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Swiss International picks fruits of its business strategy
Geneva, Switzerland - The carrier reduced its losses thanks to its measures related to cost cuts and to the overhaul of its regional fleet
Swiss International Air Lines’ losses in 2004 were less heavy than the ones reported in the previous years, thanks to the carrier’s strategy related to cost cuts, which the carrier is still acting, and to the overhaul of its regional fleet. Swiss reported a USD 117,9m net loss in 2004 compared to USD 578,6m for 2003. "The fourth quarter was quite severely impacted by energy prices" said an analyst, who...
AVIONEWS - World Aeronautical Press Agency - 114410
AVIONEWS - World Aeronautical Press Agency
AVIONEWS - World Aeronautical Press Agency