US business-class airline Eos has filed for Chapter 11 bankruptcy protection and said it will cease operating flights by Monday.
The firm said it had “insufficient cash to continue operations” after failing to win an investment that would have sustained the firm until 2009. Eos was launched two years ago, flying between New York’s JFK airport and the UK’s Stansted airport. Its collapse follows the demise of rival Maxjet in December 2007.
BBC News 12:14 GMT, Sunday, 27 April 2008 UK
Silverjet has business class services from London Luton airport to Newark, NJ and to Dubai.
