Bankruptcy Lawyer Willard Utah

bankruptcy attorney Willard Utah

Why do airlines go bankrupt so frequently?

Airline bankruptcy

Airline bankruptcies happen so often that it’s a wonder people still fly. Yet the industry is still thriving, and those of us who have no other choice but to fly, keep flying. So what exactly is going on?

Skybus airlines

A few years ago, a new airline called Skybus started up in Columbus, Ohio. It promised low prices on air travel to nearby cities like Chicago, Detroit, and Pittsburgh. This was great for people living in the area because ticket prices were now half what they’d been with the other airlines.

But Skybus couldn’t hold on to its low prices forever or get enough business from these smaller cities to make it profitable. Less than a year after its start-up, Skybus went bankrupt.

Airlines going bankrupt frequently

A lot of them do survive, and those that don’t are usually small regional carriers looking to fill a niche. The main reason that airlines go bankrupt so frequently is because of the high cost of maintenance and fuel for their planes. Since they can’t charge any more for tickets than competitors already are charging, they have to find ways to reduce their operational costs while continuing to provide good service.

High cost of fuel

If a company is in business long enough, it’s bound to go bankrupt. It seems like airlines go bankrupt every other week, but why do they keep failing? A lot of people think that airlines are just poorly managed, but there are plenty of poorly managed companies that don’t end up filing for bankruptcy protection. It turns out that the intense competition in the airline industry and the high cost of fuel are the biggest factors in bringing down airliners.

If you have any questions, you can get a free consultation with the Best Attorneys in Utah.

Ascent Law LLC:
8833 South Redwood RoadSuite C
West Jordan, UT 84088
(801) 676-5506


When you need a Bankruptcy Lawyer, contact this law firm:

Michael R. Anderson, JD

Ascent Law LLC
8833 S. Redwood Road, Suite C
West Jordan, Utah
84088 United States

Telephone: (801) 676-5506
Ascent Law LLC

4.9 stars – based on 67 reviews

Recent Posts

Real Estate Attorney

Probate Lawyer

Estate Planning Attorney

Child Custody Lawyer

Divorce Lawyer

Business Lawyer

Ascent Law LLC St. George Utah Office

Ascent Law LLC Ogden Utah Office

Directions from Orem Utah to Ascent Law LLC West Jordan Utah

Directions from Holladay Utah to Ascent Law LLC West Jordan Utah

Directions from Vivent Arena Salt Lake City Utah to Ascent Law LLC West Jordan Utah

Willard, Utah

From Wikipedia, the free encyclopedia

Jump to navigationJump to search

Willard, Utah
City of Willard, with Willard Bay and the Promontory Mountains in the background

City of Willard, with Willard Bay and the Promontory Mountains in the background
Location in Box Elder County and the state of Utah

Location in Box Elder County and the state of Utah
Location of Utah in the United States

Location of Utah in the United States
Coordinates: 41°24′43″N 112°2′23″WCoordinates41°24′43″N 112°2′23″W
Country  United States
State  Utah
County Box Elder
Settled 1851
Incorporated 1870
Named for Willard Richards

 • Total 7.08 sq mi (18.35 km2)
 • Land 5.62 sq mi (14.55 km2)
 • Water 1.47 sq mi (3.80 km2)

4,350 ft (1,326 m)

 • Total 1,772
 • Estimate 

 • Density 348.58/sq mi (134.58/km2)
Time zone UTC-7 (Mountain (MST))
 • Summer (DST) UTC-6 (MDT)
ZIP code
Area code 435
FIPS code 49-84710[4]
GNIS feature ID 1447372[2]

Willard is a city in Box Elder CountyUtah, United States. The population was 1,772 at the 2010 census.[5]

No data matched by id...
No data matched by id...
No data matched by id...
No data matched by id...
No data matched by id...
No data matched by id...
No data matched by id...
No data matched by id...

Comments are closed.