Eos Airlines files motion to sell company

Eos Airlines said on Friday it has asked a U.S. bankruptcy court to approve a schedule for the auction and sale of the company and its assets.

Eos, a business class New York-to-London carrier, filed for Chapter 11 bankruptcy on April 26, the latest airline to fail amid record fuel prices and a weakening U.S. economy. Six airlines have filed for bankruptcy in the past five months.

Eos said it hopes to sell its business to a party interested in restarting Eos as a going concern, or to sell all of Eos' most valuable assets to one or more purchasers.

Source: uk.reuters.com

Silverjet Launches Seat Offer to EOS Passengers

Silverjet announced today a special rate offer to EOS customers following news that EOS has filed for bankruptcy.

The offer allows EOS passengers booking with Silverjet access to a limited number of seats on the airline's New York to London route for the same price as their EOS ticket, subject to terms and conditions.

Eos Airlines Bankruptcy Announcement

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.

Again, 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

Eos to fly from Newark Liberty

Eos announced today that it will begin flying between Newark Liberty International Airport and London's Stansted Airport in May.

nj.com

Eos to launch services to Dubai

All business airline Eos, which operates regular flights from Stansted to New York JFK, is to launch daily services to Dubai from July.

travel.timesonline.co.uk

Eos Ranks as Best On-Time Airline Between London and New York for Seventh Consecutive Quarter

Eos Airlines has maintained its ranking as the top on-time performer of any commercial airline between London and New York for 21 consecutive months, according to airline statistics recently published by the U.K. Civil Aviation Authority (CAA).

sunherald.com

Eos to add Stansted-Newark and Paris-JFK routes

All business-class carrier Eos Airlines has announced it will add two new routes to its network next year. The airline says it will commence flights between London Stansted and New York Newark in the spring, followed by a Paris-JFK route next autumn.

businesstraveller.com