At the start of the second time frame, namely the cooperation with the SAir Group, especially in 1996, the financial year where the new CEO comes in, the results drop sharply. The subsequent messages of the board of directors even provide information on the goal they were pursuing and on the methods they were using to obtain the goal. The accounting strategy was making it possible for Sabena to show profit from 1998 on. The subsequent messages of the board of directors could be regarded as