Just two days before a press conference at which Fly Me Europe intends to present its accounts, accounting firm ÖhrlingsPricewaterhouseCoopers AB has severed its connections with the troubled airline company.
The board of Fly Me Europe is to call a shareholders meeting to decide on a write-down of share capital after subsidiary company Fly Me Sweden filed for bankruptcy last week.
Collapsed Swedish budget airline FlyMe could soon have new owners, receivers for the company say. Meanwhile, the fall of the company is being investigated by prosecutors.
Swedish airline FlyMe's proposed acquisition of British charter airline Astraeus, a deal reported to have been sealed at the beginning of this month, will not now take place.
Swedish airline FlyMe has taken control of British charter airline Astraeus, in a deal that will see the number of planes in FlyMe's fleet grow from five to fifteen aircraft.
Low price airline Fly Me reported a net loss of 63.4 million kronor for the first quarter in its report, which was made public on Wednesday. The company’s net loss was 24.3 million kronor at this time last year.
Swedish budget airline FlyMe is to buy its Copenhagen-based competitor Sterling for around 2 billion kronor, according to the paper Finansavisen in Norway.
Swedish budget airline FlyMe Europe said on Monday that it had agreed to gradually take over Lithuania's recently privatized Lithuanian Airlines, or flyLAL, for an undisclosed amount.
London-registered low-cost airline Wizz Air said on Wednesday it would offer flights from Lithuania's second largest city Kaunas to Malmö in Sweden and the Danish capital Copenhagen.
Swedish airline FlyMe is launching direct flights from its Gothenburg base to twelve new destinations in Europe, as part of a major expansion plan that could include buying other airlines.
Figures just released from SAS and its competitor Fly Me show an improvement in the fortunes of both companies. With relatively full planes and improved turnover, the companies performed better than expected.
Low-cost airline FlyMe has started ticket sales for its new service from Stockholm to London. The company, which will start flying the route in August, plans to take on British Airways and SAS in the competition for business travellers.
