Consequences of Cimber Sterling's bankruptcy

Stock Exchange Announcement number 5/2012 

03.05.2012

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 Several routes have already been replaced by other carriers.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
Lufthavnsboulevarden 6
DK-2770 Kastrup

Contacts:
Per Madsen
CFO

Telephone: +45 3231 3231
Fax: +45 3231 3132
E-mail: cphweb@cph.dk
www.cph.dk

CVR nr. 14 70 72 04

 

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Consequences of Cimber Sterlings bankruptcy.pdf