Lufthansa subsidiaries Austrian Airlines and Swiss International Air Lines (SWISS) have reported substantial losses for 2020 and further fleet reductions at both carriers are possible.
SWISS plans to launch five new short-haul European routes over the coming months, although the Star Alliance member does not expect to see “any tangible resumption of air travel activity until mid-summer at the earliest.”
Two new short-haul routes will start from Zurich and three from Geneva this summer, but the airline does not expect demand to pick-up until the third quarter of the year.
Swiss International Air Lines (SWISS) and its pilots’ union Aeropers have failed to reach agreement on a way forward to tackle the airline’s financial predicament.
Several Star Alliance airlines have reduced their February capacity further after stricter travel restrictions designed to stem the spread of COVID-19 made air travel nearly impossible.
Swiss International Air Lines (SWISS) is planning to fly 50% of its pre-COVID-19 traffic volumes in the summer season and hopes long-haul routes will play a crucial part in its recovery.
Lufthansa, Austrian Airlines and SWISS International Air Lines (SWISS) will introduce a buy-on-board catering system on all short- and medium-haul flights starting in spring 2021.
Lufthansa Group subsidiaries Swiss International Airlines (SWISS), Austrian Airlines and Brussels Airlines continue to implement measures to overcome the coronavirus pandemic.
Swiss International Air Lines CEO Thomas Klühr is to leave the Lufthansa subsidiary at the end of 2020 after some five years in Zürich and more than 30 years within the Lufthansa Group.
Lufthansa subsidiary SWISS International Air Lines (SWISS) will focus on operating smaller scale Airbus A220 aircraft during the winter season as it expects demand to remain at very low levels.
Lufthansa subsidiaries Austrian Airlines and SWISS International Air Lines (SWISS) have both suffered substantial losses for the 2020 first quarter (Q1) following the outbreak of COVID-19.
More European airlines have outlined how they intend to rebuild their networks over the coming weeks after the mass fleet groundings in response to the COVID-19 pandemic.
Swiss International Air Lines (SWISS) must cut costs by 20% under a new business plan after Switzerland’s federal councils approved a CHF1.3 billion ($1.3 billion) commitment loan for SWISS and its leisure company Edelweiss Air.
Lufthansa subsidiary Austrian Airlines said April 29 that it needs €767 million ($833 million) in financial assistance from the state to survive the COVID-19 crisis.
Lufthansa is to permanently decommission more than 40 aircraft including six Airbus A380s, reduce Eurowings’ long-haul business and scrap its Germanwings brand.
