Austrian Airlines, SWISS Q1 Results Stung By COVID-19

SWISS
SWISS plans to fly 15-20% of its originally planned program from June onwards.
Credit: SWISS International Airlines
SALZBURG, Austria—Lufthansa subsidiaries Austrian Airlines and SWISS International Air Lines (SWISS) have both suffered substantial losses for the 2020 first quarter (Q1) following the outbreak of COVID-19. “The pandemic hit our company with full force,” Austrian Airlines CFO Wolfgang Jani said in...
Kurt Hofmann

Kurt Hofmann has been writing on the airline industry for 25 years. He appears frequently on Austrian, Swiss and German television and broadcasting…

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