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
Kayala Airline Kayala Airline Kayala Airline (previously called Al Khayala) was an airline based in Jeddah, Saudi Arabia. Kayala was a privately owned premium class airline operating domestic and international scheduled as well as charter services. Its main base was King Abdulaziz International Airport, Jeddah, with a hub at King Khalid International Airport, Riyadh. The airline started operations on 16 July 2005 and was wholly owned by Saudi aviation company National Air Services. Until 6 May 2008, the airline was known as "Al-Khayala". On 1 April 2009, bankruptcy was declared and all operations were ceased. At May 2008, the following destinations were