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Category Airlines

Cimber Sterling gets lifeline

Danish airline Cimber Sterling received a $31.9m lifeline and will be part of a new Nordic airline.  The smaller rival to SAS and Norwegian Air Shuttle confirmed its non-binding deal which gives Ukrainian billionaire Igor Kolomoisky a stake of about…

More on the Tiger Airways Problem

Peter Gibson, a spokesman for Australia’s Civil Aviation Safety Authority, talks about the suspension of Tiger Airways Holdings Ltd.’s local services because of safety concerns. Watch Bloomberg’s video here. This is really a lot worse than we expected.  The nature…