SWISS future at stake
 

SWISS is to hold a press conference today to discuss its future. After 2 years
since the bankrupcy of Swissair, SWISS has yet to make a profit and is still
in dire financial situation.

It is interesting that BBC makes a fairly gloomy outlook for SWISS, but the
article below show a more positive progress.
http://www.huginonline.com/plsql/try...=939066&p_la=5


Now that they are member of Oneworld, I wonder if they will be able to further
downsize their network and leverage codeshares on OW partners. One notable
aspect in the article is that SWISS has reduced its share of transfer
passengers at Zürich (to analysts this is god because it increases yields).
They also have raised load factors to a respectable 76% by reducing capacity.

(they went from 111 planes down to 83).

The big question is whether Swiss will try to get euro Oneworld customers to
travel via Zürich instead of LHR to save time and increase convenience, or
whether Swiss will itself become a feeder to BA's international network, with
Swiss only operating the intl flights that the local swiss market can support.

SWISS future at stake
 

SWISS is to hold a press conference today to discuss its future.
After 2 years since the bankrupcy of Swissair, SWISS has yet to
make a profit and is still in dire financial situation.

The bankruptcy of Swissair and the current problems of Swiss are
very sad. Swissair had a certain panache that few airlines have. The
former CEO, Jeffrey Katz, drove Swissair into the ground and then
left to go to Orbitz. Yet another case of a CEO providing little value
but receiving large compensation.

Pete

SWISS future at stake
 

"Pete" wrote in message
link.net...
SWISS is to hold a press conference today to discuss its future.
After 2 years since the bankrupcy of Swissair, SWISS has yet to
make a profit and is still in dire financial situation.

The bankruptcy of Swissair and the current problems of Swiss are
very sad. Swissair had a certain panache that few airlines have. The
former CEO, Jeffrey Katz, drove Swissair into the ground and then
left to go to Orbitz. Yet another case of a CEO providing little value
but receiving large compensation.


I blame the directors who appointed him.