JetClubJetClub

Company Name: JetClub

Legal Company Name: JetClub Malta Limited, for the documented European operating entity

Trading / Brand Name: JetClub / JetClub Group

Primary PrivateJetia Category: Private Jet Fractional Ownership Companies

Secondary Categories: Private Jet Charter Companies; Private Jet Membership Programs; Private Jet Companies & Brands; Private Jet Services

Company Type: Privately held business aviation company / fractional aircraft ownership platform

Industry: Business Aviation / Private Aviation

Year Founded: 2020

Founder(s): Vishal Hiremath and Glenn Gonzales

Historically Reported Operational Base: London Stansted Airport, United Kingdom

European Operating Entity Address: High-Rise Building, First Floor, Triq l-Imradd, Ta’ Xbiex XBX1150, Malta

Country: Malta for the European operating entity; JetClub was established as an international brand serving markets outside the United States.

Geographic Markets Historically Targeted: Europe, Southeast Asia, India and prospective Middle East markets

Official Website: JetClub historically used jetclubgroup.com. Current operational status of the website and company offering requires verification.

Company Status: Operating status requires verification. JetClub Malta Limited’s European operating licence was suspended from 24 February 2024 and revoked on 13 August 2024 according to European Union regulatory records. The company should therefore not presently be described as an active European commercial air operator without new regulatory evidence.

Parent Company: No conventional parent company independently established. JetClub was developed as the international sister business to U.S. fractional operator Jet It.

Major Related Companies: Jet It; JetClub Malta Limited; JetClub India Private Limited

PrivateJetia Verification Status: Partially Verified / Historical Operator Status Confirmed / Current Operations Require Verification

Important Editorial Note: JetClub should not be confused with unrelated private aviation membership products using the name “Jet Club,” including Chartright JetClub in Canada or flyExclusive Jet Club in the United States.

2. Executive Company Overview

JetClub is a private aviation company established in 2020 by aviation executives Vishal Hiremath and Glenn Gonzales as the international counterpart to U.S. fractional ownership company Jet It. The business was developed around fractional and shared access to HondaJet light business jets, initially targeting European customers while also identifying India, Southeast Asia and other international markets for expansion.

The company differentiated its original ownership proposition through a days-based fractional structure. Instead of allocating fractional owners a conventional annual block of flight hours, JetClub’s European model provided aircraft access for a predetermined number of days. During an allocated day, owners could operate multiple sectors subject to normal aircraft and crew-duty limitations. The model was designed particularly for business travelers making several European stops within one working day.

JetClub secured an Air Operator Certificate from Malta’s Civil Aviation Directorate in June 2021 and subsequently operated passenger services in Europe using HondaJet aircraft. The company also promoted charter availability when aircraft were not being used by fractional owners. Its founders had previous professional experience with Honda Aircraft and Gulfstream Aerospace, giving the business a particularly strong early association with the HondaJet platform.

JetClub’s historical commercial proposition, however, should be distinguished from its current regulatory position. European Commission records show that the operating licence of JetClub Malta Limited was suspended from 24 February 2024 and revoked on 13 August 2024. JetClub’s U.S. sister company Jet It had already ceased operations in May 2023 and subsequently filed for Chapter 7 liquidation in December 2025. Consequently, PrivateJetia has not independently verified that JetClub currently provides commercial fractional or charter flights in Europe.

3. Key Facts at a Glance

Founded: 2020

Founders: Vishal Hiremath and Glenn Gonzales

Historical Primary Business: Fractional aircraft ownership and private jet charter

Core Aircraft: Honda HA-420 HondaJet

Historical European Operating Base: London Stansted Airport

European Operating Company: JetClub Malta Limited

Historical Regulatory Authority: Transport Malta Civil Aviation Directorate

European AOC: Awarded in June 2021

European Operating Licence: Subsequently suspended in February 2024 and revoked in August 2024

Historical Market: Europe, with international expansion ambitions including India, Southeast Asia and the Middle East

Business Model: Days-based fractional aircraft ownership with supplementary charter availability

Founders’ Aviation Background: Honda Aircraft, Gulfstream Aerospace and, in Hiremath’s case, Rockwell Collins

Historical Website: jetclubgroup.com

Current Commercial Operations: Not independently verified

Current Fleet: Not publicly disclosed / Not independently verified

4. Services & Capabilities

Primary Services

Fractional Aircraft Ownership

JetClub’s principal documented business was fractional private jet ownership. Customers purchased an ownership interest in an aircraft and received an agreed allocation of operating days.

