It will be interesting how this all plays out. I guess the one thing in their favour is their parent company is Panta Holdings which also owns Maas Air Leasing and Denim Air.
Between the three entities, they can shuffle their pack and hopefully utilise their assets in different ways (Leasing, Wet leasing, Charter operations etc) until they are hopefully successful in securing some more long term contracts or establish some more lucrative routes.
Does Swiss have the headroom to incorporate the routes OLT ran for them using their own equipment now, or have they simply dropped others creating the capacity?