Direct Fly considers share issue to get off the ground

Its management board claims that the suspension is a temporary problem, that flights will be restarted in the "shortest possible period" and that passengers holding valid tickets can expect a full reimbursement. Representatives of the company admit that the firm will have to correct its business model, with a share issue being one of the potential solutions. "We were assuming that the airline had problems as the frequency of canceled flights was increasing," said Adam Skonieczny from the marketing department of Gdansk airport. "The rate of occupancy on the board was ranging from 20% to 40%." Tomasz Dziedzic, an expert from the Tourism Institute, believes that the company could hardly assume that it would be in the black within a year of entering such a difficult segment. (Puls Biznesu, pp. 1, 7) M.M.