Global Airport News
Prague Airport will stop flights of troubled Slovak airline SkyEurope from Tuesday because the budget carrier has failed to pay outstanding bills, it said in a statement on Monday.
The move comes weeks after Vienna airport did the same.
Prague Airport said it would immediately resume service provided SkyEurope paid what it owed.
"Prague Airport from Tuesday will stop providing services to SkyEurope until all agreed upon payments are renewed," the operator of Prague's Ruzyne airport said.
SkyEurope, which obtained creditor protection in Slovakia in June, said last month it won a new investor who was ready to inject as much as 16.5 million euros ($23.6 million) in fresh equity and also got a 5 million bridge loan.
The economic slowdown has hit the airline hard and its financial problems have added to the woes because it lost even more passengers on concerns it may go insolvent. In July, passenger traffic fell 37 percent year-on-year.
