell their stories about the company’s sudden demise — except, they say, at this point there’s not much to tell.
Stunned share owners told Flying they received terse email messages in mid November informing them AirShares Elite would be shutting down at the end of the month. The messages said their airplanes would be sold and they would receive a check for their share value by the end of December.
