Aspen Executive Air, LLC Files Chapter 11 Case in Delaware

Aspen Executive Air, LLC, a Colorado-based company, has filed a Chapter 11 petition in the United States Bankruptcy Court for the District of Delaware. This case has been assigned to Chief Judge Mary F. Walrath under case number 07-11341. The debtor filed this case on September 14, 2007, but, as of the date of this writing, has not filed any motions in the case. According to the debtor's petition, Calim Venture Partners II

a non-debtor owns a 99% membership interest in the debtor.

The debtor does business as AEXJet. According to its website, AEXJet provides membership-based private jet services, operating a fleet of aircraft that can carry from seven to twelve passengers. AEXJet is based in Aspen, Colorado, and serves nine major metropolitan regions throughout the U.S., including New York, Chicago, Los Angeles, San Francisco, South Florida, Dallas, Houston, Austin and Atlanta.

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