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Old 19th Aug 2003, 19:23
  #11 (permalink)  
ettore
 
Join Date: Jun 2003
Location: Arroyo
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True, Studi. But the SonntagZeitung wrote last Sunday of LX-CEO Andre Dose trying to convince BA and AA to take a stake in Swiss, not that BA or AA are willing to do so. The fact that BA denied on Monday any interest in such a move, does not impair the on-going negociation with oneworld.

Still, a lot of what has been written in the past weeks looks very much as wishfull thinking steaming from Swiss-managers desesparatly seeking a solution and playing BA against LH over the medias.

The 2003 H1 results show a loss of 508 millions Swiss francs (including 175 for retructuring costs), i.e. a daily cash burn over six months of 2,79 millions.
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