Flyte Considers Acquiring Verijet Aircraft and Assets After Bankruptcy
US-based business aviation platform Flyte is evaluating the purchase of aircraft and additional assets from Verijet, the now-bankrupt Part 135 operator known for its Vision Jet-based on-demand air taxi network. Speaking to FLYING Magazine, Flyte founder Jeremy Frommer said the company intends to pursue any viable aircraft and infrastructure made available through the bankruptcy process.
Flyte itself is not a certified air operator, but it owns Ponderosa Air, which operates under a Part 135 certificate. As of July, Ponderosa Air’s fleet consisted of a single Vision Jet G2 based in Grand Rapids, Michigan. Frommer noted that expanding this fleet is a priority as Flyte seeks to determine how many Cirrus Vision Jets Verijet previously operated and how many could be acquired.
Flyte is also reviewing additional assets beyond aircraft, such as operational resources, customer networks, and regional market positions. The company aims to strengthen its footprint in key US business aviation markets previously served by Verijet, including New York, Miami, Los Angeles, and Las Vegas, where demand for short-range private flights remains strong.
Verijet’s most recent Part 135 authorization, as of July 2025, listed one Vision Jet G2 and two Vision Jet G2+ aircraft. The company had marketed itself as an innovator in low-emission, point-to-point private aviation services, but later faced financial challenges that led to its bankruptcy.
If Flyte successfully acquires Verijet’s aircraft and market relationships, it could accelerate its expansion strategy and position Ponderosa Air as a growing operator in the single-engine jet charter segment.
Related News: https://airguide.info/category/air-travel-business/business-aviation/
Sources: AirGuide Business airguide.info, bing.com, ch-aviation.com