Air carrier’s failure has implications for entire industry
Does the demise of all-business class carrier MAXjet Airways mean all-premium travel is a failure?
No, say wire services, but it could signal a shakeout among that group of airlines.
Britain’s Silverjet said it was benefiting from passengers defecting from MAXjet over continued reports about the latter’s shaky finances.
“A spokesman for key rival Silverjet insisted the problems at MAXjet were specific to the company and not to business-class airlines as a whole,” according to The Times of London.
All-business-class carrier MAXjet Airways halted all flights and announced it that the company had filed for Chapter 11 bankruptcy. The Virginia-based MAXjet has been offering nonstop service from London’s Stansted Airport to New York JFK, Los Angeles and Las Vegas.
“I recognize that discontinuing service during the holiday season may create significant disruption for some passengers and on behalf of the company, I deeply regret any inconvenience caused,” said CEO William Stockbridge.
MAXjet did move to help travelers who had already started their outbound travel by buying as many as 500 return tickets for those customers on rival Eos, which offers all-premium-class service between London and New York.
Report by David Wilkening
David
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