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Swiss reduces the share capital

Basel, Switzerland - Two new members of the board of directors has been elected

Yesterday Swiss assembly of the shareholders approved, at great majority, a reduction of the share capital and it has elected two new members of the board of directors. The value of every share will be reduced from CHF 50 to CHF 32, to considerate that the air company does not still able to operate in profitable way and it is not possible to exclude that carrier funds come down under the half of the...

AVIONEWS - World Aeronautical Press Agency - 44939
Rome, Italy, 05/07/2003 16:35
AVIONEWS - World Aeronautical Press Agency

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