Swiss International Air Lines, in an attempt to curtail massive losses, downsizing 5,000 positions.

Troubled Swiss International Air Lines--successor to Swissair and Crossair--will downsize in a desperate attempt to halt massive losses. According to its original business plan, Swiss was expected to achieve profitability by the end of this year. According to company executives, Swiss could no...

Subscription Required

 

This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.

Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.

Already an AWIN subscriber? Login

 

Did you know?  Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.