Swissair was the former national airline of Switzerland, created in 1931. For nearly 71 years, it was known as the “Flying Bank” due to the financial stability of the airline. But a failed expansion strategy and the economic turndown led to the grounding of the airline in October 2001. It was kept alive until March 31 2002 by the Swiss government, then replaced by Swiss International Airlines.
SWI swissinfo.ch - a branch of Swiss Broadcasting Corporation SRG SSR
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