Maybe they'll rebrand as Sabena
Although I doubt that LH sold the brand.
Moderator: Latest news team
It would be nice ! I still have the idea in my pocket !
maybe SN will go for OO-EW in the future ?
It's not the kind of capital raise that bank managers like to see, because no cash is injected: “...De inbreng in natura voor een bedrag van € 8.179.534 door de Besloten Vennootschap SF Aviation Holding, tot kapitaalverhoging van de naamloze vennootschap VLM Airlines (“de Vennootschap), bestaat uit de inbreng van schuldvorderingen ten bedrage van € 8.179.534 ten aanzien van de Besloten Vennootschap SF Aviation Holding..."
We need a little more than a rumour to write an article (and a scoop)
It's only psychological imho: such contribution in kind is as good as a cash injection whilst leaving the debt untouched, even for bankers. Whatever the method used, the company is € 8,179,534 richer (or less poor ) after that operation. [And, btw, it's much better than if the shareholders were merely granting an additional loan.]Passenger wrote: ↑07 Nov 2018, 12:26It's not the kind of capital raise that bank managers like to see, because no cash is injected:
Google Translates this is into: "...The contribution in kind for an amount of € 8,179,534 by the Private Company SF Aviation Holding, to increase the capital of the limited company VLM Airlines ("the Company), consists of the contribution of debts to the amount of € 8,179,534 in respect of the Private limited company SF Aviation Holding..."
http://www.ejustice.just.fgov.be/tsv_pd ... 317369.pdf