Court starts restructuring process for Air Slovakia

On February 26, the Bratislava District Court opened a restructuring of Air Slovakia and it has 30 days to study the restructuring opinion and either permit or reject the process. But it is unlikely that the court will say approve the plan as the airline company has had its operating licence suspended, the Sme daily wrote.

On February 26, the Bratislava District Court opened a restructuring of Air Slovakia and it has 30 days to study the restructuring opinion and either permit or reject the process. But it is unlikely that the court will say approve the plan as the airline company has had its operating licence suspended, the Sme daily wrote.

“After the court has started this process, all execution proceedings are suspended and new ones cannot be opened,” Radovan Pala of the e/n/w/c law company told Sme. From the beginning of the restructuring, the company is protected form its creditors, meaning that no creditor can claim any debt originating before February 26.

On March 2, the Slovakia’s Aviation Office suspended Air Slovakia’s Certificate of Flight Operation. The Court has one month to take into consideration all circumstances. Sme

Compiled by Zuzana Vilikovská from press reports
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.

Get daily Slovak news directly to your inbox

Top stories

Jankovská admitted to her relationship with Kočner. She also mentioned Fico

Former state secretary of the Justice Ministry started cooperating with the investigators after months in pre-trial custody for corruption-related crimes.

Monika Jankovská

Pass a Slovak language dictation so you can work with foreigners

The draft migration policy proposal is out. Where does a foreigner find the official, certified list of cultural realities and traditions they are supposed to respect?

Some problems with the Foreigners’ Police continue.

One in five women has experienced violence

The situation is far from satisfactory, said President Čaputová.