Cimber Sterling seeks investors as losses mount
Cimber Sterling Boeing 737-76N WL OY-MRS (msn 32737) PMI (Michael Stappen), originally uploaded by Airliners Gallery.
Cimber Sterling (Copenhagen) is expected to report a fiscal year loss (ending on April 30) in the range of $36-38 million. The company is seeking additional capitalization.
Cimber Air (Billund) on December 3, 2008 acquired some of the assets of defunct Sterling Airlines (Copenhagen) which had previously filed for bankruptcy protection on October 29, 2008. The new expanded airline was renamed Cimber Sterling on January 7, 2009.
Read the financial statement from the airline: CLICK HERE
Cimber Sterling Slide Show: CLICK HERE
Copyright Photo: Michael Stappen. Please click on the photo for aircraft details.
Cimber Sterling routes from the Copenhagen hub: