Four European carriers protest against Sabena cash injection.
AIRLINE INDUSTRY INFORMATION-(C)1997-2001 M2 COMMUNICATIONS LTD
A restructuring plan for Belgian carrier Sabena that involves a cash injection from SAirGroup, the parent company of Swissair, and the Belgian government has been criticised by several other European carriers.
The Commission has already indicated that it will be reviewing the deal and has asked the Belgian government to provide more information about Sabena's rescue plan. A spokesperson for the Commission stated on 27 February that it had not formally been approached by any of the airlines, but said that their complaints would be considered when they are made.
In related news, Sabena has launched an advertising campaign in an attempt to retain customers who may have been pushed away due to the carrier's recent financial problems.
A spokesperson for Sabena said that the ads were designed to show that the airline was 'still on the market and can still be very competitive,' Reuters reported.
The newspaper and poster campaign will run through early March and promotes low fares to over 100 European and non-European destinations.
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