Sunday morning a Swiss newspaper wrote that Swissair is probably going to have a loss of 1,61 Billion Euro this year, not only due to the losses at Sabena and the French companies, but mainly because of operational losses at Swissair itself. The whole board of the company, except for one person, will quit within this and a year. A new strategy is needed, probably in cooperation with AA or BA. It is believed that one of those would take a minority stake in SR, though some fear for a hostile take over now that the market value of SR on the stock exchange market has decreased so much.
For Sabena, it is very unlikely that SAir will take an 85% majority stake, rising from the current 49,5% as they do not have the money and operational space for it. Swissair had indicated several times before that thye might drop Sabena. Current head of Sabena, Christoph Müller had a meeting with the unions yesterday in which he announced that in the worst case, which is SAir leaving Sabena and no partner is found to replace SAir, Sabena will have to cut 4000 jobs or 1 on 3 jobs. It is at this moment that the BElgian government, 50,5% stake holder in Sabena, has to take its responsibility.