Yet anotherone bites the dust

[LN-MOW]

Foerst var det Aloha som takket for seg .. neste er charterselskapet Champion som gaar til styrt avvikling ...

BLOOMINGTON, Minn.--(BUSINESS WIRE)--Champion Air announced today that it will cease flight operations May 31, 2008.

“This is a sad day for the entire Champion family,” said Champion President and CEO Lee Steele. “The men and women of this airline have poured themselves into providing safe, reliable and pleasing service to millions of customers over our 11 years in business. Unfortunately, our business model is no longer viable in a world of $110 oil, a struggling economy and rapidly changing demand for our services. Those factors also have impeded our efforts to attract new capital and new investors. Accordingly, the management team and our board of directors have decided that the best course of action is to cease flying and to wind up our operations in a responsible, deliberate manner.”

http://biz.yahoo.com/bw/080331/20080331006223.html?.v=1

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