SkyEurope grounded

SKYEUROPE, the Bratislava (Slovakia) based low cost carrier, has filed for bankruptcy following months of concern as to its financial situation.  In June the airline went into administration having been granted protection from its creditors.  According to an announcement by the Vienna Bourse (stock exchange), the trustee of SkyEurope has filed to open proceedings due to the airline having insufficient funds to continue operating.  With regard to the UK the airline flew into Luton and Manchester.  The SkyEurope website confirms the position and states that passengers who have paid direct for their seats are unlikely to get their money back. www.skyeurope.com

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