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Sky Europe seeks new investors

 
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attitudetravel



Joined: 15 Nov 2007
Posts: 358
Location: London, UK
PostPosted: Thu Sep 25, 2008 10:51 am    Post subject: Sky Europe seeks new investors If a post contains some illegal issues you may abuse on it - just click Abuse and fill the form Reply with quote
The Central European low cost carrier Sky Europe is looking for a capital injection of EUR20-30 million before the end of 2008.

Inevitably, despite running short of capital, the airline is trying to remain upbeat.

Quote:
Jason Bitter, chief executive of SkyEurope [...] still believes that the airline could make a profit next year.

The budget carrier, which operates 15 aircraft and carried 3.7m passengers over the past 12 months, is quoted at 12-1 by bookmaker Paddy Power as the next airline to go bust.


Source: SkyEurope seeks €30m to keep it flying this winter

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