Swiss Int'l Airline about to cut another 1000 jobs/Press reports
According to the Basler Zeitung and further reports, Swiss Int'l Airline (formely Swissair) is about to fire another 1'000 people and cut again in its fleet and network.
H1 results are to be announced on August 17th. By that time, pilots and other employees should know if it is true.
Another report of the Basler Zeitung says that the Federal Office for civil aviation has been proactive in bringing SR Technics and Swiss at a negociation table on cutting maintenance costs, but that no result has been reached yet.
The Federal Office is responsible for suspending an airline licence, when its cash reserve would not allow it to fly its programm, pay the staff and bills during three months without incomes.
Those are the latest news in a serie of very worrying signs about Swiss future. As for today, more than 7'000 jobs are at stake (6'500 FTE), not to account with all related business.