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Old March 23rd, 2004, 02:32 PM
Pete
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Default 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