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Heavy losses for Swiss in the first quarter trigger important cuts

Basilea, Switzerland - The carrier's operativity will be reduced

The figures given yesterday by Swiss care the first three months of this year emphasize, once again, the difficult situation in which they are operating the European carriers. EUR 95m of losses increase, therefore, the conviction that it's needed painful but important cuts, if it is wanted to survived. According to some anticipations reported on last week-end from some Swiss newspapers, the airline...

AVIONEWS - World Aeronautical Press Agency - 45911
Rome, Italy, 05/28/2003 10:09
AVIONEWS - World Aeronautical Press Agency

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