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It was born Swiss Express from Swiss: it will offer a low-cost service

Geneva, Switzerland - Employees and managers' wage to be reduced

Swiss airline has announced today a new carrier has been formed, named Swiss Express, which will offer essentially a low-cost service for short destinations in all Europe. The decision has been taken also in order to rationalize Swiss' activity and to try to carry newly in positive the business, which closed 2002 with a red of approximately EUR 70m. The new subsidiary will be operating since the...

AVIONEWS - World Aeronautical Press Agency - 44737

AVIONEWS - World Aeronautical Press Agency
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