Tip:
Highlight text to annotate it
X
It is over and out between SABENA, KLM and BA. According to SABENA because of practical problems.
SABENA would, according to BA, need more money next year than possible in the context of the alliance with the British and Dutch.
The British and Dutch company both took a share of 20% in the SABENA daughter company "SABENA World Airlines".
These shares now flow back to SABENA, that will pay back the amount of money to the British and Dutch that was invested by them.
The decision s made at a time that SABENA is reviewing its strategy.
Aim was to make Brussels the Hub for SABENA World Airlines. Zaventem was to be the spill in European traffic.
Farewell is said to the plans of the British and Dutch. But end of january SABENA wants to come with a new plan, a new vision.