Transport ministry considers withdrawing licence of airline Air Slovakia.

By bne IntelliNews April 9, 2010
The transport ministry could withdraw the operating license of air carrier Air Slovakia , spokesman for the ministry Stanislav Jurikovic declared. He explained that so far the company had not demonstrated to the ministry its capacity to financially support its air transport operations. Currently, Air Slovakia is only able to rent its two planes to other companies since the suspended license did not allow it to run its own flights. As we reported earlier, the ministry suspended the license of the airline on March 4 after the civil aviation agency invalidated the air operators certificate of the company. Jurikovic noted that suspension of the operating license could last no more than three months and after that it would be withdrawn lacking a proof for the financial soundness of the companys operations. Air Slovakia transported 56,541 passengers in 2009, down by 77.5% y/y. The company is currently in a restructuring procedure under a Mar 31 ruling of the Bratislava regional court, initiated by the airline debtors.

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