SkyEurope
Join Date: Apr 2008
Location: Germany
Posts: 1,208
Likes: 0
Received 0 Likes
on
0 Posts
Join Date: Jan 2008
Location: Switzerland ... oh wait: Swaziland
Posts: 798
Likes: 0
Received 0 Likes
on
0 Posts
VIE operation "temporarily" moved to BTS.
Press Releases - SkyEurope Airlines, Central Europe's first low cost low fare airline
Press Releases - SkyEurope Airlines, Central Europe's first low cost low fare airline
Join Date: Dec 2006
Location: Buckinghamshire
Posts: 297
Likes: 0
Received 0 Likes
on
0 Posts
SkyEurope will give every affected passenger a free airfare voucher for a future SkyEurope flight. Vouchers will be sent to passengers via e-mail after their flights
I know that SkyEurope are Slovakia's de factor flag carrier and there are issues of both national pride but also economic necessity of having air transport connections, but what does it take for the Slovakian regulator to do something about NE's financial situation ?
Lithuania was probably in a similiar situation - at least when flyLAL was in serious trouble a decision was taken to bit the bullet and act. Instead we have a half-dead zombie of an airline somehow staggering on but unable to admit that it's time to stop.
Maybe that ticket you bought will be honoured, maybe it won't. Perhaps acceptable in a country that has a very low average income or an island nation, but not a landlocked country in the EU.
Either NE gets the influx of cash, or it drastically cuts its costs..... or the regulator has to step in and use its legal powers.
Lithuania was probably in a similiar situation - at least when flyLAL was in serious trouble a decision was taken to bit the bullet and act. Instead we have a half-dead zombie of an airline somehow staggering on but unable to admit that it's time to stop.
Maybe that ticket you bought will be honoured, maybe it won't. Perhaps acceptable in a country that has a very low average income or an island nation, but not a landlocked country in the EU.
Either NE gets the influx of cash, or it drastically cuts its costs..... or the regulator has to step in and use its legal powers.
Guest
Posts: n/a
There is nothing really left to cut, cost-wise. 
It seems that VIE-base is probably going to be closed down, now that NE can't pay for the bills anymore. But retreating to BTS, on home-territory so to say, they probably won't have to deal with that sort of problem.
Presumeably, nobody within the management really cares anymore how all these free-, special offer-, and 19-Euro-flights are going to be honored in future. All that counts is the next departure.
As a normal company, SkyEurope would have gone down long ago; it never worked profitably ever since it started. It got bailed out a couple of times through various investors ("fresh capital" is what they called it), but in the end, it was all just accounting tricks.
Maybe they will be able to pull yet another trick one or two, and keep going for yet some more months. As they have always done.
But sooner or later the regulators, as you call them, will stop it from happening. Not that I have any sympathy whatsoever for Ryanair or Easyjet, but it's just unfair and illegal to pump taxpayers money into one airline, thereby giving it an advantage over the others. We don't have to agree upon the term "fair", but so is the European regulation, which applies also to Slovakia.
But whatever, even if nothing of that sort happens, all that SkyEurope will continue doing is to burn money.
It seems that VIE-base is probably going to be closed down, now that NE can't pay for the bills anymore. But retreating to BTS, on home-territory so to say, they probably won't have to deal with that sort of problem.
Presumeably, nobody within the management really cares anymore how all these free-, special offer-, and 19-Euro-flights are going to be honored in future. All that counts is the next departure.
As a normal company, SkyEurope would have gone down long ago; it never worked profitably ever since it started. It got bailed out a couple of times through various investors ("fresh capital" is what they called it), but in the end, it was all just accounting tricks.
Maybe they will be able to pull yet another trick one or two, and keep going for yet some more months. As they have always done.
But sooner or later the regulators, as you call them, will stop it from happening. Not that I have any sympathy whatsoever for Ryanair or Easyjet, but it's just unfair and illegal to pump taxpayers money into one airline, thereby giving it an advantage over the others. We don't have to agree upon the term "fair", but so is the European regulation, which applies also to Slovakia.
But whatever, even if nothing of that sort happens, all that SkyEurope will continue doing is to burn money.
Join Date: Aug 2008
Location: UK
Posts: 69
Likes: 0
Received 0 Likes
on
0 Posts
I'm glad I hung on!
I had my stag weekend in BTS and flew with NE from MAN, I have to say everything went well, the check in, the flights on time, the friendly professional crew. I truly hope they survive, they knock spots of Ryanair and Easy. Well done NE in an uncertain climate you came up trumps!
The aircraft was the Lithuanian registered 737-500...
I had my stag weekend in BTS and flew with NE from MAN, I have to say everything went well, the check in, the flights on time, the friendly professional crew. I truly hope they survive, they knock spots of Ryanair and Easy. Well done NE in an uncertain climate you came up trumps!
The aircraft was the Lithuanian registered 737-500...
Join Date: Oct 2007
Location: London
Age: 45
Posts: 77
Likes: 0
Received 0 Likes
on
0 Posts
You'll be fine, I'm almost certain of it! Vienna (Bratislava) to Lisbon will probably be in the middle of the night though.
