No Class Action Against Fly Alliance as of Nov. 5, 2026; Owner Suit Settled, Partner Suit Pending in Delaware

As of November 5, 2026, no class action, consumer settlement, claim form, deadline or payment process relating to Fly Alliance could be found. The two reported cases are business disputes.

In the first, Zap Aviation bought a 1996 Gulfstream IVSP (tail number N2HC) and in August 2022 leased it back for use in Fly Alliance's charter and jet card programs. Zap alleged it was promised 90% of charter revenue and told the aircraft would net $100,000 a month, or $70,000 in a poor month, but instead lost about $100,000 a month. It also alleged $148,778 in maintenance charges without itemization, $58,554 in undocumented crew expenses, a $64,108 bill for flights that would have cost about $17,000 on its own aircraft, and that $791,403 of a $1,200,000 prepaid maintenance deposit was not returned.

In the second, Christopher W. Colbath, a minority member of Fly Alliance Maintenance, LLC, sued in the Delaware Court of Chancery (No. 2026-0783, e-filed June 15, 2026). He alleges the company demanded $281,078 as his share of a $3.4 million capital call issued May 12, 2026, with a June 30, 2026 deadline, while withholding the books and records needed to assess it, and that non-payment would dilute his ownership. He seeks injunctive, declaratory and books-and-records relief plus damages.

The company has restructured. Christopher Tasca became CEO after a management buyout reported July 2, 2026, and Kevin Wargo's Altitude Parts bought the parts business in August. On November 3, 2026 it was reported that Wargo's Cove Capital bought the Part 135 charter and Part 145 maintenance certificates, which will operate as Atelier Aviation; Fly Alliance continues as a charter brokerage. Fly Alliance says its 355 jet card members stay with it. The certificate that covered 18 aircraft has moved, and three fractional Gulfstreams are moving to a new operator.