Archives

Subscribe by E-mail

Will Sabena ride again?

As SN Brussels prepares to merge with Virgin Express and operate under a single brand in autumn, bets are on to guess the new airline's name (see also http://www.luchtzak.be/article11492.html). And, with SN retaining rights to the Sabena name, there's talk that the moniker might ride again. But some might question the wisdom of associating with a bankrupt carrier.


When the original Sabena finally gave into the inevitable and declared itself bankrupt in November 2001, it became Belgium's largest bankruptcy ever. SN Brussels emerged from the embers of the ill-fated Sabena and joined forces with Virgin Express in October 2004. The combined group is edging into profit, with 2005 revenues of €946 ($1,200) million and net profit of €12 million. 


Airline Business caught up with SN recently and asked if there was any truth in the rumours the new carrier could use the Sabena name. According to an official press release, the new group name and corporate identity would be announced at the appropriate time to "minimise customer confusion".


But we weren't to be deterred by such corporate-speak and pressed the SN spokesman for more details about the new identity. Apparently a name has been decided but it wouldn't be revealed until autumn. And yes, SN Brussels admitted that Sabena remains a possibility for the merged carrier.


Though SN was evasive on its future identity, it was more than happy to promote its new Airbus A330-300 which had completed a scheduled service from Africa that morning. SN now has a total of three of the type, and is looking to double this number within the next two years as it focuses on its long-haul routes. The aircraft feature SN Brussels' revamped in-flight product, including lie-flat beds (pictured) in business class.


SNBrussels.jpg


 

0 TrackBacks

Listed below are links to blogs that reference this entry: Will Sabena ride again?.

TrackBack URL for this entry: http://www.flightglobal.com/cgi-bin/mt/mt-tb.cgi/3874

Leave a comment

Want a user picture? Get a Gravatar!

Cookies & Privacy

Like on Facebook

May 2012

Sun Mon Tue Wed Thu Fri Sat
    1 2 3 4 5
6 7 8 9 10 11 12
13 14 15 16 17 18 19
20 21 22 23 24 25 26
27 28 29 30 31    

Finance Pro

Go Pro with Finance Pro

An up-to-the-minute web service for air finance professionals providing news, analysis and aircraft value data direct to your desktop.

Why not go pro to find out about:

  • Latest deal announcements
  • Global financial developments including orders, start-ups and distressed carriers
  • Pricing data of the most recent deals
  • Instant alerts

Find out more

 

Recent Assets

  • Tony Fernandes.jpg
  • alta CCMA cover.bmp
  • SS2_resized.gif
  • Farnborough Lancaster_resized.JPG
  • Farnborough Lancaster.JPG
  • Farn_DSC2171.jpg
  • comet1-side-el-gear-up-web.jpg
  • comet-highway.jpg
  • Etihad_-_first_class-web.jpg
  • comet-wing-c-rexfeatures-web.jpg