Another one Bites the Dust

But at least AP doesn't blame the workers this time.

The announcement adds to a string of bad news for airlines, which have been hurt by a slowing economy, high fuel prices and maintenance concerns.

ATA and Aloha Airlines both stopped flying this week after filing for bankruptcy protection. American, Southwest and Delta airlines have all had to cancel flights recently to address safety concerns about some of their aircraft.

The price of fuel and the deepening recession (um, the only one denying the recession is the administration now!!) is causing airlines to go belly up.

Skybus did note something that I want to look at:

Fuel prices and the worsening economy combined to be insurmountable for a new carrier, said chief executive Michael Hodge.

"We deeply regret this decision, and the impact this will have on our employees and their families, our customers, our vendors and other partners, and the communities in which we have been operating," Hodge said in a statement.

I don't know how good an employer Skybus might have been, but the first thing they did was to note the impact this will have on their employees and their families. The employees are what makes a company. And skybus knew this and noted that contribution in the end. It's nice to know some companies can note this contribution.