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Sabena daugthers joining again?

Posted by Kenny Moens (SAB94K) @ 24/05/2003

ATTENTION! This news is not confirmed yet!

Currently Sobelair, a daughter company of Sabena, is in deep troubles. They made a serious loss in 2002 and need new cash soon.

The SN Air Holding (mothercompany of SN Brussels Airlines) is now planning to invest in Sobelair, this way Sobelair will become a daugther company of SN Brussels Airlines.

What will happen on routes?
- The Johannesburg flight of Sobelair will be cancelled.

What still needs to be done?
- The leasing cost of the B767's from DSF should be reduced, DSF is willing to do so and will be talking to its banks on Monday.
- The personell wages should be cut with 15%.

Source: Le Soir