Cimber Sterling adjusting guidance and aims to strengthen its capital base

Cimber Sterling is adjusting its full-year guidance for 2010/11. EBIT before special items is now expected to be a loss in the range of DKK 190—200 million, as compared with the previous guidance of a DKK 125—145 million loss. Due to the continued surplus capacity in the airline industry and the resulting low profitability, the company needs to strengthen its capital base.