YUL332LX From Canada, joined Feb 2004, 820 posts, RR: 1 Posted (8 years 2 months 3 days 6 hours ago) and read 2061 times:
''The Swiss cabinet has given the green light to a planned takeover of Swiss International Air Lines by Germany's Lufthansa, clearing the way for their boards to ratify the deal, sources close to the talks said on Tuesday.''
''Pending negotiations over landing rights, Lufthansa aims to take control of the remaining 51 percent within 12 to 18 months.''
ZRH From Switzerland, joined Nov 1999, 5540 posts, RR: 40 Reply 7, posted (8 years 2 months 3 days 3 hours ago) and read 1820 times:
Quoting Orion737 (Reply 5): This isnt going to result in more services from French speaking Switzerland is it? Will we see yet more routes dropped from GVA in favour of Zurich?
It depends what kind of routes you mean. LH is perhaps interested in more feeder flights to their hubs out of GVA. But regarding long-haul flights you simply have to be realistic. It seems that even ZHR could probably lose flights in favor of MUC and FRA. Switzerland is a too small country to have two airports with many long-distance flights. Even the much bigger Germany has only two airports of this kind (FRA and MUC).
ZRH From Switzerland, joined Nov 1999, 5540 posts, RR: 40 Reply 14, posted (8 years 2 months 3 days 1 hour ago) and read 1619 times:
The deal consists mainly:
-LH will takeover Swiss 100%
-Swiss stays a company with it's own brand within the LH group
-Swiss will become Star Alliance member
-the long-haul fleet of Swiss will be enlarged by two airframes (probably A 340)
-Zurich Airport will stay a long-haul hub besides FRA and MUC
-no other guarantees
-the contract will be signed tonight at about 2000h
ZRH From Switzerland, joined Nov 1999, 5540 posts, RR: 40 Reply 17, posted (8 years 2 months 3 days 1 hour ago) and read 1584 times:
Quoting Orion737 (Reply 15): Any chance of Lufthansa dropping the charges for drinks/snacks/meals on European flight on Swiss?
Ask LH. BTW I don't understand people whining about meals on flights lasting less than three hours. I don't need one. When I don't fly I also don't eat every two or three hours. On such a flight I only need water.
ZURICH (AFP) - The German airline Lufthansa took over ailing Swiss International Air Lines after major shareholders in the Swiss carrier approved a deal worth up to 310 million euros (409 million dollars).
Lufthansa said it expected to pay between 45 million and about 300 million euros for Swiss as the deal -- the full cost of which will depend on the German airline's share performance -- is gradually rolled out until 2008.
Switzerland's government said it had accepted Lufthansa's offer, even though it represented only a fraction of its investment, because other strategies would have put jobs at risk.
E volavo, volavo felice più in alto del sole, e ancora più su mentre il mondo pian piano spariva lontano laggiù ...
Afay1 From United States of America, joined Oct 2001, 1293 posts, RR: 3 Reply 20, posted (8 years 2 months 3 days 1 hour ago) and read 1541 times:
As an aside, IBM's Thinkpad brand was sold to the Chinese, not the company itself. Anyway, it is sad that Swiss couldn't make it on its own, it is such a lovely airline. Sounds like it was inevitable though.