SKYEUROPE - The struggling central European budget carrier unveiled a near-trebling of full-year operating losses to €56 million ($71 million) as improved operating revenue and passenger numbers got wiped out by a two-thirds surge in fuel expenditure.
A dispute with its credit card acquirer helped push cash balances to just €1.3 million.
SkyEurope is also in payment default with GE Commercial Aviation Services, from which it leases most of its 15 Boeing 737-700s.
Source: Flight International
German turboprop manufacturer Deutsche Aircraft is justifying an ambitious outlook for its D328eco, arguing that there are fewer rival manufacturers pursuing the primary markets. Deutsche Aircraft, in its latest full-year financial statement, says its planning for the D328eco “assumes” sales of 1,000 aircraft, based on various market studies – a ...
Investigators are probing an in-flight oscillation at cruise altitude which affected a South African Airways Airbus A330-300 operating a domestic service. The aircraft – flying from Cape Town to Johannesburg on 27 October – had been cruising at 41,000ft when it started to oscillate in pitch, between nose-up and nose-down. ...
Pilots of a Boeing 737-800 did not notice that the aircraft’s bleed-air system was not active before the jet took off from Manchester, triggering a cabin-altitude warning that remained active for over 40min. UK investigators found that the bleed-air switches had incorrectly been left off during air-conditioning pack maintenance, and ...
