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Press sceptical about airline alliance

This content was published on Sep 24, 2003 Swiss had ultimately been left with little choice, they wrote, and its severe financial woes were far from over. The loss-making airline announced on Tuesday it would join British Airways’ nine-strong alliance, in preference to linking up with the German carrier, Lufthansa, which would have amounted to a takeover. Membership is expected to bring benefits…

Oneworld entry gives Swiss room to manoeuvre

This content was published on Sep 23, 2003 But questions remain over whether Swiss is still too big or has the financial strength to survive in an overcrowded, highly competitive industry. Swiss announced on Tuesday that it had opted to join Oneworld. The other alternative was a link-up with the German carrier, Lufthansa, which would have amounted to a takeover of Swiss. Membership…

Swiss joins Oneworld alliance

This content was published on Sep 23, 2003 Membership of the nine-strong club is expected to bring benefits of around SFr100 million ($74 million) a year to cash-strapped Swiss. Swiss chose to join Oneworld in preference to linking up with the German carrier, Lufthansa, which would have amounted to a takeover. The national carrier also struck a separate deal with British Airways, paving…

Flying on empty

This content was published on Sep 23, 2003 Swiss has spent most of its short history gradually scaling back its operations. October, 2, 2001 All Swissair flights are grounded, spelling the end for the national carrier. The fall-out from the September 11 attacks was the last straw for the 70-year-old airline, which was on the verge of collapse because of a failed expansion…

Decision day dawns for Swiss

This content was published on Sep 23, 2003 The Swiss management board is expected to announce the decision at a press conference at 10am on Tuesday. Media reports suggest that the crisis-ridden national airline has already decided in favour of Oneworld, which counts British Airways and American Airlines among its members. The Financial Times said a deal with Oneworld would see the British…

IMF gathers in Dubai under Swiss chairmanship

This content was published on Sep 22, 2003 Switzerland’s finance minister, Kaspar Villiger, became the first Swiss to chair a meeting of the institution’s 184 member states. Alexander Karrer, ambassador for international relations at the Swiss finance ministry, told swissinfo that the two-day summit in Dubai was an opportunity to refocus world attention on economic problems. “The kind of signal Dubai can send…

Swiss reluctant to leave their cars at home

This content was published on Sep 22, 2003 But not all towns supported the event: Zurich is holding its car-free day a week later and Fribourg did not participate at all. Supported by 250 companies, participating cities and communes were hoping to get people on their bikes or to use public transport. Major Swiss cities including Bern, Basel, Lucerne and Geneva closed off…

Swiss suspends shares amid alliance talk

This content was published on Sep 22, 2003 On Monday, Swiss suspended its shares until 1200 GMT on Tuesday. The carrier declined to comment, but said it would hold a press conference on Tuesday where it will announce “key decisions”. Swiss is understood to be in the process of deciding whether to join the “oneworld” airline alliance, headed by British Airways and American…

Swiss tech firms vie for scarce venture capital

This content was published on Sep 22, 2003 Young companies with new tech innovations are finding themselves in a battle to survive, rather than being able to grow into influential firms. Despite some investors reporting that they are willing to invest, the venture capital companies in Switzerland, as in the rest of Europe, are tending to shy away from high-risk undertakings. One company…

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This content was published on Sep 22, 2003

Cluster: Archive

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Cluster: Archive

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Press sceptical about airline alliance

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Oneworld entry gives Swiss room to manoeuvre

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Swiss joins Oneworld alliance

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Flying on empty

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Decision day dawns for Swiss

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IMF gathers in Dubai under Swiss chairmanship

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Swiss reluctant to leave their cars at home

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Swiss suspends shares amid alliance talk

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Swiss tech firms vie for scarce venture capital

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Search swissinfo…

Popular Stories

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