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April 28, 2008

Yet another airline calls it quits

Eos Airlines, a Purchase, N.Y.-based carrier that specialized in “premium class” service from New York to London filed for Chapter 11 bankruptcy on April 26, announcing that it would cease operations the following day.

The company posted this message to consumers on its Web site, including advice for ticketholders.

For general advice on what to do when an airline goes bankrupt (an unfortunate trend in recent weeks), please see this earlier blog post.

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Consumer Reports' money reporters, editors, and testers will quickly report on new developments and trends.

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