Flytenow Shuts Down After Court Rules Against Flightsharing Startups

“Airplane ridesharing startup Flytenow today announced that it is shutting down after a court recently upheld the FAA’s power to regulate what does (and does not) constitute a commercial aviation operation.  This is pretty much the end of the road for services like Flytenow. Ridesharing startups like Uber were able to muscle their way into virtually every city, even when local regulations didn’t always allow them to operate there. Unsurprisingly, the FAA wasn’t going to just let this one go. Even though the Flytenow team says it plans to look into ways to appeal this decision, it seems rather unlikely that the FAA’s rules around flightsharing will get disrupted anytime soon.”

http://techcrunch.com/2015/12/22/flytenow-shuts-down-after-court-rules-against-flightsharing-startups/

Scan to Donate Bitcoin to Freedomwat.ch Staff
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin