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Sky Europe - STN WAW £6 Return All Inclusive  
User currently offlineBestWestern From Hong Kong, joined Sep 2000, 7152 posts, RR: 57
Posted (8 years 9 months 2 weeks 2 days 20 hours ago) and read 1863 times:

Sky Europe have an excellent fare sale at the moment

For example...

STN - WAW £6 return - inclusive of all taxes.


The world is really getting smaller these days
3 replies: All unread, jump to last
 
User currently offlineRJ100 From Switzerland, joined Nov 2000, 4119 posts, RR: 29
Reply 1, posted (8 years 9 months 2 weeks 2 days 18 hours ago) and read 1790 times:

I'm very interested in SkyEurope. I have heard a lot of positive things about them and I'm looking forward flying them next year (to Bratislava).

They aren't profitable yet but expect to reach this goal by 2007. Not that bad considering they are starting a lot of new routes at the moment.

Best regards,
RJ100



none
User currently offlineChiguire From Venezuela, joined Sep 2004, 2005 posts, RR: 16
Reply 2, posted (8 years 9 months 2 weeks 2 days 17 hours ago) and read 1762 times:

Quoting RJ100 (Reply 1):
They aren't profitable yet but expect to reach this goal by 2007. Not that bad considering they are starting a lot of new routes at the moment.

"Not profitable yet" is a very optimistic way to see things. They are still burning cash and made a loss of about 24million euro last year. Expected to be the around the same amount this year. Considering that they already lost around 17 million before, there is not much left from the 70 million they made with the IPO some time ago.
Shares have plunged from 6Euro to 3.95 up to about 4.50 again. No good sign at all.
If they continue like that money is out within next year and they again need some cash.
So you better fly them soon.....


User currently offlineRJ100 From Switzerland, joined Nov 2000, 4119 posts, RR: 29
Reply 3, posted (8 years 9 months 2 weeks 2 days 10 hours ago) and read 1669 times:

Yes that's actually true. But as far as I know the big part of the losses is because of extra costs due to the Emb-120 phase out. But yes, a loss is a loss.

They have started a lot of new routes recently. They need time to develop. I am sure that they will do better in 1-3 years.

A problem is definitely the strong competition.

Regards,
RJ100



none
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