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Solo controllers banned at Skyguide

This content was published on Jul 9, 2002 The Swiss Federal Office for Civil Aviation on Tuesday banned Skyguide from any “single manned operations” at its air traffic control centres. Skyguide is facing growing scrutiny of its operations after two planes collided in Swiss-controlled airspace above southern Germany, killing 71 people, most of them children. The government-owned company had only one man on…

Nestlé shifts key R&D unit to Germany

This content was published on Jul 9, 2002 The Swiss food giant said the move would see research staff currently based in Switzerland and Bavaria consolidated in Singen, southern Germany. Around 200 people are affected, some of whom will be offered jobs in other parts of the Nestlé group. According to Nestlé, the company maintains some 17 food research centres around the world.…

Russian pilots given contradictory instructions

This content was published on Jul 8, 2002 The recorders show the Swiss air traffic controller contradicted the Russian jet’s cockpit warning systems. Seconds earlier the pilots had been told to gain altitude because the oncoming Boeing 757 cargo plane had been ordered to descend by its own warning systems. The Russian pilots obeyed the air traffic controller, and began to descend, not…

BIS calls for tough action against accounting tricks

This content was published on Jul 8, 2002 The BIS’s president, Nout Wellink of the Netherlands, was speaking at the bank’s annual meeting on Monday in Basel. The bank is commonly known as the central bank for central bankers. Wellink said the collapse of Enron and the fall from grace of WorldCom demonstrated that effective corporate governance could be undermined by incomplete and…

Mergers plunge to lowest level in five years

This content was published on Jul 8, 2002 The international business consultancy said on Monday there were 204 mergers or takeovers in Switzerland in the first half of 2002 – 32 per cent fewer than in the same period last year. The total volume of transactions was $7.6 billion (SFr11.3 billion), down 63 per cent on the 2001 level. Around two thirds of…

German controllers tried to alert Swiss before crash

This content was published on Jul 8, 2002 German controllers in the southern city of Karlsruhe say they telephoned the Zurich control tower – which was directing the two planes – two minutes before the fatal accident but could not get through because the only available line was busy. Axel Raab, spokesman for the Karlsruhe control centre, said staff tried to get in…

Rail 2000 on track and under budget

This content was published on Jul 8, 2002 The company said it was on schedule to complete work on time for the introduction of the Rail 2000 project on December 12, 2004. Rail 2000 is a huge project to offer more frequent, faster, more direct and more comfortable services throughout the country. It was approved by the Swiss electorate in a referendum in…

Swiss aircraft to climb to new heights

This content was published on Jul 6, 2002 In a move aimed at furthering its image, all of the company’s planes will be baptised with their new names by the end of 2002, the United Nations Year of the Mountain. “Along with watches and chocolate, the Alps are Switzerland’s most recognisable symbol,” added Swiss. The airline announced its decision on Saturday, at Bettmeralp…

Skyguide cuts capacity by 20 per cent

This content was published on Jul 6, 2002 According to Felix Hitz, Skyguide’s chief of staff, the agency’s controllers have been under severe stress since the accident between a Russian Tupolev and a DHL cargo jet. Skyguide wants to take some of the pressure off its employees. The reduction of work capacity went into effect on Friday at midnight until further notice. Delays…

Air controller was distracted in moments before crash

This content was published on Jul 5, 2002 German air safety investigators said on Friday that Skyguide – the Swiss government owned air traffic control company – was working on its telephone and radar systems on the night that a Russian Tupolev jet slammed into a Boeing 757 cargo plane at 11,000 metres above Lake Constance. The revelation has added weight to growing…

Archive – Banking & Fintech

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Archive – Banking & Fintech

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Solo controllers banned at Skyguide

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Nestlé shifts key R&D unit to Germany

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Russian pilots given contradictory instructions

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BIS calls for tough action against accounting tricks

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Mergers plunge to lowest level in five years

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German controllers tried to alert Swiss before crash

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Rail 2000 on track and under budget

More

Swiss aircraft to climb to new heights

More

Skyguide cuts capacity by 20 per cent

More

Air controller was distracted in moments before crash

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