[1][2] In the fiscal year 2004, Planet Airways received nearly 10% of the total revenues awarded by the Department of Defense to all qualified US carriers for domestic charters.

The PHC acquisition was created as an alternative means to provide capital to modernize Planet's aging fleet, beginning with the replacement of two recently retired aircraft.

[9] DeCamillis learned that the principal operator of PHC, Kevin James Quinn, had been disbarred as an attorney in California and was also banned by the SEC from participating in public offerings.

[10] DeCamillis reported Quinn's violation to the Securities and Exchange Commission's Division of Enforcement and cancelled PHC's planned acquisition of Planet.

On September 30, 2020, The Secretary of Communications and Transport known as SCT on behalf of the Mexican Government of President Andrés Manuel López Obrador notified the beginning of the legal abandonment process to whoever legally own one of the planes that was left behind in the International Mariano Matamoros Airport of Morelos State, located in Temixco near the Morelos's Capital Cuernavaca, Mexico.