Airline Skybus is the third to shut down this week. They announced the shut down on Friday. According to Skybus becomes third airline this week to close, Skybus company quotes, "the combination of rising jet fuel costs and a slowing economic environment. These two issues proved to be insurmountable for a new carrier." The airline was created in 2004 and them being a low-cost carrier they will stop operating on Saturday. ATA airlines, an Indiana based airline, and Aloha airlines are the other two low-cost carriers that shut down because of bankruptcy problems. Aloha airlines, an Hawaii airline, has even been in business for 61 years. This is too bad that the economy and gas prices has caused businesses to shut down. It is an never-ending cycle because the economy depends on businesses. When businesses have to shut down because of the economy both suffer and neither the economy nor the business gets better. I hope that no more airlines need to shut down because of the economic hard times the country is going through now.
http://www.cnn.com/2008/TRAVEL/04/04/airlines.bankruptcy/index.html
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