Swiss To Further Cut Costs By Downsizing Regional Ops
Swiss plans to cut costs by CHF300 million (US$254 million) beginning in 2007, including downsizing the regional fleet by 13 aircraft and cutting up to 1,000 jobs during the next 18 months. A previous rescue plan launched in 2002 would have slashed some 3,000 jobs from the 7,250-strong workforce and...
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