Sterling Airlines bankrupt
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Someone will know the history better than me. But they ran a nice and small training center at CPH. Went there for both DC-8 and 757 sim.
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Your Comments Atlanta-Driver
It is funny reading your comments on pprune. You are very anti Icelandic and anti Air Atlanta. I have a suspicion that you are one of those who have been working for a European company with a renewed valdiation year after year. That means you are taking work from the icelanders or europeans who need this job. Why are you hanging around if you dont like it. If you dont plan to. Why dont you just get on with your life. It dosent seem to be very interesting since you seem to spend your time trying to tear down what other people seems be content with.
Why dont you get the facts before you start making statements. Iceland might by in crisis and got no one to blame but themselfes. Look at the rest of the world. On the long run Iceland will be ok. Look at the US and European airlines who are running into crisis like any other industry in the world.
Yes there are some icelandic bandits just like in any other country.
Maybe you are one of them.
Why dont you get the facts before you start making statements. Iceland might by in crisis and got no one to blame but themselfes. Look at the rest of the world. On the long run Iceland will be ok. Look at the US and European airlines who are running into crisis like any other industry in the world.
Yes there are some icelandic bandits just like in any other country.
Maybe you are one of them.
Pilot of the Airwaves
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It's a no go.
Here's the news link.
Takeover talks for bankrupt airline Sterling collapse after potential buyer withdraws -- Newsday.com
Here's the news link.
Takeover talks for bankrupt airline Sterling collapse after potential buyer withdraws -- Newsday.com
Sterling is gone
It was confirmed an hour ago that Sterling will not start operating again. The Danish kapital fond, Axcel has decided not to buy Sterling afterall.
Business.dk - Danske og udenlandske erhvervs- og finansnyheder, børstal samt valutakurser
I wish all you Sterling guys and girls all the best.
Business.dk - Danske og udenlandske erhvervs- og finansnyheder, børstal samt valutakurser
I wish all you Sterling guys and girls all the best.
Join Date: Feb 2004
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The Sterling collapse - 1 year later.
Ppruners:
It is now one year since the company went bust. The damage is being accounted as:
1200 employess at NB lost their jobs, a few hundreds in their suppliers companies that
also went belly-up after Sterling. Creditors lost USD 100 million + and some thousands
of consumers/pax lost their ticket value. Of course the investors lost a whole bunch
also. All in all the damage was huge and those who lost their jobs and savings have all
my sympathy.
The deals between FLGroup and Fons Investments are being scrutinized by the new
Icelandic Special Prosecutor. Too many dubious aspects in those deals.
It is now one year since the company went bust. The damage is being accounted as:
1200 employess at NB lost their jobs, a few hundreds in their suppliers companies that
also went belly-up after Sterling. Creditors lost USD 100 million + and some thousands
of consumers/pax lost their ticket value. Of course the investors lost a whole bunch
also. All in all the damage was huge and those who lost their jobs and savings have all
my sympathy.
The deals between FLGroup and Fons Investments are being scrutinized by the new
Icelandic Special Prosecutor. Too many dubious aspects in those deals.
