Independently Broke

Tuesday, November 8th, 2005 @ 7:41 pm | Business

Tom Bridge:

The best quote I ever heard about investing in airlines is that you should only do it with your mother in law’s money. Apparently the folks that spent their hard earned cash on Independence Air are about to learn that lesson the hard way as Independence has filed for Chapter 11 Bankruptcy protection in Delaware this morning.

Yeah. I was thrilled when I saw this in the Wall Street Journal this morning. I just hope they stay in business long enough to get me home and back for Thanksgiving.

Oh, and JetBlue — please start Dulles to Boston service.

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