SkyGreece Airlines has gone bankrupt about two months after it halted operations that stranded hundreds of passengers, the court-appointed monitor said Wednesday. Jeffrey Kerbel of Ernst & Young confirmed that the airline was bankrupt, after filing for creditor
SkyGreece Airlines, S.A. on September 3 announced that, with the authorization and approval of its board of directors, the company has filed a Notice of Intention to Make a Proposal (Notice of Intention) pursuant to the provisions of Part III of the Bankruptcy and Insolvency
Holidaymakers visiting Greece have been urged to take sufficient cash to cover the costs of the planned visits as the economic crisis in the country deepens. Banks in Greece are closed until at least July 5th as the country prepares for a referendum on its financial future.