INVESTOR NEWS
SkyEurope Holding AG: Vienna Airport stops servicing SkyEurope SkyEurope announces investment agreement with FOCUS Airlines’s flights bridge loan agreement with Chain Box Equity B.V.,
Technology, sale of winter flights, long term aircraft Bratislava/Vienna, 14/08/09 - SkyEurope Holding AG announces that Vienna lease
Airport as of 15 August 2009 stops servicing all flights of SkyEurope Airlines Bratislava/Vienna 31 July 2009 - SkyEurope Holding AG and FOCUS Equity B.V. have concluded a.s. due to non payment of open invoices.
an investment agreement for the injection of equity of up to EUR 16.5 million by FOCUS Equity B.V. subject to various conditions including but not limited to a successful outcome of the restructuring proceedings relating to SkyEurope Airlines a.s. and regulatory approvals such as by the Austrian Takeover Commission. SkyEurope Holding AG and SkyEurope Airlines, a.s. have also executed a short-term €5 million bridge loan agreement with Chain Box Technology Ltd, a company registered in England and Wales. This bridge loan agreement will be used for working capital requirements until permanent funding is secured under the investment agreement with FOCUS Equity B.V. SkyEurope Airlines, a.s. has launched the sale of its winter 2009/2010 flight timetable. SkyEurope Airlines, a.s. also signed a long-term lease agreement for two additional Boeing 737300 aircraft. By securing these two additional units, SkyEurope has completed its aircraft fleet renewal. The aircraft will be leased from Slovak carrier AirSlovakia.
*** About SkyEurope Airlines *** SkyEurope is the leading low-cost airline in Austria, Czech Republic and Slovakia. We offer passengers good value, convenient, reliable and safe flights to attractive destinations all over Europe. Over the past 12 months we have carried 3.1 million customers and this summer we are operating on 55 routes to 33 destinations in 16 countries. SkyEurope has been listed on the Vienna and Warsaw stock exchanges since 2005. information can be found on www.skyeurope.com. Further
Contact: SkyEurope Holding AG Nick Manoudakis Chief Financial Officer Phone +421 2 4850-1332 Fax +421 2 4850-1000 investor.relations@skyeurope.com www.skyeurope.com
SkyEurope Holding AG – Wipplingerstrasse 24-26 – Vienna - Austria E-mail: investor.relations@skyeurope.com; www.skyeurope.com