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Old 12th Jun 2001, 21:50
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Frozen Falcon
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Well the information you got are not up to date.
Presently Dr.Mario Corti is Chairman of the Board and CEO of the Swissair-Group (not SAir anymore).
Eric Honegger was fired approx. 2 month ago.

The decision about the future of the partnership together with Sabena is as you said not yet made.

Swissair definitely divests of the three "French Regionals" until end of July 2001 as they lose 80 million SFR. a month.

This rearguard action out of France costs Swissair 1 Billion Swiss Francs (560 million USD).

If SR would not be of such a high public interest in Switzerland they would have to declare bankruptcy.

The present rumours say that some "European Majors" like for e.g. BA are interested in buying the "little mountain airline".

Swissair plans are to save 500 million SFR within the second half year 2001.

We will see, interesting times.

Hope it helps a bit.

hayãk Allah!
Frozen Falcon