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Old 11-07-2001, 02:41 AM   #1
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Sabena to File for Bankruptcy

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BRUSSELS, Belgium (AP) - Debt-ridden Sabena said Tuesday it plans to seek a court declaration that it is bankrupt, the final chapter for one of Europe's oldest airlines.

The carrier, 50.5 percent owned by the Belgian government, grounded most of its flights Tuesday afternoon as its staff began to walk off the job in anticipation of the filing.

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Old 11-07-2001, 02:41 AM   #2
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Sabena to File for Bankruptcy

Quote:
BRUSSELS, Belgium (AP) - Debt-ridden Sabena said Tuesday it plans to seek a court declaration that it is bankrupt, the final chapter for one of Europe's oldest airlines.

The carrier, 50.5 percent owned by the Belgian government, grounded most of its flights Tuesday afternoon as its staff began to walk off the job in anticipation of the filing.

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Old 11-07-2001, 04:24 AM   #3
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http://news.bbc.co.uk/hi/english/bus...00/1642507.stm
[quote]
*** Sabena goes bust ***

Belgium's national airline Sabena formally files for bankruptcy making it the first large European airline to go bust since 11 September.
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Old 11-07-2001, 04:24 AM   #4
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http://news.bbc.co.uk/hi/english/bus...00/1642507.stm
[quote]
*** Sabena goes bust ***

Belgium's national airline Sabena formally files for bankruptcy making it the first large European airline to go bust since 11 September.
[quote]
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