newstodate.aero
JAN 18, 2005 (newstodate): The SWISS board has announced deep-going plans for fleet restructuring and job cuts as a precondition for landing a positive operative result in 2005.
SWISS, however, intends to maintain its present service network.
The aircraft fleet will be downsized by "at least" 13 regional aircraft as flights that do not produce a profit will be transferred to partner airlines.
Which aircraft will be affected by the fleet downsizing is currently the subject of ongoing negotiations with partner airlines and the potential purchasers of the equipment concerned, the airline says.
On the other hand the airline will consider deployment of larger aircraft on "certain routes" to compete with low-cost carriers by reducing unit costs.
SWISS also intends to further strengthen its Zurich hub, and transform its Geneva and Basel operations into cost-covering production systemt.
On the issue of staff reductions, SWISS will axe between 800 and 1,000 jobs by mid-2006
SWISS, however, intends to maintain its present service network.
The aircraft fleet will be downsized by "at least" 13 regional aircraft as flights that do not produce a profit will be transferred to partner airlines.
Which aircraft will be affected by the fleet downsizing is currently the subject of ongoing negotiations with partner airlines and the potential purchasers of the equipment concerned, the airline says.
On the other hand the airline will consider deployment of larger aircraft on "certain routes" to compete with low-cost carriers by reducing unit costs.
SWISS also intends to further strengthen its Zurich hub, and transform its Geneva and Basel operations into cost-covering production systemt.
On the issue of staff reductions, SWISS will axe between 800 and 1,000 jobs by mid-2006