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FlyMe cancels the flights and is going to file for bankruptcy

Rome, Italy - The Swedish airline does not get the necessary funds

FlyMe, Swedish low-cost airline, since March 2nd has cancelled all the expected flights, warning via SMS the 2,500 involved customers, and has declared it is going to file for bankruptcy. Following the financial problems reported in the third quarter of last year (net losses of about USD 9 m), the parent company FlyMe Europe has uselessly tried to obtain the necessary funds in order to support the...

AVIONEWS - World Aeronautical Press Agency - 1070682
Rome, Italy, 03/06/2007 14:22
AVIONEWS - World Aeronautical Press Agency

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