- Jun 29, 2007
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Airline MAXjet Files for Bankruptcy
Ho Ho Ho! We gotta go - BANKRUPT!
Wouldn't want a public flogging on the day before Christmas, would we?
Their loyal flyers responded with a collective, ""WTF??""
From Morningstar - December 10, 2007
To Infinity - and BEYOND! - or December 24, 2007 (whichever comes first)
MAXjet Airways ceased operations on Monday _ leaving jets on tarmacs and stranding passengers on Christmas Eve _ as the all-business class airline said it would file for bankruptcy protection.
Ho Ho Ho! We gotta go - BANKRUPT!
The company also announced the immediate resignations of its non-executive chairman, Ken Woolley, and directors Paul Kehoe and Roger Flynn.
Wouldn't want a public flogging on the day before Christmas, would we?
MAXjet did not immediately return calls seeking comment, but in a message posted on the Dulles, Va.-based airline's Web site, president and chief executive William Stockbridge apologized.
"With today's fuel prices and the resulting impact on the credit climate for airlines, we are forced to take this drastic measure," Stockbridge said. "We are extremely saddened to discontinue a service that we so passionately believe in, and we thank our loyal flyers."
Their loyal flyers responded with a collective, ""WTF??""
From Morningstar - December 10, 2007
?We thank our customers for their loyalty. Our advance bookings remain strong and our flight performance has been stellar. MAXjet customers know great value when they see it, and our Business Class offers a unique combination of comfort and price. We look forward to serving our customers during the busy Christmas season, in 2008 and beyond,? said Bill Stockbridge, MAXjet CEO and President.
To Infinity - and BEYOND! - or December 24, 2007 (whichever comes first)