Consequences of Cimber Sterling's bankruptcy
Stock Exchange Announcement number 5/2012
Copenhagen, 3 May 2012
Regrettably, Cimber Sterling has filed for bankruptcy today. Cimber Sterling accounted for approximately 6% of CPH traffic. Several routes have already been replaced by other carriers. CPH is furthermore in talks with a number of airlines to fill the remaining routes.
CPH will only suffer a limited loss on receivable amounts from Cimber Sterling.
Based on the current information CPH still expect the total number of passengers to increase compared to 2011. And overall, a higher total profit before tax, when excluding one-off items, is expected for 2012.
Thereby CPH retains the expectations for 2012
P.O. Box 74
Telephone: +45 3231 3231
Fax: +45 3231 3132
CVR nr. 14 70 72 04