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Sterling Airlines declares today bankruptcy

Copenhaghen, Denmark - Announced by the airline's President with a press realese on its website

"During the last three years, Sterling Airlines A/S has been through a lot of changes and since acquired by new shareholders in spring 2005 the company has taken on a merger with Maersk Air A/S. In 2005, the total loss of both airlines exceeded 800 MDKK and both owners wanted out one way or the other. Therefore, all jobs in both airlines were at stake and so was also the competitive landscape in Scandinavian...

AVIONEWS - World Aeronautical Press Agency - 1095874
Rome, Italy, 10/29/2008 13:27
AVIONEWS - World Aeronautical Press Agency

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