Turbulence at SAirGroup may continue for some time
Article Abstract:
Switzerland's airlines holding company SAirGroup AG, is looking at a new strategy to restore confidence in the company and its subsidiary airlines, hotels and related companies . SAirGroup management is considering selling off some of the companies to return it to profitability.
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:
SAirGroup outlines restructuring plan in bid to cut losses
Article Abstract:
SAirGroup revealed its corporate restructuring plan as the financially-troubled carrier attempts to reduce losses. In addition, SAirGroup has secured a one billion swiss franc credit line and will change its name.
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:
Without help from Swissair, AOM/Air Liberte may fail
Article Abstract:
AOM/Air Liberte may have to declare bankruptcy if managers are unable to seek new funding. Swissair, the parent carrier of AOM/Air Liberte, may have to incur restructuring costs in order to save its subsidiary.
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:
- Abstracts: France's Groupe Bull saw more red in 2000. Groupe Bull arranges loan of 100 million euros. Groupe Bull posts 2.3% revenue drop on slump in PCs
- Abstracts: CropScience results improve prospects for sale by Aventis. Aventis is expected to announce plan to sell CropScience
- Abstracts: UK: SCARBOROUGH LAUNCHES TRACKER MORTGAGE. UK: SVR MORTGAGE RATE FROM PORTMAN FALLS. UK: LENDERS' DEAL TO LAUNCH NEW STEP DOWN MORTGAGE
- Abstracts: UK: SELF-BUILD MORTGAGE FROM BRITANNIA. UK: CHARCOL LAUNCHES DIVORCEE MORTGAGE. UK: NORTHERN ROCK LAUNCHES FLEXIBLE FIXED MORTGAGE
- Abstracts: UK: NORTH AMERICAN FUND FROM SG ASSET MANAGEMENT. UK: BRITANNIC LAUNCHES THIRD INVESTMENT TRUST