Sabena In The Red, Expects 'Very Difficult Year'
Sabena yesterday posted a loss of 14 million euros (US$14 million) in 1999 and has missed its goal of remaining profitable. The airline said increased competition on the North Atlantic routes, Y2K investments, air traffic problems during the Kosovo war and higher fuel prices caused the loss. Revenue...
Subscription Required
This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.
Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.
Already an AWIN subscriber? Login
Did you know? Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.
Related Content
