euro adhoc: SkyEurope Holding / other / SkyEurope Holding AG in discussions with Flyholding S.p.A. regarding potential strategic alliance (E)

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Disclosure announcement transmitted by euro adhoc. The issuer is responsible
for the content of this announcement.
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20.10.2008

SkyEurope Holding AG ("SkyEurope") entered into negotiations with Flyholding
S.p.A., the holding company of myair.com, an Italian low cost airline, to
explore a potential strategic alliance promoting operating synergies and
economies of scale. The alliance is intended to offer travellers extended
geographical reach and improved destination choice at all price levels.
Operating synergies will include potential cross utilisation of aircraft
capacity, cross ticket selling, facilities sharing and resource pooling at
airports where both SkyEurope and Flyholding S.p.A. have a presence. SkyEurope
and Flyholding S.p.A. will also explore cross equity shareholdings subject to
shareholders´ approval and regulatory clearance, where required.

Further inquiry note:
SkyEurope Holding AG
Nick Manoudakis, CFO
Tel.:+421 915 782 432
mailto:[email protected]

end of announcement euro adhoc
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emitter: SkyEurope Holding
Wipplingerstraße 24-26
A-1010 Wien
phone: +421 2 4850 0
mail: [email protected]
WWW: www.skyeurope.com
sector: Air Transport
ISIN: AT0000497003
indexes: WBI
stockmarkets: official market: Wiener Börse AG
language: English

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