PPRuNe Forums - View Single Post - Swissair takes bite out of Belgian and suffers severe indigestion
Old 3rd Jul 2001, 21:03
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Cisco Kid
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Many have tried none have succeeded! Sabena in itīs 40+ years of existence has Never repeat Never, made a penny,( sorry Euro) ,profit.Although not a bad operation per se ,improved by massive capital injections & service know how from the Swissair Group it never really had a chance; unless continually subsidised by tax payers money, as this is no longer permitted (officially)not that it makes much difference what can Sabena do? Bad management on all sides incl. sr . group has been replaced by professionals in Switzerland,who sadly seem to be locked in to an obligation to replace the belgian tax payers as the official cash cow ,no wonder the politicians are pissed off ,it upsets their budget.Come on folks the only winners here will be the lawyers ,all staff incl. pilots at Sabena & Swissair will feel a cold breeze,take the money! the Swiss wonīt up the ante! & try not to piss it away this time .On a more positive note 10 recent graduates of the Sabena flt. academy have been taken into SR. as trainee F/O īs ahead of their own Swiss students,why ?..because an agreement was reached 6 months ago & the Swiss despite all their problems have honoured that agreement!would this happen in Belgium I donīt know ! perhaps not .Some things are just not meant to be & Sabena in its present form is one of them ,I hope all employees do not suffer too much hardship & as few aircrew as possible are laid off ;personally I blame Jimmy Carter he started this deregulation game .as a reminder R.I P. PAN-AM .EASTERN AIRLINES. Canadian-Pacific, Braniff ,Air Florida ,People Express,& many more also in europe & worldwide. Rgds Cisco ..also just an employee.