newstodate.aero
SEP 03, 2003 (newstodate): Norwegian-owned low-cost and charter operator Sterling Airways confirms media reports about an imminent change in ownership.
Industry sources claim that the airline is being sold to German group, TUI.
-The company has registered various comments in the press on a possible transaction relating to Sterling, owned fifty-fifty by Bonheur ASA and Ganger Rolf ASA. Sterling is in a significant growth phase, and various strategic options for the further growth of the airline are being considered, the company says in a press release.
Industry sources claim that the airline is being sold to German group, TUI.
-The company has registered various comments in the press on a possible transaction relating to Sterling, owned fifty-fifty by Bonheur ASA and Ganger Rolf ASA. Sterling is in a significant growth phase, and various strategic options for the further growth of the airline are being considered, the company says in a press release.