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Low-cost SkyEurope’s air fleet shrinks by two-thirds

15 January 2009

Struggling Slovak low-cost airline SkyEurope said Wednesday its fleet had shrunk to five planes over the past few months from an original fifteen Boeing 737s it had last autumn.

SkyEurope with bases in Prague, Bratislava, Kosice and Vienna has never posted a profit in the six years of its existence.

The company listed in Vienna posted a loss of 59.4 million euros in the last financial year ending September 30, compared to 24.07 million last year, while its revenue grew 10.5 percent to 260.9 million euros from 236.2 million euros last year.

source: AFP

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