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Old 10th Feb 2009, 23:30
  #141 (permalink)  
 
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regular user

As a very regular user of NE (about 60 flights in 1 year) i found this forum while searching what happens to Sky. All that i can say is since several weeks on the line Paris Bratislava:
- planes are mixed up but mainly from Air Slovakia (one from Seagle also) and no more plane from Sky. Old planes compared to the brand new ones Sky used
- got once a B750 with the first 100 seats filled and the remaining 200 back seats empty after more than 3 hours late. Looks like the plane was unknown till the end
- had twice a free trip to Prague before going to Bratislava (2 hours late)
- had my flight booked for friday feb 20 canceled

I found the forum very interesting so i decided to give these informations. Although I like Slovakia and would like to help it is no longer possible to manage business like this and decided to switch to travel from Vienna via Niki (and taxi to Bratislava). As several other people i used to meet during my numerous flights.

Bratislava airport will be empty if Sky stops. 1 or 2 lines with Ryanair and few flights of Air Slovakia outside. May be this is the reason why they get some help from somewhere to continue.

And thanks for all the interesting informations i read tonight.
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Old 11th Feb 2009, 08:42
  #142 (permalink)  
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Bratislava airport will be empty if Sky stops. 1 or 2 lines with Ryanair and few flights of Air Slovakia outside. May be this is the reason why they get some help from somewhere to continue.
Generally, the economy tends to fill any "vacuum" in the market very quickly if someone else has to quit, whatever the reason. If Bratislava were a small secondary airport there might be a significant loss of routes, but the airport's location is too good to become deserted. I'm sure many airlines are eyeing the situation very closely, one of them being FR, that's obvious.

SkyEurope didn't have any good news yesterday:
Vienna - Ailing low-cost carrier SkyEurope reported Tuesday that passenger numbers dropped by 23.5 per cent in January, compared with the same month of the previous year.
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Old 11th Feb 2009, 10:55
  #143 (permalink)  
 
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Hzorglub,

Sky europe is flying Paris route from Vienna also where most of NGs (the ones you like) are based.
The vienna routes and schedules(on time performance) land within 15 minutes more than 85 perc of time.(check our website).

Sorry to hear you leaving us..

Capt STD
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Old 11th Feb 2009, 16:24
  #144 (permalink)  
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Well, even those of my ex-colleagues/friends who are still working for SkyEurope meanwhile all agree that the end is coming.
The question is just when. Despite all earlier predictions, SkyEurope always went on and on. I think it might still fly for quite a while, and surprise us all.
 
Old 11th Feb 2009, 18:44
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Hope so.

I will check the advice for the Vienna route. I though the difficulties were everywhere but if it's OK with Sky through Vienna why not.
In 60 trips I never had the least incident with Sky. Everything is perfect while you are in flight. Only negative point is ground service.
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Old 12th Feb 2009, 10:20
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Glad to hear you are considering our vienna service to Paris.
I am sure you will be satisfied , the ground handling is i believe much better.
If you come around any problems there please PM me with the actual facts and I will forward the problem directly to the person upstairs and i will send you the feedback.

In the meanwhile I wish you pleasant flights with us.

Capt STD
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Old 12th Feb 2009, 16:50
  #147 (permalink)  
 
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SAPO pullout?

From flight global quoting ATI I believe.

Potential SkyEurope backer SAPO splits from partner

Pete
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Old 16th Feb 2009, 19:09
  #148 (permalink)  
 
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NGs gone, Classics will be back: their fleet will grow with an ex-FlyLAL B735 (LY-AWF) soon.
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Old 16th Feb 2009, 19:17
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Due dates on 25m euros of loans from York extended from 15 Feb 2009 to 15 March 2009

Presseportal: SkyEurope Holding - euro adhoc: SkyEurope Holding / other / SkyEurope announces that the deadline for repayment of York loans has been extended to 15 March 2009.
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Old 16th Feb 2009, 19:45
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Due dates on 25m euros of loans from York extended from 15 Feb 2009 to 15 March 2009
How much money will SkyEurope earn inside this time frame... or lose perhaps?
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Old 16th Feb 2009, 21:29
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How much money will SkyEurope earn inside this time frame... or lose perhaps?
Of course they will earn nothing. This has just bought them yet another one month, that's all.
After that, there will either be yet another extension, or there won't.

