Friday, November 04, 2011

Victory Jet, LLC files for bankruptcy, owes $3.47 million in debts

Victory Jet, an Atlanta-based air-charter company that leased space at the Piedmont Triad International Airport last year, has filed for Chapter 7 liquidation bankruptcy.

The filing comes a year after it announced plans to offer charters to wealthy individuals, pro-sports teams, touring bands and other clients. Victory Jet planned to use PTI as its base for a 64-seat Boeing 737-300 plane operated by Swift Air LLC of Phoenix.

A filing with the U.S. Bankruptcy Court for the Middle District of North Carolina indicates Victory Jet has $7,833 in assets and $3.47 million in debts.

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