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Old 31st Aug 2009, 20:49
  #343 (permalink)  
CaptainSandL
 
Join Date: Nov 2003
Location: UK
Posts: 495
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Looking Bleak for SkyEurope

Not looking good for SkyEurope according to this report. I hope you all get fixed up with work elsewhere. Good luck.


Struggling SkyEurope cancels Bratislava, Prague flights
(AFP) – 1 hour ago

BRATISLAVA, Slovakia — Slovak-based airline SkyEurope on Monday cancelled all afternoon flights from Bratislava and all flights as of Tuesday from Prague, both airports said.

"All SkyEurope flights left in the morning. The situation became complicated at about 2:00pm," Zuzana Hornanova from Bratislava's M.R. Stefanik airport marketing department told AFP.

"The airline cancelled all flights until 00.25 am local time (2230 GMT) due to operational reasons," Hornanova said, adding there were about 1,200 Sky Europe clients waiting at the airport.

SkyEurope wasn't available for comment on Monday.

The Ruzyne Prague airport said earlier Monday it would halt all SkyEurope's flights as of Tuesday after the airline failed to pay its debts, the airport spokeswoman Eva Krejci told AFP.

The Vienna airport halted SkyEurope's flights in mid-August for the same reason.

"SkyEurope has been paying for Bratislava airport's service on time," according to Hornanova.

The airline, listed on the Vienna Stock Exchange, said July it had found an investor who would rescue the struggling low-cost carrier that entered bankruptcy protection a month ago.

The Austrian group FOCUS Equity was supposed to invest 16.5 million euros (23.34 million dollars) in the airline, conditional on a successful restructuring process.

The company launched ticket sales for the winter season in July after adding two new Boeing 737-300 aircraft to its fleet.

The carrier announced earlier this year that its business had been badly hit by the global economic slump and that it had had to reduce its fleet to just five planes from the 15 Boeing 737s it operated in late 2008.

SkyEurope, with bases in Bratislava, Vienna, Prague and the eastern Slovak city of Kosice, never posted a profit in the six years of its existence.
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