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SkyEurope suspends all flights SkyEurope suspends all flights
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Airline Code [ESK] View More SkyEurope Airlines News 
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| SkyEurope Airlines Profile |
Tags :Continental Europe, SkyEurope Airlines, SkyEurope
The trustee, appointed by the Slovak court to oversee the restructuring process, has assessed that the company did not have sufficient funds for sustaining operations. This has come about after recent actions of suppliers and reduced passenger bookings and traffic revenue. The airline had tried to set up a bridge financing facility to remedy the liquidity shortfall, but this facility was not funded in the last moment.
All SkyEurope flights are suspended with immediate effect. SkyEurope expresses its outmost regret and apologies to the travellers for any inconvenience and assures that until the very end all efforts have been made to carry out all flights. An orderly procedure will be set up to minimize discomfort to the travelling public.
(c) Centre for Asia Pacific Aviation. Date posted: 02-Sep-09
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Other SkyEurope Airlines News
- SkyEurope suspends all flights
- SkyEurope Filing for opening of bankruptcy proceedings
- SkyEurope announces postponement of financial results
- SkyEurope announces extension of repayment for EUR15 million loan, announces postponement of financial results
- SkyEurope appoints Andras Zboray as Chief Commercial Officer
- SkyEurope reports Mar-09 load factor, appoints new Chief Commercial Officer
- SkyEurope Holding AG further postpones release of annual financial statements
- SkyEurope extends deadline for repayment of York loan
- SkyEurope reports Jan-09 traffic
- SkyEurope Holding to release financial results in mid Feb-09
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