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Icelandair, Sterling parents in merger talks

Sterling owner Fons Eignarhalsfelag and Icelandair owner FL Group could announce a merger as early as this week. Reportedly, FL Group, which also has a 13.8% stake in easyJet, is interested in acquiring Sterling, the Denmark-based low-fare airline that is itself is in the process of absorbing Maersk Air, which recently was acquired by Fons. Fons, in turn, is controlled by investors Palmi Haraldsson and Johannes Kristinsson, both previously large shareholders in Icelandair. In addition to ...

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