UPDATE 1-Regal Jets files for Chapter 11 bankruptcy

Thu Feb 26, 2009 1:52pm EST

* Files for Chapter 11 protection

* Lists assets of $10 mln to $50 mln

* Lists liabilities of $100 mln to $500 mln

Feb 26 (Reuters) - Regal Jets LLC filed for bankruptcy protection in a Delaware court on Wednesday, court filings showed.

The Dallas, Texas-based company listed assets in the range of $10 million to $50 million and liabilities in the range of $100 million to $500 million in its Chapter 11 filing.

Regal Jets listed less than 100 creditors in documents filed with the court. (Reporting by Santosh Nadgir in Bangalore; Editing by Himani Sarkar)

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