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New Swiss airline out of the red

Basel, Switzerland - First profits expected by 2004

Swiss, the new airline replacing Swissair which went out of business earlier this year, is expected to balance its books next year and move into profit in 2004, its chief executive, André Dose, said Saturday. Dose said that during its first 100 days in operation Swiss had done better than foreseen in the budget. Seats taken were 60 percent on European routes and 82 percent on long-haul routes, while...

AVIONEWS - World Aeronautical Press Agency - 30514

AVIONEWS - World Aeronautical Press Agency
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