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Investor found: Struggling SkyEurope signs equity investment agreement


SkyEurope Holding signed two separate financing agreements on 31-Jul-09 to provide additional liquidity for its operations, a significant and positive step for the struggling LCC, which has been operating under creditor protection since Jun-2009. [828 words]

Unlock the following content in this report:


  • And a bridging loan agreement too
  • Making the most of creditor protection
  • Capital cut approved to better reflect capital position
  • Trade licence extended
  • Shrinking to meet demand levels in current environment
  • Keeping quiet about CEO resignation

Graphs and data:

  • SkyEurope traffic highlights for Jul-2009
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