CHANTILLY, Virginia: Low fares, convenience and customer service made Independence Air popular with travelers, but not even a loyal customer base could keep the airline from falling victim to rising fuel prices and competition from other discount carriers.
After making it through the busy holiday season, the bankrupt airline announced Monday that it will go out of business less than 19 months after its first takeoff, canceling all departures after 7 p.m. Thursday (0000 GMT Friday).
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