Swissair Charges Cause Loss Of 147 Swiss Francs In 1995

One-time restructuring charges in 1995 left the Swissair Group with a loss of 147 million Swiss francs (US$122.5 million) for the year, compared with a SF23 million (US$19.17 million) profit in 1994. Unfavorable exchange rates also contributed to the loss, Swissair said -- the strength of the Swiss...

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