I just read an interesting article on this situation. Not really a shame if you think about it. Those who have airplanes have worthless airplanes that are less than capable at best. They can get their airplanes up to par but it will need a very costly list of mods and who is going to even do them? Others who put down deposits and are waiting will be out of the money completely unless they get lucky with this chapter 7 which it doesnt look like.

Looking deeper look at companies like Linear air who practically bet their existence on this VLJ..I do not know the numbers but they had a lot of money in this deal and ended up with only 2 or so of the early model worthless jets.