15-Dec-2008 6:20 PM

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

Analysis

News that SkyEurope may have found a new investor could be just what the eastern European LCC needs. The carrier hasn't 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.

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

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