Business Travel Tips

On Christmas Eve all-Business Class Maxjet Airways ceased flights. The airline which started the operations in 2005 and had been offering “all-premium” flights between London and New York, Las Vegas and Los Angeles, filed for bankruptcy protection.

Maxjet stated it took such a drastic measure because of soaring fuel prices and the deteriorating credit market.
However analysts say Maxjet could not compete with American Airlines, which started service between New York JFK and London Stansted — one of Maxjet’s crucial routes, in October. American Airlines would offer a better frequent-flier program, more efficient aircraft with upgraded business class seats, corporate contracts and over all 20 flights daily to three London airports. So, high fuel prices would be only a contributing factor that led Maxjet to cease the flights.

As meanwhile, Continental Airlines and Silverjet — another all-business class carrier, said they would honor limited numbers of Maxjet tickets, Maxjet would be working with its rival, the all-business class Eos Airlines to find alternative routes, also advising customers who had booked tickets to seek refunds from their travel agency or credit card company. (source)