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Posts: 158
Joined: Sat Sep 08, 2001 10:54 pm

Any Real Hope For SwissAir?

Mon Oct 01, 2001 4:30 am

Is there any real hope to salvage the 70 yrs old company. Recently two banking giants UBS and Credit Suisse have pledged a help package of 1 bn CFR. But is that enough? And for how long?

I really hope that SwissAir makes it. I reckon that was partly their expansion plans that cost them a lot. But how exactly where their expansions?



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