SkyGreece Airlines ceases operations after three years

SkyGreece Airlines must be one of those things that seemed like a good idea at the time. That was 2012. Now the little specialized carrier has shut down leaving people stranded across its network from Toronto to Athens to Zagreb. Some of the passenger stories are heart-breaking and it makes many people shake their heads that anyone would embark on the creation of yet another a boutique airline. It is a field that destroys small carriers, especially start-ups, and seasoned investors are well-warned to stay away. SkyGreece is a Canadian company, headquartered in Athens. The linked CBC story quotes the owner Aris Sideratos as saying he just doesn’t know what to say to people who are stranded in Greece.  CBC