Frax Industry Unaffected By DAL Bankruptcy Filing For Now
Fractional ownership customers -- as well as flight crews and vendors -- may think the recent filing by Delta Air Lines for protection under federal bankruptcy laws won't impact them. Hopefully, they'll be right, but not because Delta isn't involved in the business aviation industry. Instead, Delta AirElite Business Jets is a wholly owned subsidiary of Delta Air Lines, providing aircraft charter, aircraft management and fractional ownership programs for more than 20 years. The company operates a diverse fleet of Bombardier Challenger, Learjet, Gulfstream, Hawker and Cessna aircraft. According to a statement from Delta AirElite, "There will be no impact on Delta AirElite's ability to serve its charter, membership or aircraft management customers." A company spokesperson told AVweb in a prepared statement, "All normal business operations and regular flight operations will continue during this period of reorganization. We remain fully committed to meeting our customers' travel needs and will continue to provide the same superior level of service they have come to expect from us for the past 21 years. Delta AirElite is a profitable subsidiary of Delta Air Lines and owns and operates 19 managed and owned business jets based at various locations in the U.S. The Delta AirElite Jet Center, the only FBO at Cincinnati/Northern Kentucky International Airport, will also continue business as usual as a full-service FBO."