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Verijet, a top U.S. private jet operator, filed for Chapter 7 bankruptcy on Oct. 9, 2025, after its founder's death, leaving customers with $10.5 million in lost credits.
Verijet, the 13th-largest U.S. private jet operator, filed for Chapter 7 bankruptcy on October 9, 2025, ending all operations after the sudden death of founder Richard Kane in September.
The company, which had $38.7 million in debts and only $2.5 million in assets, left customers with $10.5 million in lost jet card credits.
Its fleet had shrunk to just three jets, with one not flying in months.
The bankruptcy, triggered by financial distress and multiple lawsuits, marks the end of its expansion plans and comes amid a broader wave of airline failures in 2025.
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Verijet, uno de los principales operadores de aviones privados de los Estados Unidos, se declaró en bancarrota del Capítulo 7 el 9 de octubre de 2025, después de la muerte de su fundador, dejando a los clientes con $ 10.5 millones en créditos perdidos.