PRIVATE JET LAWSUIT AGAINST JAY Z GETS DISMISSED!

A $137,000 private jet lawsuit against Jay-Z has been brought in for an unexpected landing -- but, the case has been dismissed.

TMZ broke the story ... Jigga was sued in 2010 for flaking on a six-figure bill after racking up 55 hours of flying time on a private jet -- and only paying for 37.

But good news for Hova, the private jet company has dismissed the case.

It's unclear exactly why -- but you can bet a private settlement was reached.

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