What Sterling does need though is a White Knight to come and buy them for £1 and inject the cash to pay off the loans.
No it doesn't.
What needs to be done is the complete closure of Sterling, no "White Knight" or any saviour.
Get rid of all existing management, especially those who helped keep "Tabs" on things and those who have been in situ since Longmint took over but were too weak to challenge the way things were done.
If this happens, there's a company about 150m south of them who are more than capable of taking on the staff who know what they're doing and winning back the contracts that matter.
If it comes to that, perhaps they should be running the whole airport, which I know they've considered in the past, but the owner is too savy to waste his money in that respect.
