Engines
Danish Court Decision Could Undermine Engine Leasing
Engines mounted on Bombardier CRJ200s once operated by Denmark's Cimber Sterling remain in legal limbo while their lessors argue over their ownership rights. (Photo: Adrian Pingstone)
Engines mounted on Bombardier CRJ200s once operated by Denmark's Cimber Sterling remain in legal limbo while their lessors argue over their ownership rights. (Photo: Adrian Pingstone)

The bankruptcy of Danish airline Cimber Sterling in May 2012 has threatened to shake the foundation of the country’s engine leasing business after a Danish bankruptcy court ruled that some of the engines fitted to Cimber Sterling aircraft belonged to the airframes and the engine lessors bore no right to them, according to lawyers representing the leasing entities.