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SkyEurope with SAPO may have a new lease on life - perhaps as a luxury LCC


News this week that SkyEurope may have found a new investor could be just what the Central European LCC needs. The carrier has not made a profit since it started flying in 2002. It listed on stock exchanges in Vienna and Warsaw in Sep-05 and has recently been running out of cash. [1112 words]

Unlock the following content in this report:


  • Cash balance was looking precarious
  • Further concerning signs in Oct/Nov-08; Credit card issuer of concern
  • Significant capacity reduction in Nov-08
  • Base consolidation and operational restructure showing some signs of success

Graphs and data:

  • A flurry of activity
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