SkyEurope Airlines' new CEO said the carrier is in a "turnaround" and hopes to stem its losses and ensure financial viability. It launched out of Bratislava in February 2002 with a single Brasilia. By last September it was operating 14 737-500s and serving 44 destinations in 10 countries. It lost €24.1 million ($35.7 million) in the fiscal year ended Sept. 30, 2007 (ATWOnline, Dec. 3, 2007), and €57.3 million in the prior year. "We had a high cost base, low yields and massive ...

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