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Investigation into Crossair crash resumes

This content was published on Nov 26, 2001 The flight data and voice recorders, known as the “black boxes”, have already been recovered, and will be examined for clues as to why the plane crashed, about two kilometres from the runway. Crossair Flight LX3597 from Berlin was attempting a landing in poor weather, when it slammed into a wooded area near Bassersdorf, in…

Swiss newspapers lament latest tragedy

This content was published on Nov 26, 2001 The Tages Anzeiger points out that for the third time in two months Switzerland has been struck by a major disaster which has shaken the nation right to its core. In its editorial, it states that the future of the Swiss aviation industry is once again on the line. “How could this happen?” says the…

“When will it end?”

This content was published on Nov 25, 2001 The past few weeks have been some of the darkest in living memory in Switzerland and at a press conference on Sunday, a visibly shaken Swiss president, Moritz Leuenberger, encapsulated the thoughts of the country when he said: “When will it end?” Leuenberger spoke of “five catastrophes” that had struck Switzerland in a short space…

Reporting season winds down

This content was published on Nov 25, 2001 On Tuesday the Feintool Group will release its full set of figures for the latest business year. The company, which manufactures machine tools used to produce precision metal parts from steel, aluminium and copper strips and plates, has already released some of its numbers earlier. In the year to September the company lifted its consolidated…

Ticino firm recovers valuable computer files

This content was published on Nov 25, 2001 The business of data recovery is a sensitive issue. No company likes to admit it loses valuable information but when it happens someone has to try to retrieve it – that’s the job of Switzerland’s Blacker. Started in 1982 Blacker began as an IT import-export company, moving gradually towards the service side of the business.…

Swissair flight personnel pay cut until spring

This content was published on Nov 24, 2001 Company spokesman Jean-Claude Donzel confirmed the cuts on Friday. Pilots will be paid one quarter less, while cabin crew will receive 9.4 per cent less at the end of the month. The salary cut is retroactive to the beginning of November. The cabin crew and cockpit unions accepted the measure before October 22, when the…

Swiss genomics gets shot in the arm

This content was published on Nov 24, 2001 The Leenards foundation and the Louis-Jeantet medical foundation have agreed to give SFr 10 million to ensure the expansion of the Functional Genomics Pole, a flagship project involving the Universities of Geneva and Lausanne and the Federal Institute of Technology in Lausanne (EPFL). The Leenaards and Louis-Jeantet foundations will each give SFr 5 million. The…

Big names reveal third-quarter results

This content was published on Nov 24, 2001 Swisscom said on Wednedsday that it continued to perform well in the third quarter but revenues would slow in the final three months of the year. Operating income before interest, tax and depreciation rose 7.8 per cent to SFr3.44 billion ($2.07 billion) in the first nine months of the year. Swisscom said in a statement…

Sabena takes Swissair to court

This content was published on Nov 24, 2001 They are claiming millions of francs in compensation for alleged contractual failures on the part of its former Swiss co-owner. Announcing the decision to take action through the commercial court in Brussels, the minister for public works, Rik Daems, said the Swissair Group had committed “a series of errors”. The Belgian minister added that the…

Glencore to continue buying Iraqi petrol

This content was published on Nov 23, 2001 The Zug-based raw materials trader is among the main buyers of Iraq’s crude and it acquired one million barrels of petrol in February. It was supposed to be delivered to the United States under the terms of the UN’s oil-for-food programme. The load of fuel was sent to Croatia instead. The UN sanctions committee suspected…

Internal: Archive

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Internal: Archive

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Investigation into Crossair crash resumes

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Swiss newspapers lament latest tragedy

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“When will it end?”

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Reporting season winds down

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Ticino firm recovers valuable computer files

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Swissair flight personnel pay cut until spring

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Swiss genomics gets shot in the arm

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Big names reveal third-quarter results

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Sabena takes Swissair to court

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Glencore to continue buying Iraqi petrol

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