Cimber Sterling thrown USD32m lifeline by Skyways and City Airlines owner

Struggling Danish LCC Cimber Sterling has received a DKK165 million (USD31.9 million) lifeline from Mansvell Enterprises Ltd. If approved, Mansvill will become the majority shareholder in Cimber with a 66.7% stake. The deal would enable Manswell to "conclude a significant step towards its ambition of creating a leading regional Nordic airline".

Archives

DISCLAIMER: PrivateJetsCharter is not a part 135 air carrier and only acts as an agent to provide info on the best carrier available for charter. PrivateJetsCharter arranges flights on behalf of jet charter clients with FAR Part 135 air carriers that exercise full operational control of charter flights at all times. Flights will be operated by FAR Part 135 direct air carriers that have been certified to provide service for PrivateJetsCharter clients and that meet all FAA safety standards and additional safety standards established by PrivateJetsCharter.