October 2001: Swissair planes are grounded, marking the end of Switzerland's national airline.This content was published on May 5, 2003 - 07:53
November 2001: Andre Dosé becomes CEO of Switzerland's new airline and KLM former boss, Pieter Bouw, becomes chairman of the board of directors.
January 2002: Switzerland's new national airline is finally baptised "Swiss".
March 2002: Swiss announces it plans to join the OneWorld Alliance by the end of the year.
March 2002: The first official flight by Swiss successfully lands in Zurich on March 31.
July 2002: Swiss announces it carried a total of 5.2 million passengers by July 2002. Its average seat load factor was 66 per cent.
September 2002: Swiss posts a loss of SFr447 million for the first six months of 2002. There is uncertainty about whether the airline will join the OneWorld Alliance.
October 2002: Swiss imposes a recruitment freeze.
November 2002: Swiss announces a fleet reduction, cuts to its flight plan and the axing of 300 jobs. The airline's losses amount to SFr582 million for the first nine months in operation.
February 2003: Swiss announces a cost reduction programme that involves axing a further 700 jobs and cutting its fleet by 20 aircraft.
April 2003: The Swiss government rules out any further public money or debt guarantees for the airline.
swissinfo with agencies
This article was automatically imported from our old content management system. If you see any display errors, please let us know: firstname.lastname@example.org
In compliance with the JTI standards