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...

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