Originally posted by kpk89
Will Independence be going to their board between now and April, you think? It sounds like SWA would be the least stressful ticket to book!
Here's a quotation from an Investor's Business Daily article at
http://www.investors.com/breakingnews.asp?journalid=24064177&brk=1
<blockquote>Dulles, Va.-based Independence Air is fighting for its life following its launch five months ago: Its playbook has been shredded by soaring fuel costs and the weakest domestic airfares in a decade.
This month, Independence Air (FLYI) acknowledged publicly it may have to consider bankruptcy if it cannot make an $83 million aircraft lease payment due in January. It is talking with its lenders to reduce or defer the payment.</blockquote>
Keep in mind that "bankruptcy" isn't the same as shutting down. Even mighty United Airlines is currently oprerating under bankruptcy (Chapter 11).
Independence Air will do whatever they can to avoid bankruptcy. They've already started cutting some cities from their schedule. And if they can successfully renegotiate their aircraft lease payments, they may avoid bankruptcy. However, by April, Independence Air's schedule may look very different than today in any case.
Regarding kpk89's question about flying in April, I'd wait for Southwest to announce their flights for April. Then, I'd pick the most convenient flights at good fare from Southwest, Independence Air, or any other airline that serves the market -- as long as Independence Air looks like it's still a viable airline.