Has some, yes, although it looks like at least 75% of the fleet is actually leased and not owned. Looking, though, it seems like they currently have an incredibly small market cap of only $7M (with a huge spread), so maybe you could get enough "founding members" together to make a go of it. Buy out the current assets for pennies on the dollars (the leases have value too, but much less than the actual aircraft)

Are you thinking worker co-op or member co-op?