JetDirect Closes, Wayfarer Takes Over

Business Jet Traveler » June 2009
Monday, June 1, 2009 - 5:00am

Charter and aircraft management provider JetDirect Aviation ceased operations in April and Wayfarer Aviation subsequently announced that it had purchased "substantially all" the company's assets. Wayfarer is the new name for JetDirect Aviation Acquisition Company (JDAAC).

In the weeks leading up to the closing of JetDirect and the asset sale, JDAAC and Wayfarer chairman Robert Pinkas promised that management clients, some of whom were owed hundreds of thousands of dollars, would be repaid if they signed a consent agreement to move their aircraft to JDAAC, which took over JetDirect's Part 135 certificate.

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“When you get into the larger aircraft it becomes like a hotel, with dozens of staff supporting the plane based in a galley area down below. You have very comprehensive cooking facilities, and on larger aircraft we have looked at theatres, with spiral staircases and a Steinway grand piano. The limitations for what you can put inside a plane are pretty much the limits of physics, and even money cannot always overcome that. Even so, people are still always trying to push [the limits]. ”

-Howard Guy of Design Q, a UK-based consultancy