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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.