Wednesday, March 31, 2010

Airline Shuts Down In Canada

Skyservice Airlines, which flies on behalf of tour operators, is shutting down. The charter carrier will announce Wednesday that a receiver will be appointed to oversee the winding down of the debt-laden company, industry insiders said Wednesday. The closing of Skyservice comes after Sunwing Travel Group, which has its own planes, merged recently with Signature Vacations. Sources say Sunwing had held talks with Skyservice for an early cancellation of the charter airline's deal to continue flying on behalf of Signature until 2013.
Founded in 1986, Skyservice employed more than 1,200 employees and operated more than 20 planes. Its fleet includes the Airbus A330, A320 and the Boeing B757.
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3 comments:

  1. AnonymousMarch 31, 2010 at 7:00 PM

    I keep hearing that Canada is in very good shape from the Mass media. Guess they are wrong. Some of you Canadians should tell us the truth. C'mon Scott put it out there.

    ReplyDelete
  2. AnonymousMarch 31, 2010 at 8:06 PM

    What the real kicker is that when this news aired on the TV during the regular news program, it went something like this:

    Breaking new: Canadian airline collapses

    Piece immediately following that: Canadian economy improving

    At least, this was the case in my city's noonday news program.

    ReplyDelete
  3. Economic AnalystMarch 31, 2010 at 8:13 PM

    Canadians view this
    Here

    ReplyDelete

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