Originally Posted by gofer
But for me the saddest statement comes today from the liquidator of Swissair who has moved to the opinion that the company could have been saved !
The liquidator refered to the last Swissair Group CEO and president Mario Corti, who did not take the necessary action to reorganize the company in deepth soon enough. He did not refer to the unions, whatsoever.
As far as I remember (see the Ernst & Young Report), all board members were perfectly aware of the costs of the Brugisser Hunter strategy: Corti and Credit Suisse CEO Mühlemann voiced their concern as soon as 2000 (before Brugisser's sacking), but failed to take action.