The new Swissair - Crossair - Phoenix or whatever you wanna call it, anyway that airline's CEO said they needed SR Technics to survive. Without them its fleet would be grounded since it would be impossible to find another service taking over from SR Technics in 2 weeks time.
As I understood 2 options are available:
1/ Crossair takes over SR Technics
2/ Extra money goes to SR Technics, Swiss Governement apparently said no and declared it is up of the Canton of Zurich to provide the money.
Problem is that with the bailout package agreed for Swissair - Crossair, SR Technics was excluded; The banks apparently didn't want to give them money because they considered them not credit worthy.
That's all I know.