The program differed from many conventional fractional structures because access was calculated principally by days rather than by a fixed number of flight hours.

Private Jet Charter

JetClub planned and subsequently obtained authority to conduct charter passenger operations. Aircraft unused by fractional owners could be made available for charter, providing additional fleet utilization.

Current JetClub charter availability has not been independently verified.

Aircraft Operations

Through JetClub Malta Limited, the company operated aircraft under a Maltese regulatory structure after receiving its AOC in 2021.

Fractional Ownership Administration

The documented program was designed to handle operational administration associated with shared aircraft ownership on behalf of participants.

International Business Aviation Access

JetClub was conceived specifically as the international extension of the Jet It concept, initially focusing on Europe while planning additional programs in Asia and other markets.

Specialized Capabilities

Days-based aircraft access: Fractional owners received designated aircraft-use days rather than relying exclusively on hourly allocations.

Multiple same-day sectors: The ownership model was particularly suited to business travelers flying several destinations during one duty day.

HondaJet operations: JetClub’s initial fleet and commercial proposition were centered on the Honda HA-420 HondaJet.

Short-haul European missions: The HondaJet platform was positioned primarily for regional European missions and business journeys involving relatively small passenger groups.

Fractional plus charter utilization: Aircraft could historically be offered for charter during periods when owners were not using them.

International fractional-program development: JetClub was structured to adapt the Jet It shared-ownership concept for markets outside North America.

5. Industries & Client Types Served

JetClub’s documented service model was relevant primarily to:

Business owners and entrepreneurs

Corporate executives

Small and medium-sized enterprises requiring regional business travel

UHNW individuals

Private aviation users

Fractional aircraft owners

Families and leisure travelers requiring private aircraft access

Companies requiring multi-city European transportation

Prospective aircraft owners seeking an alternative to whole-aircraft ownership

The company specifically emphasized business travelers whose missions involved visiting multiple cities or countries and returning home during the same day.

6. Geographic Coverage

Headquarters Country: No single current corporate headquarters independently verified

Historical European Operating Jurisdiction: Malta

Historical European Operating Base: London Stansted Airport, United Kingdom

Registered European Operator Address: High-Rise Building, First Floor, Triq l-Imradd, Ta’ Xbiex XBX1150, Malta

Additional Offices: Historical references included London and Paris. Current offices are not independently verified.

Historical Countries / Markets Served: European markets

Expansion Markets Announced: India, Southeast Asia and Middle East opportunities

Regions Served: Europe historically; broader international expansion was planned

Historical Principal Airport: London Stansted Airport

London Stansted IATA Code: STN

London Stansted ICAO Code: EGSS

Operational Scope: Historically regional/international within Europe, with broader global expansion ambitions

Aviation Week reported in March 2021 that the company was based at London Stansted and intended to operate throughout mainland Europe under Maltese certification.

JetClub’s current operational airport network is not publicly disclosed and not independently verified.

7. Aircraft Expertise

Aircraft Categories

Very Light / Light Business Jets

JetClub concentrated overwhelmingly on the HondaJet family during its documented operating period.

Manufacturers

Honda Aircraft Company

Honda Aircraft was the manufacturer most strongly associated with JetClub.

Both founders had previously held positions at Honda Aircraft, and JetClub’s initial international fractional model was developed specifically around the HondaJet.

Gulfstream Aerospace

The company founders also had previous professional experience at Gulfstream Aerospace. That background represents executive experience rather than evidence that JetClub operated a Gulfstream fleet in Europe.

Bye Aerospace

JetClub and Jet It were announced in 2021 as launch customers for the proposed eFlyer 800 electric aircraft program. This represented a future aircraft acquisition relationship rather than evidence of an aircraft entering operational JetClub service.

Aircraft Models

Honda HA-420 HondaJet

This is the principal aircraft model independently documented in JetClub’s European operation.

