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
Indigo Airlines (American airline) Matt Andersson also reviewed several of Indigo's broader aerospace, consumer and public policy initiatives in his book "The New Airline Code" published in 2005. Indigo Airlines (American airline) Indigo Airlines was an American airline headquartered in Chicago, Illinois. It was the first business jet airline, founded in 1997 by Matt Andersson, John N. Fenton and Tom Svrcek. Its headquarters were first located in Chicago's Near North Side, and later at Chicago Midway Airport. It was the first airline to allow individual travelers to reserve and purchase a single seat on a traditional corporate or business jet, which then flew a