Rotkreuz, 19th July 2005 – PAS Aviation of Rotkreuz, Switzerland, and Swiss International Air Lines Ltd. (SWISS) have concluded a collaboration agreement relating to the imminent downsizing of the SWISS aircraft fleet.
Under the terms of the agreement, PAS Aviation will offer the SWISS pilots potentially affected by its imminent fleet resizing, the opportunity to carry out conversion training onto other aircraft types (such as the Boeing 737 and the Airbus A320) at especially advantageous terms. The courses will be financed by the pilots themselves, via sources such as the voluntary severance benefits package on offer from SWISS; this retraining should enhance the re-employment prospects of the pilots concerned.
As part of its own international activities, and assisted by SWISS, PAS Aviation will also offer the services of the pilots concerned to interested airlines. The pilots’ prospects of re-employment will still depend on current market conditions. Aviation is one of the most internationalised sectors of all; but the employment markets can show strong regional trends. The industry is currently experiencing above-average growth in Asia (e.g. India), the Middle East and the new EU countries.