Sabena announced this morning that the board meeting due this afternoon had been postponed due to ongoing talks with SwissAir.
SwissAir currently own 49.5% of Sabena (balance held by Belgian state) – SwissAir share due to rise to 85% but SwissAir Chairman Mario Corti has said that SwissAir would not keep funding losses at Sabena and did not want to boost its stake.
Sabena's board last week said that additional funding would be critical to implement a business plan designed to save the airline.