Restructuring events
European Restructuring Monitor (ERM)
The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
The Islandic owned and Danish based airliner Sterling have announced that 135 employees will be dismissed due to crisis in the sector partly caused by higher oil prices. 61 of the 135 redundancies are pilots, which 20 work in the administration and the rest are cabin crew.
Eurofound (2008), Sterling Airlines, Internal restructuring in Denmark, factsheet number 67009, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/67009.