2008 Woodie Awards
Skybus plunges into bankruptcy
Lili Johnson
Issue date: 4/8/08 Section: Campus News
Nearly three months after opening a hub in Greensboro and almost four years in the making, Skybus is calling it quits. The airline recently went bankrupt and ceased all operations beginning Saturday, April 5.
According to the former airline's website, the carrier faced issues similar to those faced be most Americans at the moment.
"Skybus struggled to overcome the combination of rising jet fuel costs and a slowing economic environment," reads the homepage of the website. "These two issues proved to be insurmountable for a new carrier."
Customers who have already purchased tickets from Skybus must now contact their credit card companies for refunds, since the airline is in no shape to give anyone money.
Passengers booked for flights on Friday, April 4, the day before the airline stopped operations, were taken to their destinations. However, they were, and are, responsible for booking a return flight with another airline.
In addition to Skybus, two other airlines closed for similar reasons last week. ATA Airlines and Aloha Airlines have also been forced to declare bankruptcy due to financial difficulties surrounding the current economy and fuel prices.
According to the former airline's website, the carrier faced issues similar to those faced be most Americans at the moment.
"Skybus struggled to overcome the combination of rising jet fuel costs and a slowing economic environment," reads the homepage of the website. "These two issues proved to be insurmountable for a new carrier."
Customers who have already purchased tickets from Skybus must now contact their credit card companies for refunds, since the airline is in no shape to give anyone money.
Passengers booked for flights on Friday, April 4, the day before the airline stopped operations, were taken to their destinations. However, they were, and are, responsible for booking a return flight with another airline.
In addition to Skybus, two other airlines closed for similar reasons last week. ATA Airlines and Aloha Airlines have also been forced to declare bankruptcy due to financial difficulties surrounding the current economy and fuel prices.
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