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Skyways Express AB and its subsidiary City Airline AB file bankruptcy

Stockholm, Sweden - All flights cancelled

Today May 22, 2012, Skyways Express AB and its subsidiary City Airline AB canceled all flights with immediate effect and said it will file for bankruptcy during the day. It is to be noted that the small carriers are part of a Nordic airline group created by Ukrainian entrepreneur Igor Kolomoisky through his investment company Mansvell Enterprises Ltd. which has collapsed this year. "It feels...

AVIONEWS - World Aeronautical Press Agency - 1141042

AVIONEWS - World Aeronautical Press Agency
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