Ryanair fights loan to Sabena

Budget airline Ryanair is to challenge a Belgian Government loan to its ailing national carrier Sabena in the courts, chief executive Michael O’Leary said today.

Ryanair fights loan to Sabena
Thu, 18 Oct, 2001 - 08:52

Budget airline Ryanair is to challenge a Belgian Government loan to its ailing national carrier Sabena in the courts, chief executive Michael O’Leary said today.

The European Commission has approved a one-month £80m emergency bridging loan to save the Belgian airline from bankruptcy.

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CourtsHeathrowPlace: BrusselsPlace: EuropePlace: BelgiumPlace: USAPerson: Michael O’LearyPerson: O’LearyEvent: September 11Organisation: RyanairOrganisation: SabenaOrganisation: BelgianOrganisation: European CommissionOrganisation: British AirwaysOrganisation: LufthansaOrganisation: Air FranceOrganisation: Swissair
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