The Premier Air Charter Holdings Inc. (PREM) SEC filings page on Stock Titan provides access to the company’s regulatory disclosures, along with AI-powered summaries that help explain complex documents. Premier Air Charter, a Nevada-incorporated aircraft charter provider based in Carlsbad, California, reports its financial condition, capital structure, and material events through filings with the U.S. Securities and Exchange Commission.
Key filing types for PREM include annual reports on Form 10-K and quarterly reports on Form 10-Q, where Premier details its charter operations, revenue trends, and changes in stockholders’ equity. For example, the company has referenced its Form 10-Q for the period ended September 30, 2025, in a press release discussing revenue growth and equity improvements. These periodic reports are central for understanding how the charter business is performing over time.
Premier also files current reports on Form 8-K to disclose material events. Recent 8-K filings describe conversion agreements in which indebtedness owed by its wholly owned subsidiary, Premier Air Charter, Inc., was exchanged for Series A Preferred Stock, the designation and amendment of that preferred stock, and changes to its authorized preferred share count. Another 8-K references a press release announcing financial results for a reporting period.
On this page, users can review PREM’s Forms 10-K, 10-Q, and 8-K as they are made available through EDGAR, while AI-generated highlights point out items such as debt conversions, preferred stock terms, and other capital structure developments. The filings archive also helps track how Premier manages its obligations, equity, and reporting obligations as an OTC-traded aircraft charter company.
Premier Air Charter Holdings Inc. (PREM) said Matt Aune resigned as Chief Financial Officer and principal financial officer effective immediately on October 19, 2026, for personal reasons. The company said his resignation did not result from a disagreement over its operations, policies or practices. His 1,500,000-share nonstatutory stock option was unvested and forfeited in its entirety; he is not entitled to severance or other separation payments or benefits.
Effective October 20, 2026, the Board designated Chief Executive Officer Sandra J. Bonar as interim principal financial officer and principal accounting officer until a permanent successor is appointed. The company has commenced a search for a permanent Chief Financial Officer. Ms. Bonar will receive no additional compensation for the interim roles.
Premier Air Charter Holdings Inc. said its subsidiary, Premier Air Charter, Inc., returned two leased Cessna Citation CJ3 aircraft on October 1, 2026; the leases ended after Premier did not cure defaults asserted by the lessors. The termination does not remove Premier’s payment obligations: the lessors claimed approximately $514,557 due under the leases, including accelerated principal, interest and unpaid rent. They separately asserted approximately $266,842 owed to Williams International and Textron Aviation under engine and parts programs, which the company disputes in part.
The CJ3 return and termination of the CJ2 management arrangement left Premier operating no Citation CJ-series aircraft. The company committed to reduce its workforce from 42 to 37 employees, about 12%, separating five of ten Citation CJ-rated pilots and retraining the other five for different aircraft types. Separations were expected to be completed by October 2, 2026; management estimated no material pre-tax charges and did not expect material impairment charges. Estimates are preliminary and subject to change.
Vincent Monteparte resigned as Chairman, director and employee effective October 6, 2026, and his salary ended. The board appointed Kyle McCollum as director and Chairman effective October 8, 2026. McCollum has a consulting arrangement to provide CFO advisory services.
Premier Air Charter Holdings Inc. operates a private jet charter, management and maintenance business through its Premier Air Charter subsidiary. For the quarter ended June 30, 2026, it generated $5.8 million in revenue, down sharply from 2025, and recorded a net loss of $1.3 million. For the first six months of 2026, revenue was $13.0 million with a net loss of $2.4 million, reflecting lower charter activity after removal of the Paradigm fleet and aircraft downtime, partly offset by higher maintenance revenue and lower engine-reserve rates.
At June 30, 2026, total assets were $39.2 million and total liabilities $37.7 million, leaving equity of $1.5 million. The company had cash of $156,504, a working capital deficit of about $16.8 million, significant lease obligations and high-cost debt, including revenue purchase agreements and a large balloon payment on a 12.9% aircraft loan due September 2, 2026. Management discloses substantial doubt about its ability to continue as a going concern and notes dependence on related-party support and additional financings. Disclosure controls and procedures were assessed as not effective.
