Eos Airlines files bankruptcy

Sun Apr 27, 2008 2:47pm EDT
 
[-] Text [+]

NEW YORK (Reuters) - Eos Airlines, which offers business class flights between New York and London, said it has filed for Chapter 11 bankruptcy protection, becoming the latest carrier to fail in the face of record fuel prices and a softening economy.

Eos said it would stop operations entirely on April 27, cutting most of its work force.

Eos joins a number of other carriers to shut down in recent weeks, including Aloha Airlines, Champion Air, ATA Airlines, Skybus Airlines.

Eos filed for bankruptcy protection on April 26 in the U.S. Bankruptcy Court in the Southern District of New York.

(Reporting by Paul Thomasch, editing by Richard Chang)

 
Trading specialists work on the floor of the New York Stock Exchange trading shares of Goldman Sachs, in New York, April 14, 2009.
Was Goldman's trading software stolen?

A Russian immigrant is held on federal charges of stealing computer codes that generate millions of dollars in stock and commodity trading revenues. According to sources the firm is Wall Street behemoth Goldman Sachs  Blog | Full Coverage 

Photo
Join the Reuters Consumer Insight Panel and help us get to know you better

Join the Reuters Consumer Insight Panel and help us get to know you better