Budget airline Zoom bites the dust

LONDON - Budget airline Zoom has collapsed with its planes grounded in Scotland and Canada. Zoom is the latest airline to suffer under the pressure of high fuel costs. The line employed 600 people in the UK and Canada and all have lost their jobs. Passengers who booked direct with the airline through its website must try to get their money back from their credit card companies.
A statement from the airline posted on its website Thursday night said it deeply regretted the inconvenienced caused to passengers and employees, and blamed the rising cost of fuel for its failure.

read more


(source David Brown eTN)