SWISS Announces Major Downsizing Of Fleet, Workforce

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Departure lounge at Zurich Airport during the COVID-19 crisis.
Credit: Christian Ender / Getty Images
Swiss International Airlines (SWISS) is confronting the greatest challenge in its corporate history as management concluded that a significant restructuring of its business is unavoidable. The SWISS fleet will be shrunk from its 2019 size by around 15% and total workforce reduction targets of 20%...

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