Skyeurope News

SkyEurope wins bankruptcy protection

25 June 2009 Press Release Airline News

SkyEurope has said it will continue business as usual after winning court protection from creditors. The Central European low-cost carrier said all tickets would be honoured and suppliers paid.The Bratislava-based airline sought bankruptcy last week to reorganize after months of trying to seek outside funding. It says its debt level has been one of the main obstacles to finding a major investor.