HondaJet Elite / related HondaJet variants

HondaJet-family aircraft formed the core platform around which the fractional program was marketed.

Bye Aerospace eFlyer 800

Announced future aircraft order / launch-customer relationship. No evidence has been identified that the aircraft entered JetClub commercial service.

8. Fleet Information

Current Fleet Size: Not independently verified

Historical JetClub European Fleet: One HondaJet was reported operating in Europe in late 2021.

Historical Combined Jet It / JetClub Fleet: 14 HondaJets were reported by Jetex in November 2021 as being operated collectively by JetClub and sister company Jet It.

2021 JetClub Europe Fleet: Runway Girl Network reported one HondaJet in Europe while the related North American operation had 14 aircraft.

Owned Aircraft: Not publicly disclosed on a current basis

Managed Aircraft: Not publicly disclosed

Charter Aircraft: Historically HondaJet aircraft when available outside fractional-owner use

Aircraft Category: Light business jet

Major Manufacturer: Honda Aircraft Company

Notable Model: Honda HA-420 HondaJet

Average Fleet Age: Not publicly disclosed

Current Fleet Geographic Distribution: Not independently verified

Historical combined-group fleet figures should not be presented as JetClub’s current or standalone fleet because several reports combined aircraft operated by Jet It in North America with JetClub’s European aircraft.

9. Company Statistics

Year Founded: 2020
Source: Jet It / JetClub launch announcement and Business Air News
Period: September 2020

European Launch Announcement: March 2021
Source: JetClub and Aviation Week

European AOC Awarded: June 2021
Source: JetClub announcement / Business Air News
Issuing Authority: Transport Malta Civil Aviation Directorate

Historical Combined HondaJet Fleet: 11 aircraft
Source: JetClub launch announcement
Period: March 2021
Qualification: Combined Jet It and JetClub group figure, not standalone European JetClub fleet

Historical Combined HondaJet Fleet: 14 aircraft
Source: Jetex
Period: November 2021
Qualification: Combined JetClub and Jet It figure

European JetClub Aircraft Reported: 1 HondaJet
Source: Runway Girl Network
Period: December 2021

Leadership Team: Approximately 15 people reported
Source: Runway Girl Network referencing JetClub’s leadership information
Period: December 2021
Current Employee Count: Not publicly disclosed

Revenue: Not publicly disclosed

Funding: Not publicly disclosed

Clients Served: Not publicly disclosed

Annual Flight Hours: Not publicly disclosed

Transactions Completed: Not publicly disclosed

Current Fleet: Not publicly disclosed

Current Employees: Not publicly disclosed

10. Certifications & Regulatory Status

Maltese Air Operator Certificate

JetClub announced in June 2021 that JetClub Malta Limited had received an Air Operator Certificate from the Transport Malta Civil Aviation Directorate, enabling commercial passenger operations including fractional and charter flying.

An AOC establishes that an operator has met the applicable organizational, operational and safety requirements required to perform the operations defined in its operating specifications.

Operating Licence

This requires a significant current-status qualification.

European Commission records covering Member State operating-licence decisions show:

Operator: JetClub Malta Limited

Licence Category: B

Activity: Passengers and cargo

Licence suspended: 24 February 2024

Licence revoked: 13 August 2024

Accordingly, historical references to JetClub’s Maltese AOC or commercial operating authority should not be interpreted as evidence that JetClub Malta Limited remains authorized to conduct commercial flights in 2026.

ICAO Operator Designator

The FAA’s current company designator directory lists:

Operator: JetClub Malta Limited

ICAO Three-Letter Designator: JLN

Telephony: JETLINE

The presence of an ICAO designator should not itself be interpreted as proof of an active operating licence.

Other Certifications

IS-BAO: Not independently verified

ARGUS: Not independently verified

WYVERN: Not independently verified

EASA-specific approvals beyond historical Maltese operating authority: Not independently verified

FAA Part 135: Not applicable to JetClub Malta Limited’s European operation and should not be inferred from Jet It’s former U.S. operations.

11. Industry Memberships

Verified current JetClub memberships in the following organizations were not established during this research:

NBAA: Not independently verified

EBAA: Not independently verified

IATA: Not independently verified

NATA: Not independently verified

GAMA: Not independently verified

Other business aviation associations: Not independently verified

No memberships should be published as verified without additional primary-source documentation.

