Forgot to say: here's the other thread I mentioned earlier: http://www.airliners.net/discussions/general_aviation/read.main/580323/
and at the same time, check out http://www.sabena.com/aboutus/media/index.shtml
in which you can find SN's press releases over the last 18 months or so; which make very interesting reading!
From the latest press release, dated today:
Sabena management invites every employee of the Sabena Group to decide by referendum on the Business Plan.
If nevertheless a full agreement on the whole implementation of the Business Plan can be obtained in the next 24 hours, this referendum will be cancelled.
Christoph Müller has on Tuesday afternoon made a short statement on the discussions with the social partners. Although progress was made with regard to productivity measures and decreasing the number of lay-offs (from more than 1,400 to less than 700), an agreement has not yet been reached. The management has therefore decided to organise a referendum for all the personnel of the Sabena Group. In that way the personnel can decide on the
implementation of the Business Plan by the beginning of October – the only way for the company to get out of this difficult situation.
The Business Plan was presented to the social partners on August 9, 2001. Several Q&A sessions have been organised and a Dataroom was opened to allow the representatives of the personnel to understand the dramatic financial situation of the company and all other aspects of the Business Plan. Objective had been to report to the Board of Directors of September 17. Following this, and taking into account possible consequences of the September 11 attacks in the US, the Chairman of the Board, Fred Chaffart and Sabena President & CEO Christoph Müller have appealed to all representatives of the personnel to discuss as soon as possible the implementation of the Business Plan.
The discussion with the trade unions of this weekend and last night have allowed to make progress in following elements of the Plan :
- the reduction of personnel as a consequence of decreasing to number of aircraft by the end of October. Solutions have been found to reduce the number of lay-offs from more than 1.400 to less than 700;
- the filialisation of the airline related activities and their future sale;
- maintaining the Social Commission (‘Comité Paritaire’) 315.1;
- improvement of the productivity with 10%;
Nevertheless an agreement has not yet been reached.
As a consequence, the management of the Sabena Group has decided, in close consultation with the 2 main shareholders and the members of the Board of Directors, to invite every member of the personnel to individually decide by way of referendum on the implementation of the Business Plan. This referendum will take place in the first week of October, except if an agreement on the whole implementation of the Business Plan is reached in the next 24 hours.
Sabena President & CEO Christoph Müller made a short statement to the press on Tuesday afternoon : ‘The consequences of the September 11 attacks don’t allow Sabena to hesitate on the discussions regarding the implementation of the Business Plan. All other companies are already now implementing measures similar to our Business Plan, reducing capacity and employement by 10 to 20%.’
‘If no agreement on the whole implementation of the Business Plan can be reached in the next 24 hours, all employees will be invited to decide individually by way of referendum.’
‘I will accept the decision of the personnel. Everybody has to know that the only
alternative for the Business Plan is the closure of the company, in one way or another. I remain convinced that every Sabena employee understands the urgency of the situation and that they’ll decide for the future of the company.’