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After battling steadily waning passenger numbers and a critical lack of cash for most of the past year, SkyEurope Airlines Tuesday ceased all operations while its holding company initiated bankruptcy proceedings. The Bratislava-based airline - the first low-cost carrier in central Europe when it started eight years ago in the run-up to expansion of the European Union in 2004 - canceled all flights from its hubs in Bratislava, Vienna and Prague, leaving passengers stranded across Europe. It was unclear how many passengers were affected. SkyEurope couldn’t be reached for comment.