Sabena Boeing 747s with four-engined Airbus A340. After the liberalisation of the airline industry throughout Europe and the economic consequences of the Gulf War, the Belgian government, the main shareholder of the company, realized that Sabena had little chance of surviving on its own in this very competitive market, and began searching for a suitable partner. Sabena remained in a poor financial state, and year after year the Belgian government had to cover losses, however, it was however prevented from providing new funds due to EU State Aid rules. Around 1987, SAS tried to merge with the carrier, but the merger
Myanmar National Airlines however after a 23-year absence, they relaunched foreign services in 2016, with their first service to Singapore. The name was changed to Burma Airways in December 1972, and to Myanma Airways on 1 April 1989 following the renaming of the country from Burma to Myanmar. International services of Myanma Airways have been made as joint venture airline, Myanmar Airways International (MAI). Myanmar National Airlines is the majority shareholder of Joint Venture Company MAI, set up in 1993. In 2003, it was proposed to set up a Myanmar-based airline for chartered international passenger and cargo flights, which was planned to be