SkyEurope files for bankruptcy/ceases operations in a boost for Wizz Air and Smartwings

Embattled Slovakia-based LCC, SkyEurope, which has been struggling to restructure its debts, has filed for bankruptcy and suspended operations. [2957 words]

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This report contains the following subheadings:

• Creditor protection and new investor too little too late
• Airport woes a sign of trouble
• Passenger confidence evaporates
• Boost for SmartWings and Wizz Air 
• Wizz Air continues on expansionist path; dominate Eastern European LCC
• Slovakia – an LCC dominated market
• Danube Wings to become sole operator in the domestic Slovakian market
• Ryanair to increase dominance in Slovakian international market
• Smartwings building its network
• SmartWings parent company the sole remaining bidder for loss-making Czech Airlines
• CSA Czech Airlines - Click4sky “virtual low cost”

This report contains the following charts and tables:

• SkyEurope suspends operations: 31-Aug-09
• SkyEurope suspends operations: 31-Aug-09
• SkyEurope capacity share (seats) by airport: Jul-2009
• SkyEurope traffic highlights for Jul-2009
• SkyEurope financial highlights for 3 months ended 31-Mar-2009
• LCC capacity share within Slovakia: Jan-Jul-2001 to Jan-Jul-2009
• LCC capacity share to/from Slovakia: Jan-Jul-2001 to Jan-Jul-2009
• Capacity share to/from Slovakia: Sep-2009
• Ryanair route network from Bratislava (Slovakia): Sep-2009
• LCC capacity share to/from Czech Republic: Jan-Jul-2001 to Jan-Jul-2009
• LCC capacity share within Czech Republic: Jan-Jul-2001 to Jan-Jul-2009
• Smart Wings Route Map: Sep-2009