Budget airline SkyEurope fails
Budget airline SkyEurope fails - Luton Airport News
Airport news for Luton on 03/09/2009.
The airline has posted a message to passengers on its website, advising those that had bought tickets using a credit card to apply for a refund from the issuer of the card, for any unused portions of their SkyEurope tickets. It has informed those who purchased their tickets with cash, or by any means other than a credit card, that they will most likely not be eligible for refunds.
Travelers who are currently at their destinations and holding return tickets on SkyEurope will need to buy one-way tickets on another carrier at their own expense, the statement added.
SkyEurope began operations in 2002, and grew to a fleet of 12 Boeing 737s, serving 38 destinations in 19 countries throughout Europe. In 2009, through 31 July, the airline carried 2.9 million passengers, although recently it was flying with up to 25 per cent of its seats unsold.
For the year ended 30 September 2008, SkyEurope posted a net loss of €59.4 million, on sales of €260.9 million. For the six months ended 30 March 2009, the carrier’s net loss was €31.9 million, with reported revenues of just under €85 million.