On March 31, 2008 SkyBus, an Ohio-based budget airline covered previously on this blog, abruptly ceased operation and grounded all planes. Those on round-trip flights were stranded as SkyBus became one of a handful of airlines to close its doors that week. "Skybus struggled to overcome the combination of rising jet fuel costs and a slowing economic environment. These two issues proved to be insurmountable for a new carrier," read an announcement on the airline's site. Though the company's goal was to save travelers as much money as possible by keeping them from paying for services they were not using, a poor economic state and a smaller number of air travelers made surviving in the market seemingly impossible for a newcomer with limited routes and schedules.
After filing for Chapter 11 protection and allowing the airlines service to stop completely, found John Weikle stated that he still stands by the concept of a no-frills airline and is doing everything in his power to make the idea work, in spite of the airline's recent financial hardships. Under Chapter 11 a service carrier has the freedom resume service if deemed fiscally possible.