Slovak Airlines - History

History

The airline was established on 24 June 1995 and started operations in May 1998. It was founded by Viliam Veteška and a group of private investors. In January 2005 Austrian Airlines acquired the majority stake (62%) in the company. Slovak Airlines ceased operations after Austrian Airlines repossessed two aircraft having withdrawn financial support in January 2007. The company filed for bankruptcy on 2 March 2007. Large portion of employees and offices was taken over by small Seagle Air.

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