ZOOM, a Canadian LCC flying Europe-Canada routes announced that it will cease operations as of August 28th.
http://www.flyzoom.com/
Zoom Airlines sincerely regrets to advise its customers that it has suspended operations with effect from 18:00 UTC on Thursday 28 August.
All flights scheduled to depart from have been cancelled and Zoom's aircraft have been grounded.
Both Zoom Airlines Inc and Zoom Airlines Ltd, the Canadian and UK airlines, will be filing for insolvency proceedings in their home countries today.
http://www.flyzoom.com/