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SABENA AIRLINE TRYING TO SOLVE ITS CRISIS

BELGIUM, Last year Sabena Belgian Airline has had a USD 292 million deficit in spite of the healthy traffic growth. The company executives will submit a recovery plan to the Belgian Government and SAir Group to stop the losses. The SAir Group, which owns a 49,5 per cent stake in Sabena, had planned to increase its stake up to 85 per cent, but it could abandon the airline if a recovery...

AVIONEWS - World Aeronautical Press Agency - 10835
Rome, Italy, 04/09/2001 15:33
AVIONEWS - World Aeronautical Press Agency

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