20-May-2011 2:34 PM
Cimber Sterling cuts outlook again
Analysis
Danish LCC Cimber Sterling has announced it is talking with potential investors in a bid to improve its financial strength. The carrier has been forced to revise its operating outlook for the financial year to 31-Mar-2011 downwards from an operating loss of DKK125-145 million (EUR16.8-19.5 million) to a loss of DKK190 million-200 million (EUR25.5 million-26.8 million), before it accounts for special items.
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