 |
This weekend, Joe Brancatelli of Joe Sent Me reported that eos had filed for bankruptcy and was set to take its last flight. The demise of eos, a NY-based all-business class carrier, comes on the heels of the December shut-down of MaxJet, another American all-business class airline. So, what does this mean for all-business class carriers? UK-based Silverjet is still active, French-based L’Avion still provides “low-fare” all-business class service to Paris, and British Airways is set to launch Open Skies, it’s “premium” transatlantic airline. However, we have already seen that pressure from airlines like BA and Virgin Atlantic has raised questions about Silverjet’s ability to compete, and as the US economy struggles and fuel prices continue to rise, there is a question as to whether business class travel will be one of the first things to go for Americans heading overseas… |
Earlier this month, it looked as though eos would secure the additional financing it needed to continue service. However, that didn’t work out as the carrier had hoped. We will have to see if the issues that brought eos down will prove to be the end of all-business class airlines, or if Silverjet, L’Avion, and others can continue to survive in a niche market within a beleaguered industry.
In the meantime, if you have an eos airline ticket, contact your credit card company immediately.
No Comments »
No comments yet.
RSS feed for comments on this post. | TrackBack URI
Leave a comment