UPDATE FROM SKYGREECE AIRLINES

Posted on 09/14/2015 | About Greece

Late last month SkyGreece Airlines announced it was “temporarily” suspending its operations. In an update issued Friday, SkyGreece says it “has been working to rebuild and resume services.”
“In spite of its recent challenges,” says the update, “the Company looks forward to serving passengers again soon and to doing everything it can to take care of those passengers who have been recently affected. “As part of our commitment to rebuild, SkyGreece has filed a Notice of Intention to Make a Proposal and Ernst & Young Inc. has been appointed as the Trustee in the company's proposal proceedings. A Notice of Intention is the first stage of a restructuring process and allows the company to pursue a restructuring of its financial affairs and operations, through a formal Proposal to creditors.” Ernst & Young has set up a website for affected passengers to file claims in the proposal proceedings:

www.ey.com/ca/skygreece Claim forms are available on the website. SkyGreece says it encourages everyone affected to complete the form and return it to the Proposal Trustee at skygreece@ca.ey.com.

The airline says it is working with the Trustee to develop a restructuring plan. “Although the success of the Company's restructuring effort cannot be assured, the restructuring proceedings are the best way to see that all parties, including passengers, are compensated fairly. “Passengers whose flights have been cancelled are encouraged to contact their travel agent to make alternate travel arrangements. In the event any SkyGreece passenger requires additional or local assistance in a foreign country, the airline has arranged for the following independent travel agencies to assist passengers with booking alternate travel arrangements:

North America

Voyages VFRA Travel Quebec. Canada Toll Free: 1-877-686-1015 Website: www.vfra.ca

Europe

Proton Air & Tourism Services Thessaloniki. Greece Phone: +30-2310-486078 Website: www.proton-services.com

The statement adds: “Please note: At this time, SkyGreece is unable to reimburse passengers for the cost of these alternate arrangements, but intends to address these costs through its restructuring plan.”