Sobelair employees have received the support of German lessor Deutsche Structured Finance (DSF) in their bid to buyout Sobelair and are presenting the plan to Sabena's administrator.
The management buyout (MBO) team at the Belgian charter carrier has struck a deal with DSF to act as a financial backup. Representatives of the MBO team, DSF and trade unions representing employees signed a memorandum of understanding pledging their support to the MBO plan.
Source: Flight Daily News