Swiss chronology

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

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