Sorry, frequent flyers: You might have to look elsewhere for your wine glass holder necklaces and glow-in-the-dark toilet seats. Everyone's favorite in-flight catalog, SkyMall, filed for Chapter 11 bankruptcy protection Thursday, The Wall Street Journal reports.
SkyMall LLC, parent company Xhibit Corp., and other affiliates are looking for a bankruptcy-court supervised sale of their assets. SkyMall earned $33.7 million in 2013, but just $15.8 million for the first nine months of 2014.
"With the increased use of electronic devices on planes, fewer people browsed the SkyMall in-flight catalog," acting CEO Scott Wiley said in court papers.
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