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)
“History is more or less bunk. It’s tradition. We don’t want tradition. We want to live in the present and the only history that is worth a tinker’s damn is the history we make today.”
—Henry Ford (1863–1947)