One of the worst investment ideas in history.
"Clear Lanes Are No Longer Available.
At 11:00 p.m. PST on June 22, 2009, Clear will cease operations. Clear’s parent company, Verified Identity Pass, Inc. has been unable to negotiate an agreement with its senior creditor to continue operations. "
Clear was operating in 20 airports around the country, San Jose and Oakland among them, but further expansion never took off.And with the recession reducing air travel, lines are shorter than they used to be.Clear has yet to announce how it will handle its 165,000 members.
Air travelers who purchased the Clear card to speed passage through airport security have learned that the program is no more.The four-year old venture ceased operations at airports across the country Monday night.Passengers paid as much as $199 dollars for the Clear card, which was sold as a way to "fly through airport security" because the card holder had been pre-screened.