Word: swissair
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Dates: during 2000-2009
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...Swissair refuses to participate in recapitalization plan and backs away from commitment to take a majority stake in Sabena. Belgian government files suit...
...Swissair agrees to increase its Sabena stake...
...Swissair rips up its expansion strategy and fires CEO after huge losses. Later all but one board member resign...
...Secret deal at Hotel Astoria between Belgian Prime Minister and Swissair CEO. Swiss to inject €258 million but not raise stake in Sabena. Suit is dropped...
...Swissair grounds all flights, prelude to its own collapse...