According to the Belgian newspaper De Morgen, Sabena is going to fire at least 600 people. It is also clear that Swissair is no longer really interested in Sabena and that they are not even happy with the 49,5% they own today. The fact that people will be fired is the result of the restructering at Sabena. According to sources, Muller, CEO of Sabena, would like to reduce capacity by 30% by flying with smaller planes, being 50 to 80 seaters. The long haul network would not be affected any more by the proposed plan, so the current amount of long distance flights would stay unchanged. The European network is looked at very closely. Muller is looking at every destination and its value in the hub concept of Sabena. Some routes may get more frequencies, others can loose frequencies or be cancelled. Last week, Muller promised to have its plan ready within three weeks, so it seems we have to wait another two weeks.
It is yet unclear how Sabena is going to finance the cancellation of the ordered planes of Airbus and at the same time the acquisition of smaller planes.