Swissair reports first-half loss, plans to sell assets and cut jobs
Article Abstract:
Swissair Group posted a 234 million Swiss francs net loss for the 2001 first-half, compared to a 3 million francs profit during the same 2000 period. The struggling carrier will also layoff about 1,250 employees and divest other assets.
Publisher: Dow Jones Publishing Co. (Europe)
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2001
Labor force information, Planning, Transportation industry, Layoffs, Swissair Group
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2001
User Contributions:
Comment about this article or add new information about this topic:
Swiss flag airline to miss targets, cut jobs, aircraft
Article Abstract:
Swiss International Air Lines cautioned that it would not meet its financial targets for the 2003 year. The airline, despite conducting layoffs and a reduction in the number of aircraft, still does not expect to reach its break-even targets.
Publisher: Dow Jones Publishing Co. (Europe)
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2003
Forecasts, trends, outlooks, Facilities & equipment, Personnel administration, Forecasts and trends, Equipment and supplies, Airlines, Market trend/market analysis, Company sales and earnings, Company earnings/profit, Company personnel management, Swiss International Air Lines Ltd.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2003
User Contributions:
Comment about this article or add new information about this topic:
Subjects list: Human resource management, Finance, Switzerland, Air transportation industry, Civil aviation
Similar abstracts:
- Abstracts: Lufthansa posted 1st-half loss, but sticks to profit forecast. KLM reveals first-half surge on better yields, cost controls
- Abstracts: Economic aid aims at firms; tariff cuts, funds to help debt-laden concerns. Thaksin presses privatization
- Abstracts: Credit Suisse beats '98 estimates, posting $2.1 billion in net profit. Sampo reports 21% decline in 1st half operating profit
- Abstracts: Kvaerner will issue new shares to secure short-term liquidity. SafetyCable may seek listing on Nasdaq market
This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.