Loading

SkyEurope: Worryingly low cash balances as losses continue

SkyEurope, which is yet to report a profit since it commenced operations in 2002, reported a net loss of EUR11.4 million in the three months ended 31-Dec-08 (a slight worsening from the EUR11.3 million net loss reported in the previous corresponding period), resulting in a negative 21.7% net margin in the quarter.

Become a CAPA Member to access Analysis Reports

This CAPA Premium Analysis Report is 2,529 words.
Become a CAPA Member

Our Analysis Reports are only available to CAPA Members. CAPA Membership provides exclusive access to in-depth insights on the latest developments in the aviation and travel industry, developed by our team of dedicated analysts located in Europe, North America, Asia and Australia.

Each report offers a fresh perspective on the latest industry trends and is available online or via the CAPA mobile app, with customisable alerts to help you stay informed and identify new business opportunities.

CAPA Membership also provides access to our full suite of tools, including a tailored selection of more than 400 News Briefs every weekday and comprehensive data and analysis on thousands of companies around the world.