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Jet It Files for Chapter 7 Bankruptcy: $36.2M in Debt

12/31/2025

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Story summary
  • Jet It, a private jet operator, filed for Chapter 7 bankruptcy in Delaware on December 24, 2025, reporting $36.2 million in liabilities and $1.1 million in assets after ceasing operations more than two years earlier.
  • The filing lists $9.7 million in unsecured claims.
  • Jet It was founded in 2018.
  • By 2022, it ranked as the 12th-largest U.S. operator.
  • This year, it is the second top-15 U.S. operator to file for bankruptcy.