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Copenhagen Airport hit hard by Sterling Airlines demise


Iceland’s financial services sector collapse is having ramifications well beyond the country’s shores. The parent of Danish LCC, Sterling Airlines, has succumbed to the financial pressures and withdrew its support for the airline. Subsequent meetings with other potential investors failed and Sterling filed for bankruptcy on 29-Oct-08, suspending all services. [530 words]

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Graphs and data:

  • Copenhagen Airport capacity share (%) prior to Sterling collapse
  • Copenhagen Airport financial performance indicators per passenger (% change year-on-year): 3Q08 and YTD3Q08
  • Copenhagen Airport revenue, EBITDA and passenger growth (% change year-on-year): 1Q07 to 3Q08
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