SkyEurope Posts Lost Despite Unit Cost Improvements
SkyEurope posted a loss for the first quarter despite cutting its unit costs by 10.5%. The EUR$12 million (US$14.3 million) loss was slightly lower than the EUR$12.4 million loss the carrier posted a year ago. Costs per available seat kilometer fell from 6.59 cents to 5.90 cents. The largest expense...
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