Premier Air Charter loses both CJ3 jets as lessors terminate leases; ~$514.6K claimed due; chairman exits

Premier Air Charter Holdings Inc.

Lessors AB Jet Co I and AB Jet Co VI terminated the CJ3 leases Oct 1, 2026 and repossessed both aircraft after Premier failed to cure Sept 23 default notices.
Lessors claim ~$514,557 due: ~$249,416 under the N795KF lease and ~$265,141 under the N973CG lease, including accelerated principal and accrued interest.
Lessors also assert ~$266,842 owed to Williams International and Textron Aviation for engine and parts programs; Premier disputes part of that amount.
Reduction in force: 5 of Premier's 10 Citation CJ pilots separated, cutting headcount from 42 to 37 (~12%); no material charges or asset impairments expected.
Vincent Monteparte resigned as Chairman and director Oct 6, 2026 with no severance; Kyle McCollum, 43, ex-CFO of Dalrada Financial (OTC: DFCO), was named Chairman Oct 8.

item 1.02 item 2.04 item 2.05 item 8.01 item 5.02

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Appointed

Kyle McCollum

Chairman of the Board and director

PREM · Premier Air Charter Holdings Inc.

Effective: 2026-10-08
Filed: October 13, 2026, 5:25 PM ET

On October 8, 2026, the Board appointed Kyle McCollum as a director of the Company to fill the vacancy on the Board created by Mr. Monteparte’s resignation, and elected Mr. McCollum as Chairman of the Board, in each case effective immediately.

Departed

Vincent Monteparte

Chairman of the Board of Directors

PREM · Premier Air Charter Holdings Inc.

Effective: 2026-10-06
Successor: Kyle McCollum
Filed: October 13, 2026, 5:25 PM ET

On October 6, 2026, Vincent Monteparte notified the Company of his resignation as Chairman of the Board of Directors of the Company (the “Board”), effective immediately. Mr. Monteparte also resigned as a member of the Board, and from all other positions he held with the Company and its subsidiaries, effective as of the same date.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Kyle McCollum was appointed as Chairman of the Board and director at Premier Air Charter Holdings Inc..

Action: appointed
Role: Chairman of the Board and director

Exact text from the filing

On October 8, 2026, the Board appointed Kyle McCollum as a director of the Company to fill the vacancy on the Board created by Mr. Monteparte’s resignation, and elected Mr. McCollum as Chairman of the Board, in each case effective immediately.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Vincent Monteparte resigned as Chairman of the Board of Directors at Premier Air Charter Holdings Inc..

Action: resigned
Role: Chairman of the Board of Directors

Exact text from the filing

On October 6, 2026, Vincent Monteparte notified the Company of his resignation as Chairman of the Board of Directors of the Company (the “Board”), effective immediately. Mr. Monteparte also resigned as a member of the Board, and from all other positions he held with the Company and its subsidiaries, effective as of the same date.

View on SEC.gov

Premier Air Charter Holdings Inc. filing history →

Source: SEC EDGAR

accession 0001683168-26-007816

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