newstodate.aero
JUN 24, 2003 (newstodate): In an effort to fight off the devastating effects from its current crisis, SWISS is to withdraw 34 aircraft from services, while around 3,000 jobs will be axed.
In a meeting yesterday, the Board of Directors of Swiss International Air Lines approved the cornerstones of the new business plan.
The plan includes reduction of the long-haul fleet to 18 aircraft, the medium-haul fleet to 21, and the regional fleet to 35. All in all, the number of seat-kilometres is to be cut by 35%. The changes will become effective from the 2003 winter timetable.
The benchmark figures set out in the Business Plan provide for a reduction in costs totalling CHF 1.6 billion.
In a meeting yesterday, the Board of Directors of Swiss International Air Lines approved the cornerstones of the new business plan.
The plan includes reduction of the long-haul fleet to 18 aircraft, the medium-haul fleet to 21, and the regional fleet to 35. All in all, the number of seat-kilometres is to be cut by 35%. The changes will become effective from the 2003 winter timetable.
The benchmark figures set out in the Business Plan provide for a reduction in costs totalling CHF 1.6 billion.