• Sweden edition
Swedish airline Skyways files for bankruptcy

Swedish airline Skyways files for bankruptcy

Published: 22 May 2012 07:07 GMT+02:00
Updated: 22 May 2012 07:07 GMT+02:00

"Skyways Express AB with its daughter company City Airline AB have today been forced to stop all payments," the company said in a statement issued on the company's website.

"As a consequence all flights have also been cancelled with immediate effect. Both companies will apply for bankruptcy in the morning."

The airline advised passengers with reservations on flights scheduled to depart on Tuesday to avoid going to the airport, as there are no longer any scheduled Skyways departures.

The airlines flew to around 20 destinations mainly in Sweden, but also serviced a number of European cities, including Helsinki, Copenhagen, Prague, Riga, Tallinn, Kiev, Birmingham, Manchester, Lyon and Zurich

The company explained that Skyway's owners "decided not to fund the company any longer", prompting the decision to suspend all payments and cancel all flights.

“It feels very sad for the company and for our passengers that will be immediately affected. It is also very sad for the personnel also at risk to lose their jobs," Skyways CEO Mikael Wångdahl said in a statement.

Sweden's main airport Arlanda alone had 31 cancelled flights Tuesday due to the bankruptcy, and Swedish public radio reported that some 12,000 people held tickets for scrapped flights.

Around 350 pilots, flight attendants and ground personnel were at risk of losing their jobs, it reported.

"I was supposed to fly to Stockholm with Skyways but was told at the check-in at around 6am that Skyways had gone bankrupt and that our plane would not be going to Stockholm," Sven-Åke Svensson told the radio at the airport in central southern town of Jönkoeping.

In neighbouring Denmark the Cimber Sterling airline filed for bankruptcy at the beginning of the month, and according to Swedish public radio, higher fuel prices were likely the main reason the small airlines in the region were going belly-up.

AFP/The Local (news@thelocal.se)

Don't miss...X
Left Right

Your comments about this article

16:12 May 22, 2012 by SimonDMontfort
I liked the routes Skyways used to operate - they were so convenient.

The news is very sad for the employees and shows how acute the problems are in running an airline as (I think) SKyways only had 23 aircraft
18:46 May 22, 2012 by sunnchilde
With rising costs and falling revenues one wonders how any airline can survive now a days. Air travel is necessary of course, but I wonder for how much longer routine flights will continue. How can an airline survive if only half the seats are filled? Owning, fueling and operating an aircraft is VERY expensive. Even sitting on the tarmac doing nothing, that aircraft is bleeding you dry. It reminds me of something Richard Branson (of Virgin Airways) said. "You want to be a millionaire? It's easy. Start with a billion dollars. Own an airline. Soon, you'll be a millionaire."
22:51 May 22, 2012 by Smokebox
I use to fly them and SAS for local flights from Stockholm. To much of a hassle and the costs getting higher each time. The train is so much easier.
Today's headlines
'The concept of race is a slippery slope': Ullenhag
Integration Minister Erik Ullenhag. Photo: Pontus Lundahl/TT

'The concept of race is a slippery slope': Ullenhag

Integration Minister Erik Ullenhag tells The Local why he plans to remove the term "race" from all Swedish law, how he responds to his critics, and why Sweden must steer clear of xenophobia. READ  

Sweden's tourism figures on the rise for 2014

Sweden's tourism figures on the rise for 2014

Tourism in Sweden is on the rise, with the first half of 2014 seeing a boom in visiting figures for both domestic and foreign tourists. READ  

Northern Dispatches
How I tackled northern Sweden's savage insects

How I tackled northern Sweden's savage insects

Ex-Londoner Paul Connolly has just survived a northern Sweden heat wave. But it wasn't the high temperatures that were the real problem, he recounts. READ  

What's On in Sweden - Pride Parade

What's On in Sweden - Pride Parade

Saturday marks the Stockholm Pride Parade, the biggest event of Pride Week (and the biggest Pride Parade in Scandinavia). Here's what to see and where to be, as well as plenty of other activities in Sweden's three biggest cities for the weekend. READ  

Railway fatalaties on the rise in Sweden
File photo: Carl Dougge/Flickr

Railway fatalaties on the rise in Sweden

Even though Sweden's Traffic Agency has drastic plans to reduce the number of people killed by trains in Sweden, a new report shows that figures are on the rise. READ  

