You are here: Home / News / Sterling Airlines files for bankruptcy

Sterling Airlines files for bankruptcy

This morning, Sterling Airlines has filed for bankruptcy - leaving many passengers stranded with worthless tickets as the airline has cancelled all flights. In a statement from the company, they said 'Customers who have directly purchased their tickets on Sterling's website will unfortunately not be refunded neither will their return flights. You therefore have to book your return flights with another airline company. ' Passengers who have booked flights via a credit card should contact their bank to seek a refund on the unused portion of their tickets. In an explanation as to why the airline has gone bankrupt, Sterling cited high oil prices and a general slowdown in the travel market having both put immense strain on the company. Despite 'fighting a battle to keep the company alive', the airline could not withstand the effects of the current financial crisis, which foiled Sterling's efforts to secure additional financing. 'The inevitable result is that Sterling Airlines A/S has no option but to file for bankruptcy,' said the company.

Browse tags: #NB #NYO #ALC #ARN #CPH #AGP

Airline Booking and Information

• Read more about Sterling or Book flights with Sterling

Latest Related News

• flybmi January sale (13 Jan 2010)
• Air France to launch new A380 flights to New York (13 Dec 2009)
• Ryanair launches new flights from Bristol Airport (04 Dec 2009)
• easyJet expands operations in Manchester (02 Dec 2009)
• bmibaby sells Easter 2010 flights on sale early (07 Sep 2009)
• Bmis new lounge at Heathrow Airport officially opened (09 Aug 2009)
• easyJet winter flights on sale (17 Jul 2009)
• New BA lounge to open at Heathrow (16 Jul 2009)
• Flybe winter flights on sale (13 Jul 2009)
• New non stop service to Oslo from Thai Airways (30 Jun 2009)