EOS shuts down
04-26-2008 | 07:03 PM
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EOS shuts down
</STRONG>April 26, 2008
To Our Valued Guests,
The relationship we have is very special. You have shown a true appreciation for the commitment and service that defines Eos Class and it has always been our pleasure to deliver Eos Class service to you. The sense of camaraderie and level of engagement we've developed together transcends the traditional airline space.
Our unique relationship makes it all the more difficult to share with you the news that Eos has filed for bankruptcy in the U.S. Bankruptcy Court in the Southern District of New York. On April 26, 2008, we plan to operate Flight 6 (8:30pm) from JFK to STN. On April 27, 2008, we plan to operate Flights 3 (1:00pm) and 7 (6:30pm) from STN to JFK. Flight 5 from STN to JFK and all flights from JFK to STN on April 27, 2008 are canceled. We will cease operations entirely after April 27, 2008.
This announcement is particularly regrettable since we have achieved so much, including having a term sheet in hand for additional financing. Clearly, even in today's challenging economic and credit environment, investors believe in Eos. Unfortunately, some issues arose that prevented the parties from moving forward.
We sincerely apologize to those of you who have travel planned in the days ahead. Eos Guests should seek alternative arrangements for travel and should contact their credit card companies or travel agents directly for information about how to obtain a refund for unused tickets.
For our Club 48 members, unfortunately, in the face of this bankruptcy filing, you will no longer be able to redeem your points for rewards. Any value related to your membership will be determined by the court as part of the bankruptcy process.
Additional information is available at the following links:
Customer InformationSupplier InformationMedia InformationGeneral InformationAgain, we apologize and thank you for everything, especially for being our Guests.
Sincerely,
Jack Williams, President & Chief Executive Officer
Dave Spurlock, Founder and Chief Commercial Officer
Tom Martin, Chief Financial Officer
Gil Morgan, Chief Operations Officer
Adam Komack, Chief Lifestyle Officer
John Turnipseed, Chief People Officer
Jim Prebil, Chief Information Officer
John Morgan, SVP, EMEA
Andy Menkes, SVP, Sales - Americas
Another one down, this is flat out scary.
04-28-2008 | 05:48 AM
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