Skybus Airlines will cease all operations effective Saturday, April 5.

Skybus struggled to overcome the combination of rising jet fuel costs and a slowing economic environment. These two issues proved to be insurmountable for a new carrier.

ATA AIRLINES DISCONTINUES ALL OPERATIONS

After filing for Chapter 11 on April 2, 2008 in the U.S. Bankruptcy Court in Indianapolis, IN, ATA Airlines has discontinued all operations and cancelled all current and future flights.

I dare someone to try to argue that we’re not in a recession.