JC Air Academy, Inc has officially commenced bankruptcy proceedings. The Stockton, California-based company currently serves as a flight training center. Court records show several unsecured claims tied to unpaid wages, business loans, and other areas.
Note: Chapter 11 bankruptcy allows businesses to reorganize their debts while continuing operations under court supervision. A Chapter 11 filing does not necessarily mean a business is closing or going out of business. For additional information, readers are encouraged to contact the business directly.
JC Air Academy, Inc Files for Chapter 11
Court records, as available on the PACER database, show that the company submitted its petition on August 26, 2026. Authorized representative Seung Chan Kwon, who is also the company’s CEO, signed the petition prior to filing.
Attorney Andrews S. Cho of the Law Offices of Andrews S. Cho is representing the company in the bankruptcy proceedings.
Highlights from the Petition
Case records show that the company submitted a list of creditors with the largest unsecured claims. These unsecured obligations include aviation-related vendor debts, business loans, employee wage claims, payroll taxes, and credit-card balances. Several of the larger claims are disputed.
The list of unsecured creditors mentioned include Capital One, Good Flight Aviation LLC, Internal Revenue Service, San Joaquin County, Wells Fargo, and the US Small Business Administration.
JC Air Academy, Inc submitted a summary of assets and liabilities and records indicate that funds will be available for distribution to the unsecured creditors. According to it, while the liabilities of the company were estimated at $6.09 million, its assets were approximately $1.96 million. This gap suggests that the company owes more than what it owns.
A summary of the Chapter 11 petition is provided here:
- Filing Date: August 26, 2026
- Court and Jurisdiction: U.S. Bankruptcy Court for the Eastern District of California
- Type of Filing: Active, Voluntary Petition
- Chapter: 11
- Case Number: 26-24906
- Estimated Assets: Between $1,000,001 and $10 million
- Estimated Liabilities: Between $1,000,001 and $10 million
- Estimated Creditors: Between 1 and 49
About the Company
JC Air Academy, Inc has been operating as an international flight training center specializing in professional pilot education for around two decades. Operating from Stockton Metropolitan Airport, the academy offers a variety of FAA Part 141-approved programs. These programs cater to private pilots, commercial pilot ground training, instrument ratings, ATP ground school, and flight instructors.
The company website shows that the academy focuses on international and airline pilot training, serving students from Korea, China, and India. It is also SEVP-approved for eligible international students. The academy received FAA Examining Authority approval in March 2026, allowing it to administer testing for its Private Pilot and Instrument Rating programs.
The Chapter 11 filing allows JC Air Academy, Inc. to restructure its obligations while continuing operations under court oversight.
