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Sterling Airlines goes bankrupt this morning.

 
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adrianxw
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Joined: 01 Jan 2006
Posts: 1130
Location: Denmark
PostPosted: Wed Oct 29, 2008 2:03 pm    Post subject: Sterling Airlines goes bankrupt this morning. Reply with quote
Our largest "low price" airline, and Scandinavias second largest overall, Sterling, folded this morning. They didn't fly to Skiathos, but have 30-40,000 passengers stuck in other places. Scandinavian Airlines are trying to do recovery flights.

Sign of the times. The "experts" they've just been interviewing on the news say that the flight market is full of "unrealistic" prices, and with the current economic situation, Sterlings failure is unlikely to be the last.
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