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Skybus to file for bankruptcy
Another airline bites the dust.
Skybus -- home to the $10 flight -- is expected to file for bankruptcy protection Monday. Just three days ago, the airline suspended flights -- leaving thousands of ticketholders stranded. The carrier said a slow economy and rising fuel costs were behind its demise.
Skybus is the third U.S. carrier grounded by bankruptcy in a week.
Posted by Lori Stassi on April 7, 2008 11:01 AM PT | Permalink
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