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SkyEurope airline gets protection from creditors

25 June 2009

SkyEurope Airline AS, a Central European discount airline, said Monday it was granted protection from creditors by a court in the Slovak capital.

The company said in a statement it had asked for the ruling from Bratislava I District Court so it could carry out a reorganization plan to make the company more attractive for potential investors.

Slovak law allows companies up to nine and half months to complete reorganization under protection.

source: Forbes

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