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SWISSAIR STRUGGLES TO SURVIVE

ZURICH, Swissair's chairman Mario Corti said in a statement that the airline secured a bridge loan over one billion francs from three major banks. So it will continue its activity in attempt to restore profitability and cut debts, which currently stands at 7,8 billion francs, compared to 6,9 billion francs at the end of last year. Some assets will be sold over the next 18 months for three milli...

AVIONEWS - World Aeronautical Press Agency - 15280

AVIONEWS - World Aeronautical Press Agency
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