Monday, April 7, 2008
Skybus stops operating, citing slower economy, high fuel costs
Discounter Skybus Airlines shut down over the weekend, and a spokesman said the carrier plans to file for Chapter 11 bankruptcy protection on Monday. "Skybus struggled to overcome the combination of rising jet-fuel costs and a slowing economic environment," the company said in a statement. "These two issues proved insurmountable for a new carrier."
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