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SABENA SAVED: FOR TWO WEEKS AT LEAST

BUSSELS, According to a famous press agency, ailing Belgian airline, Sabena, has been given a two-week stay of execution. Shareholders have postponed a decision on a critical capital injection, while proposals to cut costs are discussed with unions. Sabena currently employs 11,000 people, and the Belgian government is anxious to keep the company going if at all possible. But Sabena's Swiss shareholder,...

AVIONEWS - World Aeronautical Press Agency - 7950
Rome, Italy, 02/09/2001 15:15
AVIONEWS - World Aeronautical Press Agency

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