Bankrupt Sterling may become Norwegian
Foto: Jens Dresling

Bankrupt Sterling may become Norwegian

News in English

Norwegian goes for Sterling

Norway's Norwegian airline is expected to snap up the remains of Sterling which declared bankruptcy today.

News in English

Sterling's bankruptcy has opened up a large number of slots at Copenhagen's Kastrup Airport and it seems likely that Norway's Norwegian airline is preparing to pick up what remains of the company.

Norwegian has announced a news conference at 5 p.m. at Kastrup Airport, at which it is expected to announce its interest.

Sterling's bankruptcy estate is expected to attempt to sell its Copenhagen slots - allotted take-off and landing times - which Norwegian may have an interest in.

Norwegian is Scandinavia's largest low-fare airline with 1,400 employees and 40 aircraft. The company has subsidiaries in Sweden and Poland and a total of seven bases in Norway, Sweden and Poland. The company currently has 150 routes to 82 destinations.

In July 2008, Norwegian Air Shuttle announced a strategic cooperation with Sterling Airlines on routes between Oslo and Copenhagen and Stockholm and Copenhagen. Somewhat ironically, the company's website says "From the end of October the cooperation will be extended to include several international destinations from Oslo and Stockholm."

Edited by Julian Isherwood

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