Next time you're on a plane, it's possible you'll no longer have the iconic SkyMall magazine as reading material. The parent company behind the whimsical, wonderfully weird catalog — a mainstay in the seat-back pocket of commercial flights for decades — has filed for Chapter 11 bankruptcy protection. As part of the process (and if a bankruptcy court grants approval), Xhibit Corp will do its best to find a buyer for SkyMall. "We are extremely disappointed in this result and are hopeful that SkyMall and the iconic ‘SkyMall’ brand find a home to continue to operate as SkyMall has for the last 25 years," said Scott Wiley, the company's acting CEO.
Launched in 1989, SkyMall saw a rise that eventually resulted in 650 million passengers...
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