Business news for Tue, 25 Dec 2007 & with word bankruptcy. 6 news.

MAXjet Airways, the two-year-old business-class carrier that flew between London and the US, ceased operations and filed for bankruptcy protection as fuel costs rose and demand weakened. The Dulles, Va.-based carrier - whose loss widened to $49.5...

NEW YORK - MAXjet Airways ceased operations Monday - leaving jets on tarmacs and stranding passengers on Christmas Eve - as the all-business-class airline said it would file for bankruptcy protection.

The carrier files for bankruptcy protection after it fails to secure financing to keep flying. Maxjet Airways, an all-business-class carrier that began flying nonstop flights between Los Angeles and London in August, ceased operations Monday, leaving jets on the tarmac and stranding passengers on Christmas Eve.

Maxjet Airways, the all-business-class carrier based in Dulles, yesterday ceased operations -- canceling flights on Christmas Eve -- as it filed for bankruptcy protection.

Passengers stranded on Christmas Eve; high fuel costs blamed Dulles, Va.-based MAXjet Airways ceased operations yesterday - leaving jets on tarmacs and stranding passengers on Christmas Eve - as the all-business-class airline said it would file for bankruptcy protection.

MAXjet Airways, the all-business class carrier launched two years ago, ceased operations Monday - leaving jets on tarmacs and stranding passengers on Christmas Eve.