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Don't panic - we're not at the abyss, yet

Posted By: Jean Debuy
Date: Wednesday, 30 July 2003, at 10:36 a.m.

In Response To: SN Brussels Airlines (Valerie)

Whilst the balance sheet and income statement do not look brilliant, the company has not yet run out of runway. I wouldn't panic, therefore, and maintain reservation. If you feel the concern is more than you're willing to handle, I'd consider taking insurance that protects you against cancellation of the flight due to airline failure. Standard travel insurance policies offer such coverage.

The fact SNBA is trying to secure its future with the support of shareholders - if not at their behest - is a sign there's still some (financial) commitment to the survival of the company.

Messages In This Thread

SN Airlines future in doubt (views: 821)
Jean Debuy -- Thursday, 24 July 2003, at 8:31 a.m.
When u don't know ,don 't write about it... (views: 533)
Testor -- Friday, 25 July 2003, at 5:02 a.m.
Indeed (views: 898)
Jean Debuy -- Friday, 25 July 2003, at 4:46 p.m.
SN Brussels Airlines (views: 861)
Valerie -- Wednesday, 30 July 2003, at 7:56 a.m.
Don't panic - we're not at the abyss, yet (views: 928)
Jean Debuy -- Wednesday, 30 July 2003, at 10:36 a.m.

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