If this is your first visit, be sure to check out the FAQ by clicking the link above. You may have to register before you can post: click the register link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. |
|
|
Thread Tools | Display Modes |
#1
|
|||
|
|||
Another one bites the dust.
It will get worse before it gets better. http://money.cnn.com/2006/01/02/news...ex.htm?cnn=yes Independence Air to shut down Low-cost carrier succumbs to bankruptcy, will stop flying Thursday; refunds should be available. January 2, 2006: 11:53 AM EST NEW YORK (CNN/Money.com) - Low-cost carrier Independence Air will shut down as of Jan. 5 due to bankruptcy, a company statement said Monday. FLYi Inc., the airline's parent, said in the statement refunds should be available for all customers who have tickets for flights after the company shuts down, pending approval of the bankruptcy court. The company's shares are expected to become worthless as an outcome of bankruptcy proceedings, the press release said. "To date there has not been a firm offer put forward that meets the financial criteria necessary to continue operations as is," said Independence Air chief executive Kerry Skeen in the statement. The last scheduled flight is flight 1777 from White Plains, N.Y., to Washington Dulles departing at 7:26 p.m. ET, the press release said. The company said in the statement it will offer customers who have departures scheduled while the airline is still flying, but return dates for after Jan. 5, the opportunity to change their return times at no cost. The company said it will not give refunds for free tickets or vouchers, according to the statement. Independence Air began service on June 16, 2004 and has over 200 daily departures to 37 destinations, the press release said. |
Thread Tools | |
Display Modes | |
|
|
Similar Threads | ||||
Thread | Thread Starter | Forum | Replies | Last Post |
Another one bites the dust! | Joe Curry | Air travel | 8 | November 10th, 2005 06:13 PM |
Cheap luggage bites | spamfree | Air travel | 35 | June 22nd, 2005 03:53 PM |
Costa Rica / Latin America News Bites | destiny | Latin America | 0 | June 10th, 2005 06:08 PM |
African dust blows across the Atlantic and misses Lanzarote | The Reids | Europe | 7 | February 2nd, 2005 06:15 PM |
Insect Bites | Gary Webster | Caribbean | 8 | December 7th, 2003 01:28 PM |