Merry Christmas from MAXjet!

heyheybooboo

Diamond Member
Jun 29, 2007
6,278
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Airline MAXjet Files for Bankruptcy

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)




 

Jhhnn

IN MEMORIAM
Nov 11, 1999
62,365
14,681
136
Classic engineered bankruptcy ripoff- probably perfectly legal, too...

Stockholders, creditors, employees, customers- fvck 'em all... Have your lawyer call my lawyer, and, uhh, hasta la vista, chumpistas....
 

Moonbeam

Elite Member
Nov 24, 1999
73,609
6,443
126
Maybe the thinking people of this country should start a public law firm that hounds people like this to death.
 

WHAMPOM

Diamond Member
Feb 28, 2006
7,628
183
106
Originally posted by: Moonbeam
Maybe the thinking people of this country should start a public law firm that hounds people like this to death.

OH, NO! Bush "fixed" the bankruptcy laws did he not? To screw the public :brokenheart:and make the corporate interests smile.:D
 

ElFenix

Elite Member
Super Moderator
Mar 20, 2000
102,369
8,492
126
Originally posted by: WHAMPOM
Originally posted by: Moonbeam
Maybe the thinking people of this country should start a public law firm that hounds people like this to death.

OH, NO! Bush "fixed" the bankruptcy laws did he not? To screw the public :brokenheart:and make the corporate interests smile.:D

did bush ram that law through congress? i don't remember him pimping the bankruptcy law much.

it passed the house 302-126-7, and the senate 74-25-1. hey, harry reid voted for it.



anyway, there are a lot of enron provisions in it as well.
 

Moonbeam

Elite Member
Nov 24, 1999
73,609
6,443
126
Originally posted by: ElFenix
Originally posted by: WHAMPOM
Originally posted by: Moonbeam
Maybe the thinking people of this country should start a public law firm that hounds people like this to death.

OH, NO! Bush "fixed" the bankruptcy laws did he not? To screw the public :brokenheart:and make the corporate interests smile.:D

did bush ram that law through congress? i don't remember him pimping the bankruptcy law much.

it passed the house 302-126-7, and the senate 74-25-1. hey, harry reid voted for it.



anyway, there are a lot of enron provisions in it as well.

The banks own both parties.

If the people didn't sleep they would be voted out.
 

kedlav

Senior member
Aug 2, 2006
632
0
0
Originally posted by: ElFenix
Originally posted by: WHAMPOM
Originally posted by: Moonbeam
Maybe the thinking people of this country should start a public law firm that hounds people like this to death.

OH, NO! Bush "fixed" the bankruptcy laws did he not? To screw the public :brokenheart:and make the corporate interests smile.:D

did bush ram that law through congress? i don't remember him pimping the bankruptcy law much.

it passed the house 302-126-7, and the senate 74-25-1. hey, harry reid voted for it.



anyway, there are a lot of enron provisions in it as well.

rubber stamp era: Bush didn't write it, but he championed the idea, and got us the current wonderful fuck-the-little-guy legislation in place