Sunday, 05 January 2020
Air Belgium has received a 1.9 million euro capital injection by Sogepa investment fund.
Air Belgium had been bailed out by Sogepa in August, L’Echo reports. After the capital injection, Air Belgium’s capital stands at €21,937,670.
“Sogepa announced that the first flights to Martinique and Guadeloupe were satisfactory, and therefore worthwhile to invest directly as a shareholder,” Air Belgium’s head Niky Terzakis told L’Echo.
“The recent recapitalization of Air Belgium is not part of a new capital injection, but the action of an existing right of a first rollover, according to the initial agreement,” Sogepa insisted.
The Brussels Times