Sabena president Paul Reutlinger believes that the airline's 1997 financial results will be better than the predicted BFr1.5 billion ($43 million) loss after a strong traffic performance during the first ten months of the year. Passenger numbers have grown by one-third and load factors on the core European network are up by ten points, to 59%. The airline was hit by strike action in 1996 and posted a record BFr9 billion deficit. Reutlinger says that the airline should be safely on target to break even in 1998.

 

Source: Flight International

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