DosŽ said on Friday that the State (Confederation) should make an effort, like any other investor. I did not mention anymore a Letter-of-Comfort, nor the much awaited credit facility which relies on that State Garantee. Talking about money, he sounded quite nervous, even if he said there is enough to go on. He gave no figure, no deadline.
Talking about the pilots, he choosed to laugh, explaining that when they know he is on board, the landing is usually harder before negociations, softer after. ÇRight now, it's pretty hardÈ he said. Aeropers made it clear: cut 240 heads in the management or elseÉ
The simple fact that Swiss is still paying so many directors, vice-directors, vice-president and Executive Vice-Presidents (more than 300 in total) for a fleet of 79 A/C (3,75 chiefs per A/C, or 1 for every 80 employee) make it one of the worst case in the industry.
Even worse if you consider that Swiss has already burned two billion Swiss Francs without undertaking a clean-up at that level. For those who went, Swiss hired consultants who cost up to three time more and who don't give a fÉ of the future of that airline. I also believe it's too late for a turnaround.
