Swiss regional SkyWork Airlines ceases operations

Swiss regional SkyWork Airlines ceased operations Aug. 29, after fleet renewal efforts failed to improve the business after seven years of operations. “After failed negotiations with a possible partner, the economic conditions are no longer given to continue the operation,” the airline said. The company voluntarily returned its air operator’s certificate (AOC) to the Swiss Federal Office of Civil Aviation (FOCA) and must notify the bankruptcy judge to pay any outstanding debts. The next steps are now with the judge. SkyWork said this move also marks the closure of the last real Swiss-owned scheduled airline.<br/>
ATW
http://atwonline.com/airlines/swiss-regional-skywork-airlines-ceases-operations
8/30/18