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Skybus goes bankrupt!

Skybus just announced that they're ceasing all operations and have declared bankruptcy. According to their website, they'll continue to close out flights today, but after that all bets are off. Being as it's 11:30 at the time of writing, I think that it's safe to say nobody else will be flying Skybus.

According to the new modified website "Passengers holding reservations for Skybus flights scheduled to depart on or after Saturday, April 5, 2008 should contact their credit card companies to arrange to apply for a refund."

At the fall of ATA earlier this week I know that I was complaining about high oil prices and the competition that pushed the budget carrier of 35 years out of business. But I didn't expect the woes to be so widespread. I would now speculate about other carriers but don't want to jinx anyone.

We'll keep you updated on what happens on this surprising news.

Filed under: Airlines, News

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