Why do you say that ZRH would have to close? It's not owned by SR in any way, shape or form - sure, they're the largest user but if there's a genuine market there other airlines will fill it pronto!
This from today's ATWOnline:
Swissair has funding at least through the weekend
Dateline: Thursday November 01, 2001
Struggling Swissair received a renewed lease on life Wednesday at least until the weekend.
Switzerland's cabinet declared there were still sufficient state funds to keep the airline flying that long remaining from the Sfr450 million ($276.6 million) bailout that kept it aloft through Oct. 28, when its short-/medium- range network was absorbed partially by Crossair.
The move allows slim leeway to tackle urgent liquidity problems at key Swissair Group subsidiaries Atraxis and SR Technics, without which the company's entire rescue package could be jeopardized, according to Swiss Treasurer Peter Siegenthaler. British interests reportedly have lined up to acquire profitable global airport handling unit Swissport.
Siegenthaler had set a Wednesday deadline for a solution to the cash crunch. That was extended at the request of Canton Zurich, which is coordinating the Swissair salvage operation and pleaded for more time. The government said the Sfr50 million first installment of a pledged Sfr1.1 billion credit line was to be transferred soon to allow Swissair to continue serving a curtailed long-haul network until that reverts to Crossair April 1.
Siegenthaler said earlier that Atraxis would be short Sfr35-Sfr50 million by mid-Nov. while SR Technics--deemed crucial by Crossair for its future operations--needs Sfr100 million by mid-Jan. to stay in business. Release of state funds to keep Swissair operating during its transition to Crossair was subject to a solution of those shortfalls, he added.
[ 01 November 2001: Message edited by: The Guvnor ]