30 October 2008

Is Iceland too small to be a country?

Good question.

But no matter how you answer it, the Icelandic crisis is producing some interesting results:  Sterling Airlines is filing for bankruptcy.  It's part of of Northern Travel Group which also includes Astraeus Airlines.

Astraeus, the company that became embroiled in the St.John's-Gatwick fiasco a couple of years ago, is now out of the charter flight service and instead leases its aircraft to other companies.