JetChoice, a Little Canada, Minn.-based membership charter company, voluntarily filed for
Chapter 7 bankruptcy (liquidation) last month.
The filing lists assets of $5.4 million, $4 million owed to creditors holding secured claims, $465,695 owed to creditors holding unsecured priority claims and $21.3 million owed to unsecured
creditors.
Most of the priority claims are for unpaid wages, benefits and expense reimbursements, and many of these employees are owed thousands of dollars. A number of FBOs are listed as unsecured creditors, as are several other aviation service companies.
http://www.ainonline.com/news/single-news-page/article/jetchoice-files-chapter-7/
Flotte de 11 avions, activité charter, corporate.
Chapter 7 bankruptcy (liquidation) last month.
The filing lists assets of $5.4 million, $4 million owed to creditors holding secured claims, $465,695 owed to creditors holding unsecured priority claims and $21.3 million owed to unsecured
creditors.
Most of the priority claims are for unpaid wages, benefits and expense reimbursements, and many of these employees are owed thousands of dollars. A number of FBOs are listed as unsecured creditors, as are several other aviation service companies.
http://www.ainonline.com/news/single-news-page/article/jetchoice-files-chapter-7/
Flotte de 11 avions, activité charter, corporate.