My "man on the ground" informs me one of NE's 737-700s is in Luton at the moment (assume incoming from Poprad then off back to Prague). Is this the first appearance of an NG for months, or have they been sneaking in at other times?
My "man on the ground" informs me one of NE's 737-700s is in Luton at the moment (assume incoming from Poprad then off back to Prague). Is this the first appearance of an NG for months, or have they been sneaking in at other times?
Join Date: Aug 2009
Location: Paris
Posts: 4
Likes: 0
Received 0 Likes
on
0 Posts
Vienna airport halts SkyEurope flights from Saturday
VIENNA, Aug 14 (Reuters) - Vienna airport will stop servicing flights of ailing Slovak budget airline SkyEurope (SKYV.VI) by midnight Friday after SkyEurope failed to pay outstanding debt, operator Flughafen Wien said on Friday.
"Despite long and intensive talks with SkyEurope, the outstanding and due payments were not made by Friday, 3 p.m.," Flughafen Wien said in a statement. "Flughafen Wien therefore ends all services to SkyEurope by Friday, midnight."
"Skyeurope aircraft whose scheduled departure is later than that will not be handled anymore," it said, adding that it would still handle incoming SkyEurope flights.
Flughafen granted SkyEurope a grace period until Friday to pay outstanding invoices after temporarily grounding its flights on Tuesday already. [ID:LB134582] SkyEurope, which obtained creditor protection in Slovakia in June, said last month it won a new investor who was ready to inject as much as 16.5 million euros ($23.6 million) in fresh equity and also got a 5 million euro bridge loan.
The economic slowdown has hit the airline hard and its financial problems have added to the woes as it lost even more passengers because of concerns it may go insolvent. In July, passenger traffic declined by 37 percent year-on-year.
SkyEurope was not immediately available for a comment.
UPDATE 1-Vienna airport halts SkyEurope flights from Saturday | Industries | Industrials, Materials & Utilities | Reuters
It sounds really no good for SkyEurope...
"Despite long and intensive talks with SkyEurope, the outstanding and due payments were not made by Friday, 3 p.m.," Flughafen Wien said in a statement. "Flughafen Wien therefore ends all services to SkyEurope by Friday, midnight."
"Skyeurope aircraft whose scheduled departure is later than that will not be handled anymore," it said, adding that it would still handle incoming SkyEurope flights.
Flughafen granted SkyEurope a grace period until Friday to pay outstanding invoices after temporarily grounding its flights on Tuesday already. [ID:LB134582] SkyEurope, which obtained creditor protection in Slovakia in June, said last month it won a new investor who was ready to inject as much as 16.5 million euros ($23.6 million) in fresh equity and also got a 5 million euro bridge loan.
The economic slowdown has hit the airline hard and its financial problems have added to the woes as it lost even more passengers because of concerns it may go insolvent. In July, passenger traffic declined by 37 percent year-on-year.
SkyEurope was not immediately available for a comment.
UPDATE 1-Vienna airport halts SkyEurope flights from Saturday | Industries | Industrials, Materials & Utilities | Reuters
It sounds really no good for SkyEurope...
Join Date: Aug 2006
Location: Europe
Posts: 970
Likes: 0
Received 0 Likes
on
0 Posts
As a normal company, SkyEurope would have gone down long ago; it never worked profitably ever since it started. It got bailed out a couple of times through various investors ("fresh capital" is what they called it), but in the end, it was all just accounting tricks.
Maybe they will be able to pull yet another trick one or two, and keep going for yet some more months. As they have always done.
Maybe they will be able to pull yet another trick one or two, and keep going for yet some more months. As they have always done.
SkyEurope Holding AG announces that the publication of its Q3 Financial Report will be delayed by 1 week as the accounting policies and disclosure requirements have to be adopted due to the creditor protection granted to its subsidiary SkyEurope Airlines a.s.. Therefore, the company will publish its Q3 Financial Report on 4 September 2009 and not on 28 August 2009.
Btw. The initial money the carrier got in 2001 originated in part from EBRD (the European Bank for Reconstruction and Development) and EU funds. I wonder if some of the subsequent loans ("to burn") were also kind of public money?
Join Date: Jan 2008
Location: Switzerland ... oh wait: Swaziland
Posts: 798
Likes: 0
Received 0 Likes
on
0 Posts
PRG airport now says no handling and fuel until cash payment received, mess in BTS too (3-4 stucked aircraft, delays up to 6 hrs).
There are rumours about a possible action by own staff to get salaries. Their PRG-guy is on holiday, contracted PR agency says the latter is not true.
There are rumours about a possible action by own staff to get salaries. Their PRG-guy is on holiday, contracted PR agency says the latter is not true.
Guest
Posts: n/a
Right. I just read it on the Website of the Vienna Stock Exchange. Prague airport threatens that, unless they get some cash by tuesday, they won't handle any more SkyEurope-flights.
SkyEurope declined from commenting. Which is probably all the better - who wants to hear the usual bs anyway.
