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Swissair ready to sell its ‘boutiques’

Zurich, Switzerland - Reached an agreement with Pam Group

Swissair Group, the recently bankrupted Swiss air carrier, signed an agreement with Pam Group, an Italian retail store chain, to sell Nuance Group, its branch running airport shops. Stefanel, an Italian clothing store chain, was granted an option to buy 50% of Nuance Group from Pam Group. The transaction, whose value has not been disclosed, will have anyway to wait for the judge in charge for the...

AVIONEWS - World Aeronautical Press Agency - 26583

AVIONEWS - World Aeronautical Press Agency
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