Zoom Airlines, a Canada-based low-cost carrier, abruptly shut down and began bankruptcy proceedings yesterday, leaving passengers from Vancouver to London stranded.
According to an article on CBC.ca, Zoom said the rising costs of fuel and a weakened economy over the past year forced it to ground its planes.
On their website, Hugh and John Boyle, the founders of Zoom, direct their travelers to other airlines for re-accommodation and made this statement: "We deeply regret the fact that we have been forced to suspend all Zoom operations. It is a tragic day for our passengers and more than 600 staff.”
