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JetAmerica Crashes And Burns (Business Plan-Wise)

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JetAmerica, the ultra-low-cost airline (think $9 fares), the back-from-the-dead kissing cousin to SkyBus, has ceased to exist before taking a single passenger aloft, reports Jaunted. The carrier was unable to secure landing rights at Newark International Airport, and will be issuing refunds to all customers. Sad. US travelers deserve an American version of RyanAir. Then they'll really have something to complain about.

JetAmerica Will Not Be Jetting Anywhere Ever [Jaunted] (Thanks to Jaspreet!)

From ConsumerReports.org:

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