If their new management were straight, they'd just use whatever cash is left, pay it out to their loyal employees who stayed with them until the end, and then switch off the lights.
By the way: Does anybody know if P.Krisztina is still there? If so, would anybody go and tell her that I have definite proof she was trying to cheat me and several other Hungarian colleagues?
I still have her email, where she told me that I owe a considerable sum of money to SkyEurope, due to a mistake in tax-payments of the last year that I was working in BUD-base. She probably thought that an expatriate is too dumb to be able to cross-check her pointless claims, and would easily be scared into obliging to her claims if she threatens legal consequences.
I hope nobody else gave her any money either, but actually I don't think so.
They claimed more than eight hundred Euros from me. Of course I gave them nothing but a laugh - it's not really my problem in the first place, if their accounting can't do the calculations properly; somehow it matches the company very well though.
I discovered, during my last visit to Hungary, that, in fact, I even got a tax-rebate of nearly 200 Euros for the year 2006.
It pays, to keep all the old papers at home and to go through the trouble of visiting a government-office for an hour and a half. Having a Hungarian wife also helps some! HUAHAHAHA!
Krisztina, I hope somebody somewhere somehow charges you with fraud, and I also suggest that you look for a job at McDonalds instead - they might let you clean toilets.
Jeez, I miss the good old times in Budapest. But this piece of szar we're talking about here is not the SkyEurope that I knew anymore anyway. Rust in pieces, "relax". No sympathy for you.
SkyEurope declined from commenting. Which is probably all the better - who wants to hear the usual bs anyway.
If their new management were straight, they'd just use whatever cash is left, pay it out to their loyal employees who stayed with them until the end, and then switch off the lights.
By the way: Does anybody know if P.Krisztina is still there? If so, would anybody go and tell her that I have definite proof she was trying to cheat me and several other Hungarian colleagues?
I still have her email, where she told me that I owe a considerable sum of money to SkyEurope, due to a mistake in tax-payments of the last year that I was working in BUD-base. She probably thought that an expatriate is too dumb to be able to cross-check her pointless claims, and would easily be scared into obliging to her claims if she threatens legal consequences.
I hope nobody else gave her any money either, but actually I don't think so.
They claimed more than eight hundred Euros from me. Of course I gave them nothing but a laugh - it's not really my problem in the first place, if their accounting can't do the calculations properly; somehow it matches the company very well though.
I discovered, during my last visit to Hungary, that, in fact, I even got a tax-rebate of nearly 200 Euros for the year 2006.
It pays, to keep all the old papers at home and to go through the trouble of visiting a government-office for an hour and a half. Having a Hungarian wife also helps some! HUAHAHAHA!
Krisztina, I hope somebody somewhere somehow charges you with fraud, and I also suggest that you look for a job at McDonalds instead - they might let you clean toilets.
Jeez, I miss the good old times in Budapest. But this piece of szar we're talking about here is not the SkyEurope that I knew anymore anyway. Rust in pieces, "relax". No sympathy for you.
Last edited by Nightfire; 31st Aug 2009 at 17:32.
Join Date: Aug 2006
Location: Europe
Posts: 970
Likes: 0
Received 0 Likes
on
0 Posts
Absolutely true, that's what the official press release of PRG says:
Well, unless SkyEurope is a contemporary embodiment of a mythological Hydra (well, Greek anyway), the chances of survival must be very weak indeed.
Prague, 8/31/2009
Starting tomorrow, September 1, services will cease being provided for SkyEurope until such time as regular agreed prepayments are reinitiated. If cash is delivered during the course of the day tomorrow, our company is prepared to immediately reinitiated provision of services up to the amount of the deposit paid.
Until the present, Prague Airport has provided comprehensive services for SkyEurope connected to the processing of aircraft and passengers.
Passengers whose SkyEurope flights to not take place are recommended to contact their contract partner at SkyEurope Airlines, or use the information hotline: 296 096 096.
Starting tomorrow, September 1, services will cease being provided for SkyEurope until such time as regular agreed prepayments are reinitiated. If cash is delivered during the course of the day tomorrow, our company is prepared to immediately reinitiated provision of services up to the amount of the deposit paid.
Until the present, Prague Airport has provided comprehensive services for SkyEurope connected to the processing of aircraft and passengers.
Passengers whose SkyEurope flights to not take place are recommended to contact their contract partner at SkyEurope Airlines, or use the information hotline: 296 096 096.
Join Date: Jul 2001
Location: London
Posts: 90
Likes: 0
Received 0 Likes
on
0 Posts
all flights cancelled
All flights out of BTS today Monday 31st August are showing as cancelled, maybe this time they are dead.
Letisko Bratislava
Letisko Bratislava
Join Date: Aug 2007
Location: Scotland
Posts: 70
Likes: 0
Received 0 Likes
on
0 Posts
Well it would seem they are still perfectly willing to take would be customer's money via their website - and no mention on there of any problems over the next few days either. Not very scrupulous if they are unable to operate - even if it is only a short term interruption.