Private jet company JetSuite grounds fleet and furloughs crew [MSN Money]
JetBlue Airways Corporation (JBLU)
Last jetblue airways corporation earnings: 1/23 07:00 am
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Source: MSN Money
© Provided by CNBCA high-profile private-jet company abruptly announced it was shutting down due to the coronavirus, leaving qutions about the fate of possibly $50 million in customer paymts.Load ErrorJetSuite, a Dallas-based private jet charter operator, posted a notice on its website last week that it is grounding its fleet and furloughing most of its pilots because of a "dramatic downturn" in busins fromCovid-9JetSuite didn't give any details on whether it would reop, but said "please accept our deept apologi for this sudd, but unavoidable and necsary cancellation of all flights until further notice."An email st to JetSuite's prs office was returned, saying "the email account no longer exists."JetSuite and its sister company, JSX, were highly celebrated in the private jet industry and attracted big invtors, including JetBlue and Qatar Airways. JetSuite's founder and CEO, Alex Wilcox, was a founding executive of JetBlue.JetSuite offered private jets for charter through its SuiteKey
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JBLU
Earnings
- 10/28/25 - Beat
JBLU
Sec Filings
- 12/2/25 - Form 8-K
- 11/12/25 - Form 144
- 11/6/25 - Form 4
- JBLU's page on the SEC website