Premier Air Charter Holdings Inc. Chief Financial Officer Matt Aune filed an initial ownership report showing his equity position in the company. He reports direct ownership of 10,000 shares of common stock.
In connection with his appointment and under the company’s 2025 Omnibus Equity Incentive Plan, Aune also holds a nonstatutory stock option to purchase 1,500,000 shares of common stock at an exercise price of $0.059 per share. The option has a five-year term from the June 22, 2026 grant date, expiring on June 22, 2031, and vests in four equal annual installments of 25% of the underlying shares starting on the first anniversary of the grant date, subject to continued employment. The option agreement permits cashless (net) exercise.
Premier Air Charter Holdings Inc. appointed Matt Aune as Chief Financial Officer and principal financial officer, effective June 22, 2026. Aune previously served as CFO of Phunware, Inc., where he helped scale the business and led its Nasdaq listing.
Under an offer letter dated June 9, 2026, Aune will receive an annual base salary of $237,000 and standard employee benefits. In connection with his appointment, the company granted him a nonstatutory stock option to purchase 1,500,000 shares of common stock at an exercise price of $0.059 per share, with a five-year term.
The option vests in four equal annual installments of 25% of the shares, starting on the first anniversary of the grant date, subject to his continued employment, and permits cashless (net) exercise. The company states there are no related-party arrangements, family relationships, or reportable transactions involving Aune.
Premier Air Charter Holdings Inc. director and officer Gourdie Ross David, who serves as President, Secretary and Treasurer, filed an initial insider ownership report. The data provided shows no reported transactions, no share purchases or sales, and no derivative positions at this time.
Premier Air Charter Holdings Inc. reported higher activity but continued losses for the quarter ended March 31, 2026. Revenue rose to $7.2 million from $5.9 million, driven mainly by stronger charter sales and higher maintenance revenue as more aircraft entered service.
Despite this growth, the company posted a net loss of $1.2 million, only slightly better than the prior year’s loss. Cash was just $288,412 against current liabilities of $18.8 million, leaving a significant working capital deficit. Management states there is substantial doubt about the ability to continue as a going concern without new funding and continued support from related parties.
Debt includes high-interest loans and sizable lease obligations on aircraft. The business also faces concentration risk from a few major customers and is responding to an ongoing FAA inquiry and other legal matters, which could add costs over time.
Premier Air Charter Holdings Inc. reported strong growth in its latest annual results. For the fiscal year ended December 31, 2025, the company generated approximately $31.9 million in revenue, up from $20.8 million in 2024, a 54% year-over-year increase. Management attributes this expansion to higher demand for premium on-demand private jet charter, high-margin aviation services, aircraft management, and customized travel solutions for corporate and high-net-worth clients.
The company is focusing on expanding its fleet and improving maintenance and operational infrastructure to broaden geographic reach and route availability, supporting a stated goal of moving toward sustainable profitability in 2026. Premier frames its strategy within a global private jet charter market estimated at $13.65 billion with a projected 7.84% CAGR.
Premier Air Charter Holdings Inc. filed its annual report detailing a reverse recapitalization with Premier Air Charter and a transformation into a charter aviation business. Pro forma revenues for the year ended December 31, 2025 were $31,877,508 with a net loss of $3,865,621, reflecting fleet expansion, higher maintenance and facility costs, and interest on aircraft leases and debt. The company warns of substantial doubt about its ability to continue as a going concern and expects to rely on related parties and external financing to fund operations and growth. As of December 31, 2025, it reports 280,848,293 common shares outstanding and 49 employees, and outlines significant industry, regulatory, fuel-cost, pilot-supply and competitive risks in the private aviation market.
Premier Air Charter Holdings Inc. submitted a Form 12b-25 notice that it could not timely file its Form 10-K for the period ended December 31, 2025 due to delays obtaining and compiling required information. The company stated it will file the Form 10-K no later than the fifteenth calendar day following the prescribed due date.