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dbaker 11-07-2001 02:41 AM

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.



dbaker 11-07-2001 02:41 AM

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.



yogesh 11-07-2001 04:24 AM

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]

yogesh 11-07-2001 04:24 AM

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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