Air Transport World

Swiss International Air Lines.(Europe report)(net loss)(Brief Article)

Swiss International Air Lines announced the elimination of 330 additional management and administrative positions as it reported that its third-quarter net loss widened to Sfr279 million ($211 million) from a deficit of Sft135 million in the year-ago period. Swiss said that current-period results included Sfr205 million in restructuring costs related to continuing downsizing.

Operating revenues for the period totaled Sfr1.04 billion, a 24.3% decrease versus the prior year. …

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