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SABENA TO CUT JOBS AND ROUTES
BELGIUM, An airline spokesman announced today major job losses and cuts in long haul services in an attempt to stem losses. Sabena President, Christoph Muller, said the restructuring plan to be "drastic and urgent" because the airline is expecting to post an operating loss of BFR5.9 billion (USD$123 million) for this year and said forecasts for 2001 looked no better. The Belgian flag carrier, which...
AVIONEWS - World Aeronautical Press Agency - 3187
AVIONEWS - World Aeronautical Press Agency
AVIONEWS - World Aeronautical Press Agency