TITLE

SkyEurope grounds jets and files for bankruptcy

PUB. DATE
September 2009
SOURCE
Travel Weekly (UK);9/4/2009, p6
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that Slovakia-based airline SkyEurope ceased trading in August 2009 and filed for bankruptcy. The small airline was trying to restructure and pay its debts. It was launched in 2002 and operated from Luton and Manchester, England. Reduced passenger bookings and flight revenue forced the airline to suspend flights. According to an Association of British Travel Agents (ABTA) spokesperson, the collapse reflects the holes in the consumer protection system.
ACCESSION #
44528121

 

Related Articles

  • SkyEurope raises the stakes for EC. Gray, Chris // Travel Trade Gazette UK & Ireland;9/4/2009, Issue 2879, p4 

    The article reports on the accusation of the Association of British Travel Agents (ABTA) to European Commission (EU) that the launched review of the Package Travel Directive only protects consumer of multiple travel products which is only one part of the market. It notes that the accusation...

  • Who'll get burnt? Taylor, Ian // Travel Weekly: The Choice of Travel Professionals;7/21/2006, Issue 1830, p1 

    The article presents information on the possible impact of the break-up of the Air Travel Organiser's Licence-bonding consumer protection scheme on the tourism sector in Great Britain. Tourism leaders fear that the break-up would accompany company failures in the peak season and an acute rise in...

  • £1 levy in last chance saloon. Taylor, Ian // Travel Weekly: The Choice of Travel Professionals;7/28/2006, Issue 1831, p4 

    The article reports that the Air Travel Insolvency Protection Advisory Committee in Great Britain has requested the country's ministers to again consider their decision to include scheduled carriers in a consumer financial protection scheme. According to the committee, the decision of the...

  • PROTECTING THE FUTURE. Dennis, Juliet // Travel Weekly (UK);10/17/2008, p18 

    The article offers information on the issues discussed at the 2008 Travel Convention of the Association of British Travel Agents (ABTA). Consumer financial protection and how the travel industry can deal with the fallout from a recession were taken up for discussion at the conference. White Hart...

  • You wanted a big failure...  // Travel Weekly: The Choice of Travel Professionals;8/27/2004, Issue 1733, p1 

    The collapse of city-break operator Travelscene lTD. has exposed widespread confusion in the trade on the lack of consumer protection on accommodation-only products. It has emerged that Travelscene's accommodation-only brand Citybedz, which traded under subsidiary company Austro Tours, operated...

  • 'Freudmann should resign'. Dennis, Juliet // Travel Weekly (UK);3/27/2009, p8 

    The article reports on the issue concerning the call for Association of British Travel Agents (ABTA) director Steven Freudmann to step down his position due to the collapse of the company Unpackaged Holidays in Great Britain. It indicates that Freudmann commented on the accusations against him...

  • 'ABTA must seize the initiative'.  // Travel Weekly: The Choice of Travel Professionals;8/27/2004, Issue 1733, p4 

    Anyone who thinks working for a trade association sounds dull should try a stint at Association of British Travel Agents (ABTA). It's been quite a year. Alleged fraud, high-profile business failures and now the resignation of its president. Taken in isolation, none of the crises is really that...

  • ABTAS FIVE KEY DEMANDS.  // Travel Weekly (UK);7/24/2014, Issue 2229, p71 

    The article presents certain demands of the Association of British Travel Agents (Abta) including increased capacity of airports, investment in the infrastructure of different transport methods and establishment of consumer protection reforms in Great Britain.

  • Credit crisis could spark fresh look at agents' cashflow.  // Travel Trade Gazette UK & Ireland;9/15/2006, Issue 2734, p13 

    The author reflects on the business failures of 37 member travel agencies of the Association of British Travel Agents in Great Britain. He stressed the need for operators to tighten their accounting procedure since cashflow has become significant.

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics