Sponsor Message:
Civil Aviation Forum
My Starred Topics | Profile | New Topic | Forum Index | Help | Search 
Swissair's Financial Woes?  
User currently offline737doctor From United States of America, joined Mar 2001, 1332 posts, RR: 48
Posted (12 years 3 weeks 4 days 5 hours ago) and read 589 times:

I was reading an article at Aviationnow.com about Swissair and their attempts to cut costs and return to profitability. I was reading their company profile and learned that in 1998 they had a profit of $240M (USD) and then the following year they posted a $70M loss. Can anyone with reliable industry information explain the sudden downturn? What changes need to be made in order to "right the ship"?

Thanks in advance...


Patrick Bateman is my hero.
2 replies: All unread, jump to last
 
User currently offlineILOVEA340 From United States of America, joined Oct 1999, 2100 posts, RR: 5
Reply 1, posted (12 years 3 weeks 4 days ago) and read 571 times:

The crash!!! that changed every thing.

User currently offlineCPDC10-30 From United Kingdom, joined Feb 2000, 4759 posts, RR: 27
Reply 2, posted (12 years 3 weeks 4 days ago) and read 568 times:

Most of their losses come from their investments in other airlines...Sabena, AOM, Air Liberte.
Top Of Page
Forum Index

This topic is archived and can not be replied to any more.

Printer friendly format

Similar topics:More similar topics...
America West's Financial Woes posted Sat Nov 3 2001 16:02:10 by Republic
Lapa In Financial Woes posted Fri May 18 2001 21:57:04 by Planenutz
Sabena And Swissair Split Up Financial Departments posted Sat May 19 2001 19:44:09 by Sndp
Swissair´s Current Long Haul Fleet posted Wed Jan 9 2002 10:46:57 by TR
Is Swissair Flying Now... posted Wed Jan 9 2002 00:53:21 by Duke
Book: "der Fall Der Swissair" (the End Of Swisair) posted Mon Jan 7 2002 22:46:54 by Prebennorholm
Cathay Back To Zurich - After Swissair Out? posted Mon Dec 31 2001 06:41:30 by 9V-SPK
What Made Swissair Stay In Pakistan posted Tue Dec 18 2001 13:19:06 by Airmale
What About Swissair Catering posted Sat Dec 15 2001 13:23:20 by Airmale
Swissair Loads Going Up... posted Thu Dec 13 2001 19:11:39 by MAH4546