SkyEurope reduced its operating loss in its first fiscal quarter ended Dec. 31, but nonoperating charges and taxes wound up pushing the Slovakian LCC deeper into the red. The carrier posted a €13.8 million ($18.2 million) loss in the three-month period, widened from a €12 million deficit in the year-ago quarter. It credited "significantly" improved aircraft utilization for its operational improvement. Revenue climbed 27.1% to €33.6 million against a 13.3% rise in expenses ...

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