PPRuNe Forums - View Single Post - Sterling, Iceland, Astraeus and interesting times
Old 26th Oct 2008, 18:59
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colinwebster
 
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So what's the latest on Sterling, Iceland Express and Astreaus ?

Astreaus I gather doing well out of all the turmoil and covering for bankruptcies XL,futura etc.

Iceland Express ? Inbound sales should be doing well what with all those journalists and civil servants going up to Reykjavik but I presume oil is now costing them twice as much as it used to thanks to the collapse of the ISK.

Sterling, now supposedely for sale again. Is it likely to be an airline buyer for merger, or new financial backers ? whose got any cash at the moment?! I see they have now stopped the EMA flights, is that just for winter or for good ?
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