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SR Owns 85% Of SN  
User currently offlineTriStar From Belgium, joined Oct 1999, 848 posts, RR: 1
Posted (16 years 1 month 1 week 13 hours ago) and read 1547 times:

An agreement has been reached between the Belgian government and Swissair for the latter to get 85% of the shares of Sabena, provided the EU Commission gives its okay.

In return, the Belgian government would become the main shareholder of SAirGroup with 3.3%, and they would be able to appoint the vice president.

The sale of the additional 35% of shares will raise Belgium 150 million Euro, or USD 139.530.000.

Best regards,


3 replies: All unread, jump to last
User currently offlineAvion From Bouvet Island, joined May 1999, 2205 posts, RR: 6
Reply 1, posted (16 years 1 month 1 week 8 hours ago) and read 1497 times:

I hope they both get a new look alike color scheme. Like Premiair and Airtours.


User currently offlineFrankvw From Belgium, joined Jun 2005, 0 posts, RR: 0
Reply 2, posted (16 years 1 month 1 week 7 hours ago) and read 1492 times:

Our poor old company.....

The belgian government also said they could sell their last shares, and so, totally privatise Sabena

User currently offlineSndp From Belgium, joined Feb 2000, 553 posts, RR: 2
Reply 3, posted (16 years 1 month 1 week 2 hours ago) and read 1480 times:

Finally there is the agreement we have all been waiting for. I can't say I'm very happy, I feel a little bit strange, now that our Belgian airline is in foreign hands. But on the other hand, I realize that it is the only possible way for SN to survive in tommorow's economy. I just hope Swissair will always keep the name Sabena. They may be the main share holder now but that doesn't want to say SN doesn't stay ours.

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