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SkyEurope Holding

euro adhoc: SkyEurope Holding
Financial Figures/Balance Sheet
SkyEurope continues turnaround, reducing costs and improving margins

  Disclosure announcement transmitted by euro adhoc. The issuer is responsible
  for the content of this announcement.
3-month report/Q1 report
29.02.2008
• Reorganization shows first positive effects - Operating margins 
improved    Q1 EBITDAR and EBIT margins improve by 1.9 and 2.4 pp 
respectively despite investment in Vienna and Prague and high fuel 
prices. • Considerable start-up costs due to the reallocation of 
aircraft capacity to Vienna have been already offset in part by 
improved cost structure and higher efficiency    Build-up of Vienna 
Airport as a major base is an investment in a mature and affluent 
market • Focus on high aircraft utilisation and cost reductions 
pay-off as cost per seat falls 15.9%. Aircraft utilisation increases 
by 14.1% to 10:33 hours. • Headcount reduced from 843 to 727 
reflecting efforts to reduce headcount and improve staff efficiency •
Continued strong revenue growth up 32.2% from Q1 2007. Passengers 
flown reached 860 thousand up from 600 thousand. • Seat load factor 
at 71% despite a 54.3% increase in capacity. Yield improves by 2.9%. 
• Steven Greenway appointed as Chief Commercial Officer effective 1 
December 2007.
The whole financial Q1 report for FY 2008 you can find on 
www.skyeurope.com under "Investor relations".
end of announcement                               euro adhoc

Further inquiry note:

SkyEurope Holding AG
Nick Manoudakis, CFO
Tel.:+421 915 782 432
mailto:investor.relations@skyeurope.com

Branche: Air Transport
ISIN: AT0000497003
WKN: A0F5WU
Index: WBI
Börsen: Wiener Börse AG / official market

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Plus de actualités: SkyEurope Holding
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