Denmark's Cimber Air acquired bankrupt Sterling Airlines' operating certificate, slots and brand, among other assets, and plans to relaunch the carrier and extend its European presence. Purchase does not include aircraft, leases of which will be negotiated with present owners. Cimber plans to put two 737s back into service in January and 6-8 in the long term. It will operate the airline under the Sterling name and said it hopes to rehire a portion of Sterling's former workforce.

Subscribe to Access this Entire Article

"Other News - 12/04/2008" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions? ATWPlus@penton.com.