 Independence Air Canadair Regional Jet (CRJ) Despite Bankruptcy Airline Will Keep Flying Through Thursday Evening, January 5th
Dulles, VA, January 2, 2006, FLYi, Inc., (Nasdaq: FLYIQ) parent of low-fare airline Independence Air (IA), announced today that because of the continued financial challenges facing the company, it will voluntarily discontinue all scheduled flights planned to depart after 7:00pm on the evening of Thursday, January 5th.
Flight 1777 from White Plains, NY to Washington Dulles departing at 7:26pm is still expected to operate on Thursday 1/5.
The company is seeking bankruptcy court approval to automatically refund customers with reservations for flights scheduled to depart beyond that time.
Customers with roundtrip reservations for trips departing before the cessation of operations (including those customers who have already departed) but were scheduled to return afterwards will be contacted by Independence Air and offered the opportunity to change their return reservations to one of the remaining days of operation. All change fees will be waived for changes made by phone. The company is also seeking bankruptcy court approval to automatically refund customers for those return flights that are not rescheduled. No refunds will be offered for free tickets or vouchers.
Customers whose trips are scheduled between now and Thursday evening should expect the same excellent service that Independence Air has become known for.
Independence Air Chairman and CEO Kerry Skeen said, “While we’ve been clear in reminding everyone that this was a possibility, we remained optimistic that there would be a way to avoid reaching this juncture. To date there has not been a firm offer put forward that meets the financial criteria necessary to continue operations as is. Therefore, we are voluntarily discontinuing scheduled service as of Thursday evening.
We offer our sincere thanks to the over eight million customers who have flown with us since the launch of Independence Air, and to the communities across America that we have served.”
Customers are urged to visit the airline’s www.FLYi.com website if they have further questions as callers to the company’s toll-free number will likely experience long wait times.
 Independence Air Airbus a319
Independence Air began service on June 16, 2004 and currently offers over 200 daily departures to 37 destinations.
Previously, IA was named and operated as Atlantic Coast Airlines (ACA). The company had operated or ordered the 132-seat Airbus A319 aircraft and 50-seat Canadair regional jets (CRJs).
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