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Old 23rd Oct 2008, 07:50
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oceancrosser
 
Join Date: Sep 2003
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Unfortunately bad news may be looming Stoppet salget av Sterling-billetter - Aftenposten Reise

Sterlings "owner" Northern Travel Holding, "owned" or "owed" by the Icelandic Fons is widely believed to be on the brink of collapse. It was very much involved in several Icelandic companies which have either folded or are in trouble, such as Glitnir Bank and Stodir/FL Group.

NTH also owns Iceland Express, part of Astraeus etc. Sincere hopes for Sterling staff that a saviour comes along. I have no special hopes for NTH/Fons. Those people have dug their own grave.

Last edited by oceancrosser; 23rd Oct 2008 at 08:37.
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