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.

Share this...

Add your comment:

By submitting a comment, you are allowing AIN Publications to edit and use your comment in all media.

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
 

Quote/Unquote

“"How many leaders actively seek out and encourage views alien and at odds with their own? All too few...Who in your organization serves as your Challenger In Chief? Interrogating the choices you are considering making? Making you consider the uncontemplated, the unimaginable and that which contradicts or refutes your position? And also challenging you?"”

-Noreena Hertz, author of Eyes Wide Open: How To Make Smart Decisions in a Confusing World