Swiss Narrows Loss In 2004 Expects More red Ink This Year
Swiss managed to narrow its 2004 loss, but still remained unprofitable in its third year of operations, posting a CHF140 million (US$118 million) net loss, compared with a CHF687 million loss in 2003. Swiss in its recent past warned that it will remain unprofitable in 2005 unless severe cost-cutting...
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