SkyMall Files for Bankruptcy
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SkyMall LLC, the in-flight catalog company that sells exercise bikes that double as desks and automated ball-launchers for dogs, filed for bankruptcy as air travelers spend more time on their mobile phones and Amazon.com.
The seat-pocket marketer of more than 30,000 products reached 650 million travelers a year, according to its website. Phoenix-based SkyMall, which suspended its catalog and fired 47 employees from its call centers Jan. 16, said in a court filing that it hopes to keep up barebones operations while seeking a buyer.