01 September 2009

Low-cost airline ceases operations

Low-cost airline SkyEurope has ceased operation due to ongoing financial problems.

The airline operated flights from Kosice, Bratislava, Vienna, and Prague to European airports, including London Luton and Manchester.

It has cancelled all flights and on its website today it tells customers: Ã¢â¬ÅâœWe regret for the inconvenience that have been caused to you.Ã¢â¬~

It is believed that thousands of passengers were stranded across Europe as a result of the decision.

Earlier in the week, the airline had began cancelling flights from selected airports and other airports had already halted flights because it had failed to pay debts.

SkyEurope had been struggling financially for some time, but in July said it had found an investor.

It blamed the global economic crisis for its demise, which saw it reduce its fleet from 15 aircraft to five last year.

On its website, it warned passengers who had paid SkyEurope direct, without using a credit card, that a refund may not be possible.

Ã¢â¬ÅâœIf you have ordered your flight tickets via a travel agency or organiser, you should discuss the matter with them first,Ã¢â¬~ it said.

Ã¢â¬ÅâœYou may also wish to contact your insurance provider to seek further guidance and support.Ã¢â¬~

By Bev Fearis