SkyEurope airline gets protection from creditors
25 June 2009SkyEurope 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
