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B773ER · 04-27-2008, 01:32 PM

AP Story:

"PURCHASE, N.Y. - Eos Airlines has filed for Chapter 11 bankruptcy and will cease operations by Monday, it said Sunday.

The business class-only airline is planning to operate its final flights between London's Stansted Airport and New York's Kennedy Airport on Sunday. The Purchase-based company intends to eliminate most of its work force.

Chief Executive Officer Jack Williams said in a statement that the "challenging economic and credit environment" forced the company to file a voluntary petition for Chapter 11 bankruptcy.

The airline launched round-trip service for business travelers from New York to London in 2005. It was named after the Greek goddess of the dawn."

04-27-2008, 01:32 PM	#1
B773ER Retro Randy Join Date: Apr 2006 Location: Seattle (West Seattle) Age: 50 Posts: 3,661	EOS Airlines to Cease Operations AP Story: "PURCHASE, N.Y. - Eos Airlines has filed for Chapter 11 bankruptcy and will cease operations by Monday, it said Sunday. The business class-only airline is planning to operate its final flights between London's Stansted Airport and New York's Kennedy Airport on Sunday. The Purchase-based company intends to eliminate most of its work force. Chief Executive Officer Jack Williams said in a statement that the "challenging economic and credit environment" forced the company to file a voluntary petition for Chapter 11 bankruptcy. The airline launched round-trip service for business travelers from New York to London in 2005. It was named after the Greek goddess of the dawn." __________________