Business News
Budget airline SkyEurope to cut routes, ground planes in winter
Jul 20, 2008, 16:29 GMT
Prague - Slovak low cost airline SkyEurope plans to trim its routes this winter due to spiraling oil prices, the idnes.cz news website reported Sunday, citing company officials.
The airline is to cut flights from Prague to Sofia and Lisbon and from Slovakia's Bratislava and Kosice to Irish and British destinations Dublin, Cork and Birmingham, the report said.
The company, which currently flies to 41 European destinations according to its website, will also slash a planned route from the Czech capital to Larnaca, Cyprus.
'We are canceling our longest flights that are understandably the most burdened by oil prices,' idnes.cz cited chief executive officer Jason Bitter as saying.
The company also plans to ground at least two from its 15 planes this winter, Bitter said.
SkyEurope has been in the red since transporting its first passenger in 2002.
COMMENT
blog comments powered by DisqusLatest Headlines in Business
- 1. US unemployment drops further, but figures disappoint
- 2. Japan stocks down as euro debt outweighs positive US data
- 3. Iraq resumes oil flow after pipeline blast in Turkey
- 4. Spanish bond auction lifts eurozone worries, sinks Japan stocks
- 5. ECB holds rates, rules out early exit from emergency measures
Older Talkback
