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- 29/10/2008, 10:37 #1
Otra víctima más: Sterling
El sistema financiero islandés, en quiebra desde hace unas semanas, se ha llevado por delante a la aerolínea de bajo coste que operaba con 27 aeronaves. El petardazo es tan impresionante que no devuelven ni el dinero de los billetes.
Mal panorama se vislumbra para las aerolíneas.
- 29/10/2008, 11:17 #2
- 29/10/2008, 11:46 #3
Pero si Sterling es danesa no islandesa.
Que tristeza leer su declaracion en su pagina web
Sterling Airlines A/S
29. oktober 2008
Dear customers, employees and other stakeholders,
During the last few weeks, the management, board of directors, and the shareholder of Sterling Airlines A/S have been fighting a battle to keep the company alive. Sadly, this has not had a positive outcome, and we have therefore decided to file for bankruptcy which will be done later today.
During the last three years, Sterling Airlines A/S has been through a lot of changes and since acquired by new shareholders in spring 2005 the company has taken on a merger with Maersk Air A/S. In 2005, the total loss of both airlines exceeded 800 MDKK and both owners wanted out one way or the other. Therefore, all jobs in both airlines were at stake and so was also the competitive landscape in Scandinavian aviation since only the presence of a low cost carrier would ensure healthy competition and pricing on the market.
The merger process started in the autumn of 2005 and lasted until mid-year 2006, and by that time we employed over 1,200 employees with far more job security than before, and we had expanded our route network to enable more customers in Scandinavia to travel for less money.
Our operation was progressing positively and our finances were improving considering the massive losses that had been encountered in the preceding years. In 2007, we were doing very well and saw that more and more customers were choosing Sterling, and we ended the year with a positive EBITDA (operational profit) for the first time in many years.
Oil and financial crisis
With the global financial recession that started in the autumn of 2007, Sterling by winter 2007 – 2008 was seeing signs of stagnation in the market. Significant fuel cost increases, and at the same time a planned heavy expansion of our activities, made us more exposed than we would have been otherwise.
By spring 2008, the airline industry was hit by decreasing demand and rapidly increasing fuel prices. That led to Sterling accumulating large losses. During summer and autumn the management of Sterling implemented a restructuring plan of the company resulting in a reduction in fleet and manpower, and a pull-out of a lot of loss-making activities, without compromising our services. The full effect of these actions were planned to have impact start of 2009.
To get the company restructured, the shareholder of Sterling gave financial support from the end of July 2008 to the end of September 2008 transferring 444.5 million DKK to the company. The plan was to continue financial support into 2009. On the 29th September 2008, the Icelandic financial environment started to collapse. Over a 3 to 4 weeks period, the whole financial system melted down, and that resulted in our shareholder being unable to continue his support to the company. Negotiations have been conducted with several potential investors, but it was impossible to make ends meet. The inevitable result is that Sterling Airlines A/S has no option but to file for bankruptcy.
Sterling Airlines’ trademark has always been excellent staff and service. Among the staff the Sterling spirit will continue to exist. We have made our mistakes over the years. But hopefully we have done more right than wrong, and at least we have made the market more competitive to the benefit of our customers.
Information to Sterling Passengers
Customers who have directly purchased their tickets on Sterling’s website will unfortunately not be refunded neither will their return flights. You therefore have to book your return flights with another airline company.
If you have paid for a flight by credit card, we advise you to contact your bank or credit card company to ask for a possible refund.
Customers who have booked their flights through a travel agency or tour operator should initially contact them.
Passengers who have booked their tickets through Sterling, but is flying with Norwegian, should contact Norwegian directly on one of the below phone numbers:
+47 21490015 (from outside Norway)
815 21 815 (from Norway)
Passengers currently staying abroad in hotels, or hiring a car through Sterling business partners, are still able to stay in their hotel or keep the hired car for the relevant period of time, as such services are paid for through our business partners and not Sterling. However as for your return flight, you will need to find alternatives for your final destination.
Please note that if you have booked your travel/hotel/car through a travel agency or tour operator, please contact them upon your return for possible refund of expenses for your return flight.
We understand that most travel insurance does not protect holders from airline insolvency but should you have taken insurance please contact your insurance company for clarification.
We will later put on a FAQ and hope that this will help you in this very unfortunate situation.
Sterling Airlines A/S
29th October 2008
Última edición por MORK; 29/10/2008 a las 11:51 Razón: Post duplicados unidos automáticamente____________________
"Papá, dejé mi corazón ahí arriba". -
Gary Powell describiendo su primer vuelo con 14 años.
Siempre volarás a nuestro lado.
- 29/10/2008, 12:00 #4
- 29/10/2008, 14:19 #5
No vere mas Sterling en LEBL?? madre mia!!! esto va de mal en peor, la proxima cual será?
- 29/10/2008, 14:38 #6
- 04 jun, 07
Sterling! Se acabo más SNB en Málaga? Se me hará raro no verlos.
Esto va de mal en peor.. están ya varias con el agua al cuello..ETOPS: Engines Turning Or Passengers Swimming
- 29/10/2008, 15:24 #7
Joder, esa compañia era un clásico en la temporada invernal en el aeropuerto de Gran Canaria. Iba a reservar un vuelo GCLP - EKCH para enero con ellos pero al final voy con Ibirria, menos mal...
Me encantaba la pintura de sus aviones.
- 29/10/2008, 18:23 #8
madre mia.. una de las pocas aerolineas que me gustaban sus colores en el 737!!! espero que se recuperen como LTE y vaya todo de puta madre
- 29/10/2008, 20:27 #9
- 29 may, 07
- 17DME RDL-225 PDT
En el caso de sterling hay algo mas detas, esta claro que la crisis la ha afectado muchisimo, pero os intaria a leer la situacion financiera de Islandia.
Han pasado de ser uno de los paises con mayor PIB a estar el segundo por la cola, y todo debido a ciertas actitudes..Cerrado por cese de negocio....
- 29/10/2008, 21:12 #10