Verified Identity Pass, a company that promised to speed passengers through airport security checkpoints for an annual fee, shut down Monday night, leaving some fliers looking for options to avoid long screening lines.
Officials of Verified Identity Pass said they weren't able to negotiate a deal with its creditors, which it needed to continue operating. Its service, Clear, stopped operations abruptly. A statement posted on its Web site, verifiedidpass.com, said the company could not issue refunds to current members.
Clear originated with Registered Traveler, a program set up by the Transportation Security Administration. It was instituted when security lines swelled after 9/11. But the service ran into trouble, as the TSA attempted to balance a desire to cut wait times while ensuring proper screening.