Air Transport World

Swiss to cut capacity 27%, eliminate 3,000 jobs.(Swiss International Air Lines)(Brief Article)

Swiss International Air Lines will operate 27% fewer ASKs in its winter schedule effective Oct. 26 as part of a massive restructuring announced on June 25 that also calls for elimination of up to 3,000 jobs from a total workforce of 9,000. The layoffs include around 700 pilots, 850 cabin staff and up to 1,500 jobs on the ground. The cutbacks are intended to produce cost reductions totaling Sfr1.6 billion ($1.21 billion). The company said 34 aircraft will be parked, lowering the fleet to 74 excluding charter aircraft; however, subsequently it said the winter schedule will be flown with 79 airplanes.

In its European network, Swiss will serve 41 destinations, down from the current 56. …

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