Ohio Based Airline Bankrupt
I’ll try not to make a crack about broken things from Ohio, but this story is begging for it. I wrote about Skybus and their $10 airplane ticket over here. At the time I remember thinking that if they could survive for a couple of years they just might make it.
Apparently they did not. You can see the full announcement here or just read the following:
“Skybus struggled to overcome the combination of rising jet fuel costs and a slowing economic environment. These two issues proved to be insurmountable for a new carrier.
We deeply regret the impact this decision will have on our employees and their families, customers, vendors, suppliers, airport officials and others in the cities in which we have operated. Our financial condition is such that our Board of Directors felt it had no choice but to cease operations.”