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SAIRGROUP WILL FACE FY 300 MILLION NET LOSS IN 2001

SWITZERLAND, According to the swiss sunday paper Sonntagszeitung SAirGroup, owning Swissair, could face a full-year net loss of 300 million sfr in 2001. The group is carrying on a strategy of acquiring stakes in smaller airlines, with the acquisistion of 29% of Malaysian Airlines and 24% of Turkish Airlines. The swiss paper added SAirGroup to be interested in acquiring a stake of the hungarian Malev...

AVIONEWS - World Aeronautical Press Agency - 5384
Rome, Italy, 12/18/2000 13:09
AVIONEWS - World Aeronautical Press Agency

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