12. Leadership

Vishal Hiremath

Historical Position: Founder, Chairman and CEO, JetClub Group

Hiremath co-founded JetClub after executive and engineering roles within business aviation and aerospace. Publicly documented previous positions included roles at Honda Aircraft Company, Gulfstream Aerospace and Rockwell Collins.

A 2026 professional-data source reports that Hiremath’s Jet It / JetClub tenure ended in June 2025 and that he subsequently moved to Sierra Nevada Corporation. Because this has not been confirmed through an active JetClub corporate source, PrivateJetia should list him as Founder and Historical CEO, rather than automatically presenting him as current CEO.

Glenn Gonzales

Position: Co-Founder

Gonzales co-founded both Jet It and JetClub and previously worked at Honda Aircraft and Gulfstream Aerospace. Aviation Week documented Gonzales and Hiremath as the executives responsible for launching JetClub internationally.

Alessandra Testa

Historical Position: Chief Commercial Officer; subsequently referenced as Chief Marketing Officer and Head of Client Experience

Testa held senior commercial and customer-experience responsibilities at JetClub during the company’s operating expansion period.

Current CEO

Not independently verified

Current President

Not publicly disclosed

Current COO

Not publicly disclosed

Current CFO

Not publicly disclosed

Current Head of Sales

Not independently verified

13. Ownership & Corporate Structure

Ownership Type: Privately held

Parent Company: Not independently established as a conventional parent-subsidiary relationship

Major Shareholders: Not publicly disclosed

European Operating Entity: JetClub Malta Limited

Related International Entity: JetClub India Private Limited

Historical Sister Company: Jet It

JetClub was established by Jet It founders as an international business adapted to markets outside North America. Vishal Hiremath explained publicly that Jet It and JetClub were separate entities operated as sister companies, enabling the international business to adapt its ownership and membership structures to different regulatory environments.

JetClub India Private Limited was incorporated in India in 2020. Public corporate-data records identify Vishal Vivekanand Hiremath and Lalita Vivekanand Hiremath as directors in the available historical filing information. The operational relationship between that Indian entity and JetClub Malta Limited should not be inferred beyond documented corporate association without additional evidence.

Jet It, the related U.S. fractional company, ceased operations in May 2023. It later filed for Chapter 7 bankruptcy on 24 December 2025, reporting approximately $1.16 million in assets and $36.25 million in liabilities according to coverage of the filing.

JetClub Malta Limited should be evaluated independently from the U.S. bankruptcy entity, but the historical corporate relationship remains relevant to company due diligence.

14. Company History & Milestones

2018: Glenn Gonzales and Vishal Hiremath establish Jet It in the United States.

September 2020: JetClub is publicly launched as the founders’ international private aviation business, designed to expand their shared-aircraft concept into Europe and Asia.

2020: JetClub begins positioning HondaJet aircraft for international operations and announces models involving hybrid co-ownership in Europe and membership structures for Asian markets.

March 2021: JetClub formally announces its European fractional ownership program. Aviation Week reports London Stansted as its base and a planned Maltese operating structure.

June 2021: JetClub receives a Maltese Air Operator Certificate from Transport Malta’s Civil Aviation Directorate and becomes authorized to commence fractional and charter passenger operations.

June 2021: JetClub and Jet It become announced launch customers for Bye Aerospace’s proposed eFlyer 800 electric aircraft.

November 2021: JetClub signs a memorandum of understanding with Jetex to explore expansion of its HondaJet fractional model into the Middle East.

2021: External reporting indicates one JetClub HondaJet operating in Europe while the wider associated North American fleet had grown substantially.

May 2023: Sister company Jet It ceases U.S. operations after grounding its HondaJet fleet.

24 February 2024: JetClub Malta Limited’s operating licence is recorded as suspended.

13 August 2024: JetClub Malta Limited’s operating licence is revoked.

2024: Maltese government court notices document a civil claim involving JetClub Malta Limited and Titan Aviation Fuels relating to an asserted €19,210.75 amount. This should be treated solely as a record of the claim and not as a determination of liability.

December 2025: Related U.S. company Jet It files for Chapter 7 bankruptcy liquidation.

