Eos: Major turbulence

It may be simply that it’s hard to build a business model based on an oxymoron. In any case, high-cost, low-price business-only airlines don’t seem to be able to fly with oil at $120 a barrel. Eos, the US company viewed as the market leader in that niche segment, just filed for bankruptcy. It couldn’t find the E50m it said it needed to make it profitable next year. Eos’s fall follows UK carrier’s Maxjet, which collapsed last December. Silverjet, the UK airline, is still flying. But it is losing...