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Swiss need the aid of Lufthansa

Basel, Switzerland - The Swiss carrier has economic difficulties

"Le Matin" reported info about a Swiss internal turbulence. According to the magazine, the Swiss airline is looking for an alliance with Lufthansa to solve a critical financial situation. At this moment there are no official statements, but "Le Matin" reports Swiss' loss (daily CHF 3-4m and restructuring expenses of CHF 180-220m) and foresees a meeting on the Helvetic-German alliance by early August. The...

AVIONEWS - World Aeronautical Press Agency - 48375
Rome, Italy, 07/28/2003 12:42
AVIONEWS - World Aeronautical Press Agency

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