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Sobelair bankrupt

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Old 22nd Jan 2004, 18:22
  #21 (permalink)  
 
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DAT / SN Brussels Airlines, a successful airline? Stretching it a bit.

It only remains in business today thanks to a loan from the Belgian government. The government has confirmed that the loan must be repaid in 2006. The company has no way of making enough money by then, so unless the government makes a U-turn on this decision SNBA finishes in 2006.

Interestingly they did post a profit last year but only by selling three of their aircraft to Virgin Express’ code share partner, Malmo Aviation.

Kirk out...
James T. Kirk is offline  
Old 22nd Jan 2004, 21:35
  #22 (permalink)  
 
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Profitable airline?? Well we can leave DAT aka SN Brussels out of the equation then...
Read in Belgian press Le Soir that Air Azzura are to make a bid for Sobelair but it has to be done by the end of the week...There did not seem to be much hope in the Belgian camp.
Sobelair was a great airline to work for in the past with many good people shame to see it go.
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Old 22nd Jan 2004, 22:35
  #23 (permalink)  
 
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FEBA

Birdy Airlines seems to be doing fine, although they just an ACMI provider to SN Brussel. However, African destinations are most (and probably only) profitable at SN network
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Old 23rd Jan 2004, 20:15
  #24 (permalink)  
 
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FEBA

Please let us know why you find EAT laughable. They're expanding the network, have extensive growth plans, are hiring people and they are profitable. I do, however, appreciate that the concept of making money and growing is utterly alien to some members of Royal Air Farce. The real world is a tad different matey ......

Is it, in your opinion, only pax carrying airlines that count? Or those with guns and whatnots?
Flopster is offline  
Old 23rd Jan 2004, 21:04
  #25 (permalink)  
 
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Why has this turned into a slaying of Belgian entities?

Sobelair and its collapse should be the theme here surely? Plenty of space in Jet Blast for your petty gripes!
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Old 24th Jan 2004, 07:17
  #26 (permalink)  

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Devil

I refer the protaganists to the following article: http://www.annoyances.org/exec/show/article09-208/

Stick to topic?... If only
Danny is offline  
Old 26th Jan 2004, 00:11
  #27 (permalink)  
 
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Where did I claim that SN Brussels were profitable? My point is that if an airline is around for 35 years or more I guess it must be "successful".
Avman is offline  

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