2026: Current commercial activity of JetClub itself has not been independently established.

15. Strategic Partnerships

Jetex

JetClub and Jetex announced a memorandum of understanding in November 2021 during the Dubai Airshow period.

The relationship was intended to explore expansion of JetClub’s HondaJet fractional ownership proposition into the Middle East and leverage Jetex’s business aviation service infrastructure and customer reach.

Bye Aerospace

JetClub and Jet It were announced as launch customers for Bye Aerospace’s proposed eFlyer 800, an eight-seat all-electric aircraft concept.

The relationship reflected JetClub’s stated interest in lower-emission aircraft technology, although there is no evidence that an eFlyer 800 entered JetClub commercial service.

Honda Aircraft Company

Honda Aircraft supplied the aircraft around which JetClub’s original fleet strategy was constructed.

The founders’ previous employment with Honda Aircraft contributed significant product-specific knowledge, although this should not be characterized as an OEM authorization, dealership or formal strategic partnership unless separately documented.

Jet It

Jet It was JetClub’s closest historical corporate relationship and shared founders, operating concepts and aircraft-platform strategy with the international business.

16. Key Differentiators

1. Days-Based Fractional Ownership

JetClub’s most notable structural feature was allocating fractional access by operating days rather than relying exclusively on annual flight-hour blocks.

2. Multi-Sector Same-Day Mission Focus

The model was particularly suited to European business missions where customers could visit multiple destinations within a single crew-duty day.

3. HondaJet Specialization

JetClub concentrated its initial operating model on one specific light-jet platform, creating a relatively standardized fleet proposition.

4. Aviation-Industry Founders

Both founders brought prior Honda Aircraft and Gulfstream Aerospace experience, while Hiremath additionally had an engineering background at Rockwell Collins.

5. International Adaptation of a U.S. Fractional Concept

JetClub was specifically created to adapt the Jet It model to regulatory and commercial conditions outside North America.

6. Fractional Plus Charter Utilization

The European business planned to place aircraft into charter service during periods when fractional owners were not using them.

7. Early Interest in Electric Business Aviation

The eFlyer 800 launch-customer announcement demonstrated an early strategic interest in future electric aircraft technology, although it did not result in a documented operational JetClub electric fleet.

17. Contact & Digital Presence

Because JetClub’s current operating status is uncertain, historical contact information should be clearly identified as such.

Historical General / Sales Email: [email protected]

Main Telephone: Not reliably verified as current

Sales Telephone: Not reliably verified as current

Partnership / Business Development Email: Not publicly verified as current

Historical Website: jetclubgroup.com

Current Website Status: Requires verification

Official Contact Page: Not independently verified as currently active

LinkedIn: Historical corporate and employee presence exists; current official company account status requires verification.

Instagram: Not independently verified as current

YouTube: Not independently verified as current

X / Twitter: Not independently verified as current

White Orchid Insights documented [email protected] and jetclubgroup.com as JetClub’s company contact points during the business’s launch period.

PrivateJetia should avoid publishing unverified telephone numbers or personal executive contact details.

18. PrivateJetia Market Classification

Primary Market: Private Aviation

Market Segment: Fractional Aircraft Ownership

Geographic Position: Historically European and international

Company Scale: Specialist

Primary Specialization: HondaJet fractional ownership and regional private aviation access

Typical Customer: Business executive, entrepreneur, company or private individual requiring recurring regional private aircraft access without full-aircraft ownership

Business Model: Fractional ownership combined historically with supplemental charter utilization

Core Historical Revenue Activities: Fractional aircraft-share sales, aircraft utilization charges, program fees and charter operations

Current Revenue Activities: Not independently verified

Current Market Status: Former / suspended European operator status requiring verification before designation as active

19. PrivateJetia Taxonomy

Primary Category: Top Private Jet Fractional Ownership Companies

Secondary Categories:

Top Private Jet Charter Companies

Top Private Jet Membership Programs

Top Private Jet Services

Top Private Jet Companies & Brands

Country: Malta

Region: Europe

City: Ta’ Xbiex for registered European operating entity

Historical Operational Base: London Stansted, United Kingdom

Airport: London Stansted Airport

IATA: STN

ICAO: EGSS

Services:

