From the website
"Hoverspeed will be ceasing operations after the last scheduled sailing on the 7th of November 2005."
Looks like Speedferries have done for them. In August with a caravan they wanted over £1,000, and I can't believe that in the days of Easyjet that anyone is going to pay that much. With P&O Portsmouth packing up too, it seems odd that they can't make money out of this like they could a few years ago. The tunnel is not undercutting them. I think that with the internet etc people look for the cheapest.
We are now entering the quiet part of the year, and they do not have the freight to fall back on, so now is the time to quit. They must have had a poor summer, with no one prepared to pay a premium for their service (it saves 30 mins in a 12 hour trip so why bother) plus Speedferries. They had given up on Newhaven as it wouldn't pay too, as its too expensive for a short crossing and too short for a long crossing.
I'm glad I went on one of their Hovercrafts though
