Top News on Skyways Express

  • Sweden's Skyways to file for bankruptcy after investor pulls out


    Sweden's Skyways Express and its subsidiary City Airline have stopped operations with immediate effect, and will file for bankruptcy on Tuesday, 22 May 2012. "The...


  • Other News for Skyways Express

  • Nordic states insist SAS rescue package is not illegal aid


    SAS Group's three government owner states believe their proposed participation in the company's restructuring is based...


  • News Listings for Skyways Express

  • Nordic states insist SAS rescue package is not illegal aid

    News | 26 Nov 2012 09:35 | David Kaminski-Morrow

    SAS Group's three government owner states believe their proposed participation in the company's restructuring is based on market terms, and that their assistance will help lead to the sale of national shareholdings in the airline company.http://www.flightglobal.com/news/articles/Nordic-states-insist-SAS-rescue-package-is-not-illegal-aid-379437/
  • Sweden's Skyways to file for bankruptcy after investor pulls out

    News | 22 May 2012 07:10 | Siva Govindasamy

    Sweden's Skyways Express and its subsidiary City Airline have stopped operations with immediate effect, and will file for bankruptcy on Tuesday, 22 May 2012. "The...http://www.flightglobal.com/news/articles/Swedens-Skyways-to-file-for-bankruptcy-after-investor-pulls-out-372156/
  • Regional low-down

    News | 01 Nov 2002 00:00

    <p>The European regional sector survived the economic downturn better than many expected, but now faces a number of challenges - not least from the low-cost sector</p> <p>"I am often asked what it's like to live with the low-cost carriers. It's like wearing underpants that don't fit - ultimately a pain in the ass." So says Jim French, managing director of flybe, the former British European. His words, spoken at October's European Regions Airline Association (ERA) general assembly in Salzburg, Austria, sum up the dilemma facing the region. </p> <p>As shown in the latest 50 financial ranking of the world's leading regional carriers (see page 69) Europe's players have not fared well. While US counterparts managed to keep their operating margins just above breakeven for 2001, Europe chalked up a deficit of around 4%. Although there is a consensus that the worse is over, many ERA member presidents remain anxious that recovery will be tempered by low-cost carriers eating away at their markhttp://www.flightglobal.com/news/articles/Regional-low-down-157213/
  • SAS cuts prompt response

    News | 29 Oct 2002 00:00

    <p>Two Swedish regional airlines, Skyways Express and V&auml;rmlandsflyg, are expanding their services in response to cuts by Scandinavian Airlines (SAS). </p> <p>Stockholm-based Skyways Express, part of Saab 340 leasing specialist Skyways Aviation, is increasing its Fokker 50 fleet from nine to 16 as it introduces four new Scandinavian destinations this week. </p> <p>Skyways' chief financial officer Lars Ingman says that as SAS pulls off thin regional routes, there will be more opportunities for regional carriers. The airline also operates two Embraer ERJ-145s, but Ingman says that its first experiences of deploying the jet to major destinations from Gothenburg "did not leave the board with a very positive feeling towards further jet acquisition". The ERJs will eventually be deployed to northern Germany, he adds. </p> <p>Skyways' 340 fleet will increase to 12 next year, when it adds three that are out on lease. </p> <p>Fellow Swedish regional V&auml;rmlandsflyg is also expanding,http://www.flightglobal.com/news/articles/SAS-cuts-prompt-response-156767/
  • European regionals turn in first-half growth

    News | 07 Oct 2002 23:00

    <p>CHRISTINA MACKENZIE / SALZBURG</p> <p>Regional European airlines seem to be bucking the economic trend of their larger rivals, with many turning in respectable growth this year. </p> <p>Speaking at the European Regions Airline (ERA) Association general assembly in Salzburg last week, director-general Mike Ambrose said: "Our members can reorganise more quickly, have faster decision-making processes, more local loyalty and have not been affected by the severe downturn in long-haul and US domestic traffic."</p> <p>ERA members' scheduled traffic was up 6.3% in the first six months of 2002, while revenue passenger kilometres grew by 7%. Norway's Wider&oslash;e, for example, has posted its best results ever, recording a pre-tax profit of NKr57.15 million ($7.72 million) for the first half of 2002. It expects passenger numbers to rise by over 7% this year to 1.5 million.</p> <p>Finland's Air Botnia, a member of the Scandinavian Airlines-led SAS Group, suffered a "drastic" drop in businhttp://www.flightglobal.com/news/articles/European-regionals-turn-in-first-half-growth-155935/
  • Identity crisis

    News | 30 Sep 2002 23:00

    <p>JUSTIN WASTNAGE / LONDON &amp; CHRISTINA MACKENZIE / PARIS</p> <p>Niche route pioneers, low-cost operators or appendages of mainline carriers, Europe's regional airlines are at a crossroads</p> <p>Exactly what is a regional airline? That is likely to be one of the questions members of the European Regions Airline Association (ERA) will be asking themselves as they gather this week for their general assembly in Salzburg, Austria. To join the ERA, you once had to operate aircraft with fewer than 100 seats. Then the net was extended to include airlines operating chiefly between secondary airports.</p> <p>Now aggressive competition from low-cost carriers has led to the association changing the criterion for its 81 members to include all "short-haul airlines". There are reasons for this identity crisis. While the economic downturn has not affected European regionals as badly as their flag carrier counterparts, which depend for a large chunk of their revenue on the North Atlantic markehttp://www.flightglobal.com/news/articles/Identity-crisis-155607/