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SABENA AND BELGIAN GOVERNMENT REACH ACCORD

BRUSSELS, The financially troubled Swissair yesterday found an agreement with Sabena and belgian government to give the airline funds assuring a financiali life in return for releasing the commitment to raise its stake in Sabena to 85%. the two shareholders will provide $370 million over two years to save Sabena. Mario Corti, Swissair's chief executive, said in a statement that the deal "will reassure...

AVIONEWS - World Aeronautical Press Agency - 15517
Rome, Italy, 07/18/2001 11:45
AVIONEWS - World Aeronautical Press Agency

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