Troubled start-up airline OneJet suspends flights
Less than four months ago, start-up airline OneJet announced it was buying a charter operator to more than double its flights to 400 a week. This week, OneJet suspended all operations. The operator of Pittsburgh International Airport this month sued the three-year-old company, which has a base at the airport, alleging One Jet did not fulfill the requirements for a $1m incentive it gave the airline to expand its operations. Rick Pawlak, managing director of Ultimate AirShuttle, a unit of Ultimate JetCharters, said it terminated its acquisition agreement with OneJet and it has stopped flying for the upstart. Matthew Maguire founded OneJet in 2015, going after business travellers for companies like FedEx in midsize cities that large carriers retreated from in a wave of megamergers over the last decade. OneJet had been flying on an operating certificate held by Ultimate JetCharters. OneJet is now pursuing its own certificate from the FAA and will suspend scheduled services during that process, OneJet's CEO Maguire said. "The result of this transition will be a more robust and reliable operation for our customers from the fourth quarter forward." <br/>
https://portal.staralliance.com/cms/news/hot-topics/2018-08-31/unaligned/troubled-start-up-airline-onejet-suspends-flights
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Troubled start-up airline OneJet suspends flights
Less than four months ago, start-up airline OneJet announced it was buying a charter operator to more than double its flights to 400 a week. This week, OneJet suspended all operations. The operator of Pittsburgh International Airport this month sued the three-year-old company, which has a base at the airport, alleging One Jet did not fulfill the requirements for a $1m incentive it gave the airline to expand its operations. Rick Pawlak, managing director of Ultimate AirShuttle, a unit of Ultimate JetCharters, said it terminated its acquisition agreement with OneJet and it has stopped flying for the upstart. Matthew Maguire founded OneJet in 2015, going after business travellers for companies like FedEx in midsize cities that large carriers retreated from in a wave of megamergers over the last decade. OneJet had been flying on an operating certificate held by Ultimate JetCharters. OneJet is now pursuing its own certificate from the FAA and will suspend scheduled services during that process, OneJet's CEO Maguire said. "The result of this transition will be a more robust and reliable operation for our customers from the fourth quarter forward." <br/>