SkyEurope Airlines conceded that it will not be profitable this financial year, which ends Sept. 30. Management told a shareholders meeting in Vienna last week that the LCC is working on maintaining its financial viability (ATWOnline, Feb. 6). CFO Nick Manoudakis said it will continue to work on cutting costs and has asked pilots to reduce aircraft speed to save fuel. SkyEurope also is open to investment from other carriers, he said. Asked by shareholders to reveal how much cash remained ...

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