History
Zoom Airlines Limited was founded in the summer of 2006 as a low-fare transatlantic airline. The carrier, based in London, was conceived by two Scottish brothers Hugh and John Boyle, to fill an emerging opportunity in the UK-US leisure travel market.
During the summer of 2006, the Bank of Scotland Growth Equity acquired a minority stake in Zoom Airlines Inc. as part of a £5.7m investment package. The Bank of Scotland Growth Equity’s investment provided the additional funds for the start up of the UK airline now called Zoom Airlines Ltd.
In the summer of 2007, Zoom Airlines Ltd commenced flights to Bermuda and New York.
In December 2007, Zoom Airlines Ltd announced two new US routes to San Diego and Fort Lauderdale, due to commence in summer 2008.
On 28 August 2008, Zoom announced that they were ceasing operations due to rising oil prices. All aircraft will be returned to their respective lessors and all flights have been cancelled.
Read more about this topic: Zoom Airlines Limited
Famous quotes containing the word history:
“All history is a record of the power of minorities, and of minorities of one.”
—Ralph Waldo Emerson (1803–1882)
“It’s not the sentiments of men which make history but their actions.”
—Norman Mailer (b. 1923)
“The one duty we owe to history is to rewrite it.”
—Oscar Wilde (1854–1900)