Saturday, April 05, 2008

The Bus Has Stopped...

Skybus, which hoped to bring its ultra low cost structure across the country has abruptly stopped its services. It was shocking to me, and I am sure shocking to those in Columbus, OH and Greensboro, NC where the hubs were located. The cost of fuel and weakening economy led to the decision.

I don't know what is in the water. With ATA, Aloha, Big Sky, Champion Air and now Skybus are the airlines giving up? There seems to be a loss in spirit amongst those who run airlines. They aren't trying new ways to make money. They are just shutting down.

There has been a lot of talk about consolidation in the airline industry, but I am not sure this is what people were predicting. The airlines that have stopped service have done so with its creditors and employees in mind. Granted they will lose jobs, but they won't be taken through another bankruptcy again, which is painful.

Lets hope one of the big guys doesn't stop services.

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