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
Kartika Airlines Kartika Airlines Kartika Airlines was an airline based in Jakarta, Indonesia. It operated domestic services from Jakarta. Its main base was Soekarno-Hatta International Airport, Jakarta. Kartika Airlines is listed in category 2 by Indonesian Civil Aviation Authority for airline safety quality. The airline was established in 2001 and started operations on 15 May 2001. It is wholly owned by PT Truba. The airline was grounded in November 2004 and resumed services on 15 June 2005, before finally ceasing operations in 2010. Kartika Airlines was among the Indonesian carriers blacklisted by the European Union Civil Aviation Authority. The Kartika Airlines fleet