08/10/2001
Belgian airline scraps most of Belfast flights
Struggling Belgian airline Sabena has announced that it is to scrap two of its three daily Belfast-Brussels flights.
The troubled airline carrier had been due to cease all flights on the Belfast route at the end of this month.
However, its financial crisis, compounded by part owner Swissair’s demise, persuaded the airline to drop two of the three flights ahead of time. Sabena also announced it was also ending some other flights early - including Brussels’ services to Tokyo, Beirut and Verona in Italy.
Meanwhile, Sabena was trying to sort out a financial package that will keep it in business. A court granted the airline bankruptcy protection on condition that the Belgian government gave Sabena £77 million to restructure the company along low cost airline tracks.
This move however, is being investigated by the European Commission who have demanded to know details of the aid package in view of the fact that the subsidy might be violating EU competition rules.
Sabena is part owned by Swissair which holds a 49.5 per cent stake and the Belgian government which holds the remaining 50.5 per cent. (AMcE)
The troubled airline carrier had been due to cease all flights on the Belfast route at the end of this month.
However, its financial crisis, compounded by part owner Swissair’s demise, persuaded the airline to drop two of the three flights ahead of time. Sabena also announced it was also ending some other flights early - including Brussels’ services to Tokyo, Beirut and Verona in Italy.
Meanwhile, Sabena was trying to sort out a financial package that will keep it in business. A court granted the airline bankruptcy protection on condition that the Belgian government gave Sabena £77 million to restructure the company along low cost airline tracks.
This move however, is being investigated by the European Commission who have demanded to know details of the aid package in view of the fact that the subsidy might be violating EU competition rules.
Sabena is part owned by Swissair which holds a 49.5 per cent stake and the Belgian government which holds the remaining 50.5 per cent. (AMcE)
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