Unfortunately, this is how things have become at SkyEurope.
Their last chance now is to find some cheap 737 "classics" to rent, and try to resume operations with them.
But I fear that it is probably too late. They just made too many mistakes in the past, and now, finally, the cash has run out.
 
Old 17th Feb 2009, 10:49
  #152 (permalink)  
 
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Grrr

SkyEurope`s January passengers drop by 23.5%
16 February 2009

Ailing low-cost carrier Slovakian SkyEurope reported on February 10 that passenger numbers dropped by 23.5 percent in January, compared with the same month of the previous year. The Slovakia-based airline, which is listed on the Vienna stock exchange, has said it would reduce capacity by some 19 per cent during the winter months of 2009. SkyEurope`s operating losses more than doubled to 56.1 million Euro (72.8 million dollars) in the 2007/08 business year running until September, according to preliminary figures published last November.
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Old 18th Feb 2009, 03:56
  #153 (permalink)  
 
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17.02.2009

SkyEurope Holding AG announces the further postponement of the publication of its annual financial statements for the financial year ended 30 September 2008 as SkyEurope Holding AGs management continues to assess certain material estimates in connection with these annual financial statements.
A waiting game?
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Old 18th Feb 2009, 11:24
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eu01 - I thought the 2nd postponement of releasing financial results was to 15 March ?

No idea whether it's a coincidence that this is the same day as the next loan due date

As a *purely specualtive* question, would the formal publication of the accounts for the year as signed off by the auditors showing a large loss necessitate that the relevant aviation regulator take action over the AOC with regards to the airline's financial stability ?
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Old 9th Mar 2009, 00:32
  #155 (permalink)  
 
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Flew LTN - BTS and BTS - SAW with SkyEurope last week. Both flights were well loaded and on time.

LTN - BTS was on Air Slovakia's OM-ASD with 1 x SkyEurope and 3 x Air Slovakia cabin crew. BTS - SAW was on LY-AWG with a full SkyEurope cabin crew. I assume the latter is from FlyLAL as someone mentioned earlier - does this mean they have two of these now and are they now "owned" by SkyEurope?

Good to see they are still flying... I've always had a soft spot for them.
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Old 9th Mar 2009, 10:39
  #156 (permalink)  
 
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2008/9 Q1 results

Published at the end of last month, covering the period Oct 2008-Dec 2008.

http://www.skyeurope.com/Documents/q..._report_en.pdf

Note in particular the figures for total equity and cash and equivalents, also the comments on page 16 about 'going concern' and the 'post balance sheet events' on page 17, which give details of the redelivery costs incurred.
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Old 9th Mar 2009, 11:31
  #157 (permalink)  
 
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Position looks bleak unless it can get the extra funding.

Its suppliers have provided extra credit to keep it going and it states there is 10M held by old credit card partner but ultimately a poistion gets reached where suppliers can do no more.

They have a week before finding out what happens to funding.
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Old 13th Mar 2009, 16:21
  #158 (permalink)  
 
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Annual audited accounts (previously delayed) and loans both due on Sunday 15 March. It's now the 13 March. AFAIK, the TARGET payment system for euros is open only on weekdays. Further, much of the regulatory apparatus for filing accounts, as well as stock exchange news feeds, go rather quiet at the weekend.

So - anyone heard anything ?
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Old 15th Mar 2009, 20:54
  #159 (permalink)  
 
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So - anyone heard anything ?
Frankly, it's becoming somewhat ridiculous. But here's the answer:
15.03.2009

York Global Finance II S.a.r.l. has extended the deadline for the repayment of its EUR 15 million loan granted in December 2007 and its EUR 10 million loan granted in September 2008 to SkyEurope Airlines a.s. to 15 April 2009. Both loans were due for repayment on 15 March 2009 in accordance with the loan agreements as amended.

SkyEurope Holding AG announces the further postponement of the publication of its annual financial statements for the financial year ended 30 September 2008 as SkyEurope Holding AG´s management continues to assess certain material estimates in connection with these annual financial statements. SkyEurope Holding AG's management expects that the audited annual financial statements will be published by 15 April 2009.


Further inquiry note:
SkyEurope Holding AG
Nick Manoudakis, CFO
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Old 15th Mar 2009, 21:05
  #160 (permalink)  
 
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All sounds Greek to me :
standing by for PeterPaul , or should we call you Nick ?
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