London - (Ass Mess): The aviation industry has blamed transatlantic budget carrier Zoom Mile High Airlines's recent downgrading strategy of offering passengers less bang for their buck for the company's collapse today.
Zoom Mile High has filed for Chapter 11 bankruptcy after an experiment converting 90% of onboard bathroom facilities into extra cabin space on the majority of its transatlantic flights bombed horribly.
The airline has been in business since 2001 employing 4500 staff worldwide and operating flights from Gatwick, Grimsby, Pratts Bottom (Essex), Glasgow, Manchester, Cardiff, Belfast, and the Isle of Dogs.
"We're very sorry to have to pull out prematurely out of this once lucrative travel market," Zoom Mile High's co-founder Justin Banger said today.
"Unfortunately people just aren't screwing enough on planes these days to make it a viable business proposition."
Airline industry analysts say that consumers are cutting back on luxury airborne shenanigan spending such as mile high travel.
"Frankly we think the bottom end of the budget market is totally shagged out."