Air Transport World

Swiss International Air Lines.(Europe)(Brief Article)

Claiming it had "laid the foundation for a solid future," the carrier trimmed its 2003 net loss to less than SFr690 million ($555 million) from nearly SFr1 billion the year before. Swiss ended talks with British Airways about joining oneworld, expressing concerns over the cost of disclosure of client data to integrate frequent-flier incentive schemes.

The struggling carrier, whose CEO Andre Dose resigned in February over a pending probe related to a 2002 Crossair crash while he was CEO there, reduced its operating losses while revenues slipped SFr270 million from 2002 levels.

"The end of Swiss has often been predicted in past years. …

Log in to your account to read this article – and millions more.