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Old 16th May 2011, 14:59
  #23 (permalink)  
IB4138

Pilot of the Airwaves
 
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Precisely.

I have even taken a look at the notes to SAS's interim report of last week. There is no suggestion of the imminent failure of Spanair.

However, as SAS still own 10.9% of Spanair, under "Remaining Commitments", it occupies most space.

In addition, there is also a possible further payment expected from Lufthansa regarding SAS's former bmi shareholding an an ongoing exposure with bmi of £19million. There is a loan to Air Baltic due for repayment of US$7 million and one to Estonian Air of €7million.

Perhaps NEWYEAR will now let us have his take on bmi trading losses and probability of their going bust, as well as Air Baltic and Estonian Air?

As I said before, this thread by it's title and the originator's comment (based on an online magazine article) has no merit.
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