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IMMINENT SABENA BANKRUPTCY
BRUSSELS, BELGIUM, Accoding to an airline's spokesman, Sabena, which is owned by 49,5% by Swissair and by 50,5% by the Belgian government is "inescapably" heading for bankruptcy and shedding half its workforce, cutting 6000 to 8000 jobs on a total payroll of more than 13,000. The Belgian government is barred by EU regulations from providing the airline with any financial help as Swissair...
AVIONEWS - World Aeronautical Press Agency - 19579
AVIONEWS - World Aeronautical Press Agency
AVIONEWS - World Aeronautical Press Agency