Why This CEO Wants to Save SkyMall

Scott Jordan wants to save the in-flight catalog SkyMall, but right now the airlines aren't returning his calls, he told CNBC on Monday. SkyMall filed for bankruptcy protection earlier this year and Jordan, CEO of ScotteVest, plans to bid for its assets during an auction later this month. "SkyMall's value is entirely dependent, in my opinion, upon deals with all the airlines and unfortunately most if not all the airline contracts with SkyMall have expired or are up for renewal/renegotiation," he said in an interview with "Closing Bell."