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
Air Zaïre other funds earned by Sabena in the country. Foreign ownership of the airline was eliminated at the same time, with the Congolese government holding a seventy percent share, the "Institut National Securite Sociale" holding eight percent, and local Congolese concerns holding the remainder. At the time, the fleet comprised two Douglas DC-6s, eight DC-4s, eleven DC-3s, two Curtiss C-46s, three Beech 18s, five Beech Barons, one Piper PA-23 Aztec and one Cessna 310. In 1967 the airline ordered two Sud Aviation Caravelles for delivery in October 1967 and the summer of 1968, and on 12 May 1967 a BAC One