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:
“Most events recorded in history are more remarkable than important, like eclipses of the sun and moon, by which all are attracted, but whose effects no one takes the trouble to calculate.”
—Henry David Thoreau (1817–1862)
“When the coherence of the parts of a stone, or even that composition of parts which renders it extended; when these familiar objects, I say, are so inexplicable, and contain circumstances so repugnant and contradictory; with what assurance can we decide concerning the origin of worlds, or trace their history from eternity to eternity?”
—David Hume (1711–1776)
“There has never been in history another such culture as the Western civilization M a culture which has practiced the belief that the physical and social environment of man is subject to rational manipulation and that history is subject to the will and action of man; whereas central to the traditional cultures of the rivals of Western civilization, those of Africa and Asia, is a belief that it is environment that dominates man.”
—Ishmael Reed (b. 1938)