The Deal
Saturday, November 21, 
7:37 am

Skybus sets departure date

  Share     E-Mail    Discussion    Print Story

Skybus Airlines Inc. of Columbus, Ohio, has set May 22 as its takeoff date. In March, Dealscape reported that the startup carrier had set May 20 as its launch date. In addition to scheduling its takeoff, the airline announced its destinations and fares. The ultralow-cost carrier will start service with four Airbus A319s from Columbus to Burbank, Calif., Portsmouth, N.H., Bellingham, Wash., Kansas City, Mo., Richmond, Va., Fort Lauderdale, Fla., and Greensboro, N.C. Oakland, Calif., service will start in June. Fares will start at $10 each way, and they are capped at $330 each way for a last-minute walk-up fare. Skybus is not only taking a cue from the bus business with its fare structure, but it will also place advertising on the side of its planes. If the fares seem unbelievably low, that's because Skybus will generate additional revenue by charging to check bags and for beverages and food. As a Southwest Airlines spokeswoman told The New York Times, on Skybus, “other than using the restroom, everything comes with a fee.” —Matthew Wurtzel

See story from The New York Times
See earlier post

Continue reading below

Also on Dealscape





Post a comment





The Deal Pipeline

Deal Video


Inside The Deal: Avaya Inc.'s Mohamad Ali on the company's next target.


More video...

Crisis On Wall Street
Technology
Deals of The Decade

Community

Industry Insight

Managing your shareholder base

Growth companies and their PE sponsors should be wary of the pitfalls that arise when they layer on tiers of preferred stock.


Industry Insight

Easing the stress of distressed M&A

Corporate buyers face numerous complexities when trying to identify the right moment to purchase a distressed asset.


Editor's Note

Editor's letter: Nov. 16, 2009

Beneath the veneer of Wall Streeters beats the same heart, stirred by the same determinants of behavior.


footspacer.jpg footspacer.jpg footspacer.jpg footspacer.jpg footspacer.jpg


©Copyright 2009, The Deal, LLC. All rights reserved. Please send all technical questions, comments or concerns to the Webmaster.