Jet It, a private jet operator launched in 2018, filed for Chapter 7 bankruptcy in December 2025, over two years after shutting down operations, with $36.2 million in liabilities and over 200 unsecured creditors, including major companies like American Express and Honeywell. The company had expanded rapidly but faced financial difficulties, partly due to issues with HondaJet support, and owed significant debts to various service providers and creditors.
Turkey's air traffic controllers lost contact with a private jet carrying Libya’s military chief after takeoff from Ankara, with no further details available.
Multiple fatalities occurred when a private corporate jet crashed while landing at Statesville Regional Airport in North Carolina; the cause is under investigation by the NTSB, and the airport remains closed.
Verijet, a Florida-based private jet charter airline, filed for Chapter 7 bankruptcy amid financial difficulties and the death of its founder, leading to the liquidation of its assets and cancellation of flights, adding to a series of airline shutdowns in 2025.
J.P. Morgan Private Bank is launching a new lifestyle service platform offering its ultra-high-net-worth clients access to vetted vendors and exclusive deals on luxury travel, household staffing, art, and financial management services, expanding beyond traditional wealth advice.
A video showing a private jet landing at Burning Man has sparked outrage, as it appears to contradict the festival's principles of environmental respect and leaving no trace, highlighting concerns about the event's ecological footprint and the broader issue of private jet pollution.
Kid Rock's private jet at Michigan airport drew criticism for its environmental impact and tacky artwork, highlighting issues of wealth inequality and the environmental harm caused by private jets, which are often used for short, unnecessary trips and produce significant pollution. The backlash reflects public frustration with the display of wealth amid global environmental concerns.
Jeff Bezos faces criticism after purchasing a new private jet costing $80 million, raising concerns about environmental impact and potential greenwashing, especially as Amazon promotes sustainability efforts. Reddit users highlight the contradiction between Bezos' private jet use and Amazon's climate commitments, fueling debate on corporate responsibility and eco-friendliness.
LVMH-backed private equity firm L Catterton is leading an $800 million investment to acquire a 20% stake in Flexjet, a luxury private jet company, aiming to expand its offerings into the experience economy with a focus on luxury travel and bespoke services, while maintaining Flexjet's boutique identity.
Six people died when a private jet crashed into a San Diego neighborhood in dense fog, with the cause under investigation by the NTSB. The victims include notable individuals and the crash caused significant property damage and injuries on the ground.
Larry Ellison, co-founder of Oracle, successfully sued the city of San Jose to allow his Gulfstream V private jet to land during nighttime hours, despite a curfew aimed at reducing noise pollution. The legal battle, which lasted two years, ended with a court ruling in Ellison's favor, highlighting his determination to get his way and his willingness to challenge city ordinances.
The Trump Organization has sold the 1997 Cessna 750 Citation X jet used by Donald Trump during his 2016 presidential campaign to GOP donor Mehrdad Moayedi's company, MM Fleet Holdings, LLC, for an undisclosed amount. Moayedi, a real estate magnate and significant Republican donor, has supported various GOP candidates and committees over the years. The jet, valued between $9 million and $10 million, was known for its high speed and was used by Trump to access smaller airports during his campaign.
Facing over $500 million in court fines, Donald Trump sold one of his private jets to a major Republican donor, Mehrdad Moayedi, to help cover his legal expenses. The sale of the 1997 Cessna Citation X, estimated to be worth $8.5m to $10m, comes as Trump deals with multiple legal battles and mounting legal fees, which have already exceeded $100 million.
BARK Air, a new airline geared toward dogs and their owners, is set to launch transatlantic and transcontinental semi-private jet service from New York to California and London in May 2024. The airline aims to provide a stress-free and luxurious travel experience for dogs, with cabins accommodating up to 15 dogs and 15 humans. Ticket prices start at $6,000 for New York to California and $8,000 for New York to London. While the concept may seem niche, it offers a unique and potentially popular alternative for affluent pet owners and could provide a more pleasant travel experience for both dogs and humans.
Country singer Jelly Roll's private jet was forced to make an emergency landing while en route to the 2024 CMT Music Awards in Austin, Texas, due to technical issues with the computer. His wife, Bunnie XO, documented the surprise on TikTok, sharing clips of the pilot's announcement and their subsequent return to the plane after the ordeal. Despite the scare, the couple made it to Vegas for the awards show, where Jelly Roll is nominated for three awards and Bunnie XO is serving as CMT's backstage correspondent. The pair, who married in 2016, have been open about their journey, with Bunnie XO recently celebrating her first anniversary of retiring from sex work and Jelly Roll crediting her for stabilizing his life.