Fractional Aircraft Ownership

Private Jet Charter

Shared Aircraft Access

Business Aviation

Aircraft Operations

Fractional Program Administration

Aircraft Manufacturers:

Honda Aircraft Company

Bye Aerospace, historical future-aircraft relationship only

Aircraft Models:

Honda HA-420 HondaJet

HondaJet Elite family

Bye Aerospace eFlyer 800, announced future acquisition relationship only

Certifications / Regulatory Classification:

Historical Maltese Air Operator Certificate

Historical EU Category B operating licence

Operating licence revoked 13 August 2024

ICAO operator designator JLN / JETLINE

Client Types:

Fractional aircraft owners

Business executives

Entrepreneurs

UHNW individuals

Corporations

Private aviation users

Business travelers

20. Related Company Opportunities

Related Company Types

European fractional aircraft ownership companies

Private jet membership providers

Light-jet charter operators

Aircraft co-ownership providers

HondaJet operators

European business aviation operators

Private aircraft management companies

Private jet charter companies

Business aviation technology and ownership platforms

International private aviation groups

Potential Comparable Companies

These companies may be useful as contextual or category-level comparisons rather than being automatically classified as direct competitors:

NetJets Europe

Large-scale fractional aircraft ownership and private aviation provider.

Flexjet Europe

Fractional and private aviation access provider serving European customers.

Jetfly

European shared-ownership operator with a fleet strongly associated with Pilatus aircraft.

GlobeAir

European light-jet charter specialist, particularly associated with the Citation Mustang.

Airshare

Fractional and aircraft-management provider, principally relevant as a comparable ownership model rather than a European geographic equivalent.

PlaneSense

Fractional aircraft program whose structured ownership model offers another useful industry comparison.

These companies operate different fleets, geographic networks, ownership structures and customer propositions, and should not automatically be labelled direct JetClub competitors.

21. Sources & Verification

European Commission / EUR-Lex

Source Type: Official Regulatory

Information Supported: JetClub Malta Limited operating licence, Malta address, Category B classification, suspension from 24 February 2024 and revocation on 13 August 2024

Publication: European Commission publication of Member State operating-licence decisions

Accessed: 4 September 2026

Transport Malta AOC Announcement / JetClub

Source Type: Official Company / Regulatory-related announcement

Information Supported: Award of Maltese AOC and commencement authorization for fractional and charter passenger operations

Publication Date: June 2021

Accessed: 4 September 2026

Business Air News

Source Type: Aviation Industry Publication

Information Supported: Maltese AOC, operating model, founders, HondaJet operations and European launch

Publication Dates: 2021

Accessed: 4 September 2026

Aviation Week

Source Type: Aviation Industry Publication

Information Supported: European launch, London Stansted base, founders, HondaJet program, fractional model and proposed Maltese operating structure

Publication Date: 11 March 2021

Accessed: 4 September 2026

Aviation International News

Source Type: Aviation Industry Publication

Information Supported: JetClub international launch and relationship to Jet It

Publication Date: 15 September 2020

Accessed: 4 September 2026

Jet It / JetClub Launch Announcement

Source Type: Official Company Press Release

Information Supported: September 2020 JetClub launch, international strategy and founders

Publication Date: 14 September 2020

Accessed: 4 September 2026

Jetex

Source Type: Official Strategic Partner

Information Supported: Jetex and JetClub MOU, Middle East expansion strategy and reported combined 14-HondaJet fleet

Publication Date: 14 November 2021

Accessed: 4 September 2026

Aviation Week, Bye Aerospace Relationship

Source Type: Aviation Industry Publication

Information Supported: JetClub and Jet It announced as eFlyer 800 launch customers

Publication Date: 21 June 2021

Accessed: 4 September 2026

Runway Girl Network

Source Type: Aviation Industry Publication

Information Supported: Historical JetClub leadership, Alessandra Testa, Vishal Hiremath title and reported European fleet size

Publication Date: December 2021

Accessed: 4 September 2026

Malta Government Gazette

Source Type: Official Government / Court Record

Information Supported: 2024 civil proceedings naming JetClub Malta Limited and its Ta’ Xbiex address

