Another one gone: Eos Airlines goes out of business

After filing for bankruptcy over the weekend, Eos ceased operations on April 28.

The business-class-only airline, which operated transatlantic flights linking New York and London Stansted, announced on April 19 that the airline was to receive $50 million in financing from an existing investor, but the deal fell through. Eos said last week that the money would help Eos become profitable in 2009.

Eos has $70 million in assets and owes $34.9 million, according to Chapter 11 filing documents. Servisair, a ground service provider at airports, holds the largest unsecured claim against Eos, $744,000. Delta, United and Mexicana also are creditors.

Eos' demise follows the December liquidation of Maxjet, a carrier that also operated premium-only, transatlantic flights.

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