PPRuNe Forums - View Single Post - official : Swissair filed for bankruptcy. Sabena next
Old 2nd Oct 2001, 18:00
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gofer
 
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Press release from Swissair

Swissair flight operations suspended – next decision at 14:00 Swiss Air Transport Company Ltd.
Corporate Communications

P. O. Box
CH-8058 Zurich Airport

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Direct Dial: ++41 1 812 71 17
Email: [email protected]



Zürich, October 2nd, 2001

Zurich-Airport, October 2, 2001 -– Swissair’s flight operations were suspended at 12:30 CET. All aircraft that are currently airborne en route will continue their flights to their destination as scheduled.

Swissair is engaged in intensive negotiations with the banks to ensure the continuation of its flight operations. A final decision is due at 14:00
Air Liberte, Sabena and LTU, all of whom want money from Swissair, are the big loosers here.

European operations - all be it a little downgraded probably - should go to Crossair (LX).

The big question is what happens to the longhaul's.

Guv - want to change your mind and go MD11 - got 15 well maintained bodies for the highest bidder ???
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