Woman finds Ikea bags stuffed with 80 skeletons

Woman finds Ikea bags stuffed with 80 skeletons

UPDATED: A woman in southern Sweden is furious after stumbling upon scores of skulls and human bones inside Ikea bags in a church. The man who dug up the bones, however, says it's not as bad as it looks. READ  

Swedish Wikipedia jumps to second biggest

Swedish Wikipedia jumps to second biggest

There are now more Swedish Wikipedia entries than any other language in the world, besides English. And there's one Swede who's largely responsible. READ  

Assault with iron pipe 'no hate crime': police
The aftermath of the attack in Seved, Malmö on July 6th 2014. Drago Prvulovic / TT

Assault with iron pipe 'no hate crime': police

Police in southern Sweden have concluded that a man who was beaten with an iron pipe for hanging an Israeli flag in his window was not a victim of a hate crime. READ  

AstraZeneca hikes earnings outlook
Photo: Claus Gertsen/TT

AstraZeneca hikes earnings outlook

After fighting off a fierce takeover bid from Pfizer, Swedish-British drugmaker AstraZeneca raised its 2014 earnings outlook and posted rising second quarter sales on Thursday. READ  

Race to be scrapped from Swedish legislation
Integration Minister Erik Ullenhag meets children in Husby, Stockholm. Photo: Jonas Ekströmer/TT

Race to be scrapped from Swedish legislation

The Swedish government announced that it plans to remove all mentions of race from Swedish legislation, saying that race is a social construct which should not be encouraged in law. READ  

Stockholm demonstration against Israel
Stockholm Pride bars Sweden Democrats
Gender neutral pronoun 'hen' enters dictionary
Top ten cafes in Stockholm
People-watching - Stockholm Pride
Blog updates

31 July

Calling a speedo a speedo (Blogweiser) »

"There are a lot of speedos on Europe’s beaches. Some European males are evidently more comfortable sporting small, stretchy suits on public beaches than I would be. I accept it may be nice to have swimwear that’s not long and cumbersome. A speedo is maybe also good for tanning. But strolling around town in a..." READ »


27 July

Approaching Stockholm (Around Sweden in a kayak) »

"I woke up in the comfort of my own little cabin on Eva and Rolf’s boat, it was 7:30am and I was feeling a bit groggy after a couple of beers with all the lovely locals the night before. The previous day had really taken its toll on my body and I was very stiff and..." READ »

Photo: Henrik Trygg/Imagebank Sweden
Sweden worst in EU at getting foreigners jobs
Stockholm Pride kicks off
The top six ways the US and Sweden differ
Swedish youth suicides hit 25-year high
Politician reported for selling 'negro ball'
Police turn blind eye to Swedish 'slave trade'
Stockholm Pride: Allsång på Skansen with Conchita Wurst
Sponsored Article
Introducing... ID cards and permits in Stockholm
People-watching, June 26th - 28th. Get inside Stockholm's hottest nightclubs
Top ten Swedish taboos
Seven-year-old Swede cycles to Berlin
'Gaza conflict needs help, not empty rhetoric'
Swedes voted 'most beautiful' in the Nordics
Business & Money
Sweden demands EU clarity on Bitcoin tax
Swedish organic sales enjoy 'amazing' growth
People-watching July 23
Swedish cops elect not to shoot 'angry elks'
Business & Money
New alcohol retail rules threaten micro-breweries
People-watching Båstad
Sponsored Article
Introducing... Your finances in Stockholm
Sponsored Article
Introducing... Housing in Stockholm
Latest news from The Local in Austria

More news from Austria at thelocal.at

Latest news from The Local in Switzerland

More news from Switzerland at thelocal.ch

Latest news from The Local in Germany

More news from Germany at thelocal.de

Latest news from The Local in Denmark

More news from Denmark at thelocal.dk

Latest news from The Local in Spain

More news from Spain at thelocal.es

Latest news from The Local in France

More news from France at thelocal.fr

Latest news from The Local in Italy

More news from Italy at thelocal.it

Latest news from The Local in Norway

More news from Norway at thelocal.no

jobs available
Swedish Down Town Consulting & Productions
Swedish Down Town Consulting & Productions is an innovative business company which provides valuable assistance with the Swedish Authorities, Swedish language practice and general communications. Call 073-100 47 81 or visit:
If you want to drink, that’s your business.
If you want to stop, we can help.

Learn more about English-language Alcoholics Anonymous in Sweden. No dues. No fees. Confidentiality assured.
PSD Media
PSD Media is marketing company that offers innovative solutions for online retailers. We provide modern solutions that help increase traffic and raise conversion. Visit our site at: