PremiereClasse From United States of America, joined Apr 2001, 28 posts, RR: 0 Posted (11 years 7 months 3 weeks 17 hours ago) and read 3714 times:
Dow Jones Business News
SWISS PRESS: Lufthansa Bids For Swiss Airline
Sunday July 13, 8:15 am ET
ZURICH -(Dow Jones)- Swiss International Air Lines Ltd. , known by its brand name Swiss, has received a takeover offer from Germany's Lufthansa , Swiss weekly Sonntagszeitung reported Sunday.
"We are talking to various companies on possible cooperation," Swiss spokesman Jean-Claude Clauzel told The Asssociated Press, reiterating earlier statements. He declined to disclose details on these talks.
The newspaper said Lufthansa's offer was made on the condition that the Swiss airline implements the radical restructuring that the airline annouced in June.
The German airline's spokesman, Bernd Hoffmann, told the Associated Press that he knew nothing about the proposal.
The newspaper also said the Swiss government and creditor banks are urging Swiss to accept the offer, but a spokeswoman for the Swiss government declined to comment.
Airmale From Botswana, joined Sep 2004, 385 posts, RR: 1
Reply 1, posted (11 years 7 months 3 weeks 17 hours ago) and read 3658 times:
Alot of people think Swiss is Swissair rebranded, infact in one thread in non-aviation one foreign paper said "Swiss formerly known as Swissair", could'nt the company be called something else, they should've kept the Crossair name considering they retaine dtheir IATA code LX.
CV990 From , joined Dec 1969, posts, RR:
Reply 2, posted (11 years 7 months 3 weeks 17 hours ago) and read 3639 times:
One thing is SWISS studying cooperation, another is SWISS beeing take over by LH, I don't believe on that!
It's like saying that TAP will be taken by Iberia, for nothing in this world!!!!
That is just business games, lobbies, finance speculation. Everybody in this world wants to see SWISS down! They said SWISS wouldn't receive the 343's that they would run out of money soon, but...but... they're flying!!!