By the way; SkyEurope has improved its results! The carrier just announced the preliminary results for Q4 of the 2007 fiscal year, showing the fourth quarter operating profit of EUR 14.325 mln, from a loss of EUR 6.580 mln in Q4 2006.
"Full-year financial target guidancewill be achieved with a record Q4 EBIT profit of more than EUR 14.3 mln." - CEO Christian Mandl told a conference for investors today.
• Revenue increasing by 22.1% during Q4, passengers flown reaching 1.1 million up from 991,000 despite less average aircraft in the quarter, the revenue per available seat kilometre improves 15.7% in Q4 2007 and 11.5% on a YTD basis.
• Aircraft utilisation increases by 9.1% during the quarter to 12:25 hours (up from 11:23 hours in Q4 2006) with continued focus put on high asset utilisation.
• Steven Greenway (ex Virgin Blue) will be appointed as SkyEurope’s Chief Commercial Officer effective 1 December 2007.
New strategy pays off?