euro adhoc: SkyEurope Holding
other
SkyEurope Holding AG in discussions with
Flyholding S.p.A. regarding potential strategic alliance
Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement.
Company Information
20.10.2008
SkyEurope Holding AG ("SkyEurope") entered into negotiations with Flyholding S.p.A., the holding company of myair.com, an Italian low cost airline, to explore a potential strategic alliance promoting operating synergies and economies of scale. The alliance is intended to offer travellers extended geographical reach and improved destination choice at all price levels. Operating synergies will include potential cross utilisation of aircraft capacity, cross ticket selling, facilities sharing and resource pooling at airports where both SkyEurope and Flyholding S.p.A. have a presence. SkyEurope and Flyholding S.p.A. will also explore cross equity shareholdings subject to shareholders´ approval and regulatory clearance, where required.
end of announcement euro adhoc
Further inquiry note:
SkyEurope Holding AG
Nick Manoudakis, CFO
Tel.:+421 915 782 432
mailto:investor.relations@skyeurope.com
Branche: Air Transport
ISIN: AT0000497003
WKN: A0F5WU
Index: WBI
Börsen: Wiener Börse AG / official market