Publication Date: 15 November 2024

Accessed: 4 September 2026

FAA Aircraft Company Designator Directory

Source Type: Official Government / Aviation

Information Supported: JetClub Malta Limited ICAO designator JLN and JETLINE telephony designator

Accessed: 4 September 2026

Forbes

Source Type: Business / Aviation Media

Information Supported: Jet It cessation of operations in May 2023 and subsequent Chapter 7 bankruptcy reporting

Publication Dates: May 2023 and January 2026

Accessed: 4 September 2026

Business Jet Traveler

Source Type: Business Aviation Publication

Information Supported: Jet It Chapter 7 filing, assets, liabilities, previous HondaJet fleet and 2023 shutdown

Publication Date: January 2026

Accessed: 4 September 2026

White Orchid Insights

Source Type: Industry Interview / Company Feature

Information Supported: Historical JetClub sales email, website, operating philosophy and HondaJet positioning

Accessed: 4 September 2026

22. Data Confidence & Data Gaps

Verified

JetClub was launched in 2020 by Vishal Hiremath and Glenn Gonzales.

JetClub developed a fractional private aviation program centered on HondaJet aircraft.

The company’s European model allocated aircraft utilization substantially by days rather than conventional hourly blocks.

JetClub Malta Limited obtained Maltese commercial operating authority in 2021.

JetClub historically operated HondaJet aircraft in Europe.

The company was associated with London Stansted during its European launch.

JetClub entered an MOU with Jetex in 2021.

JetClub and Jet It were announced as launch customers for the eFlyer 800.

JetClub Malta Limited’s operating licence was suspended from 24 February 2024 and revoked on 13 August 2024.

Company Reported

Historical pricing, service claims, sustainability positioning and some early combined fleet statistics originated from JetClub or related-company announcements and should be regarded as company-reported unless independently corroborated.

Third-Party Reported

JetClub’s reported one-aircraft European fleet in December 2021 and portions of its historical leadership information are supported by specialist aviation media.

Jet It’s 2023 shutdown and 2025 Chapter 7 filing are independently reported by multiple aviation/business publications.

Requires Verification

Current JetClub corporate status

Current commercial flight operations

Current status of the Maltese AOC itself following revocation of the operating licence

Current fleet size

Current aircraft registrations

Current employees

Current CEO and executive management

Current headquarters

Current offices

Current active website

Current telephone numbers

Current fractional ownership availability

Current charter availability

Current pricing

Current client base

Current industry memberships

Current safety accreditations such as IS-BAO, ARGUS or WYVERN

Not Publicly Disclosed

Current revenue

Current funding

Current ownership percentages

Current shareholders

Current annual flight hours

Current number of customers

Current transaction volume

Current managed-aircraft count

Important Regulatory Conflict

Older company material and aviation articles accurately document JetClub as having received an AOC and operating commercially in Europe beginning in 2021.

Those historical statements should not be used to classify JetClub as a currently authorized European commercial operator.

The more recent and authoritative European Commission operating-licence record shows that JetClub Malta Limited’s licence was suspended in February 2024 and revoked in August 2024.

For PrivateJetia, the appropriate editorial treatment is therefore:

Historical fractional ownership and charter operator whose current operating status requires verification.

It would be inaccurate to publish JetClub simply as an “Active private jet charter company” unless a newer licence, AOC-linked operating authorization, or another legally authorized JetClub operating entity can be documented.

23. Information Last Verified

Information Last Verified: 4 September 2026

Research Confidence: High for company history, founders, historical business model, aircraft specialization and European regulatory history. Limited to Moderate for current corporate and commercial status.

Important Data Gaps: Current commercial operations; current fleet; current executive leadership; present headquarters; current website/contact infrastructure; current ownership structure; employee count; active safety accreditations; present charter/fractional offerings; and any replacement operating certificate or operating licence following the 13 August 2024 revocation.

PrivateJetia Recommended Listing Status: Historical / Status Requires Verification

PrivateJetia Editorial Recommendation: Retain JetClub in the directory because it remains a relevant company in the development of European HondaJet fractional ownership, but prominently disclose the revoked 2024 operating licence and do not characterize the company as an active charter or fractional operator unless subsequent regulatory evidence is obtained.

 

By PrivateJetia

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