2008 Financial Difficulties
On August 27, 2008, an aircraft leased to Zoom was grounded at Calgary International Airport when the owner cancelled the lease agreement. The fuel supplier would not refuel the aircraft due to outstanding debts. Zoom subsequently announced it had requested creditor protection.
Read more about this topic: Zoom Airlines
Famous quotes containing the words financial and/or difficulties:
“The woman who does her job for society inside the four walls of her home must not be considered by her husband or anyone else an economic “dependent,” reaching out her hands in mendicant fashion for financial help.”
—Mary Barnett Gilson (1877–?)
“Let us consider that we are all partially insane. It will explain us to each other; it will unriddle many riddles; it will make clear and simple many things which are involved in haunting and harassing difficulties and obscurities now.”
—Mark Twain [Samuel Langhorne Clemens] (1835–1910)