SkyEurope Holding AG announced an agreement with York Global Finance II for injection of €38.8 million ($49.6 million) of fresh capital into the airline as part of a €56.3 million financing package that also will include a €17.5 million public rights offering. "York believes SkyEurope is strategically positioned in highly attractive emerging European markets which offer significant growth opportunities not available in most parts of the world," York Capital Management UK ...

Subscribe to Access this Entire Article

"SkyEurope to raise €56.3 million through investment and offering" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions?

Already registered? here.