Bruggisser steps down as SAirGroup's CEO

Article Abstract:

SAirGroup's chief executive officer, Philippe Bruggisser, has resigned from his post. The company's board of directors had withdrawn support for Bruggisser's expansion strategy.

Executive changes & profiles, Officials and employees, Appointments, resignations and dismissals, Bruggisser, Philippe

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SAirGroup posts loss after it warned of 'miserable' year

Article Abstract:

SAirGroup posted a 2.9 billion Swiss francs net loss for the 2000 year. The group posted 273 million Swiss francs in net profits for the 1999 year.

Sales, profits & dividends, Finance

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Holding pattern: as mergers take off in Europe, why are airlines grounded? Capacity glut and price war argue for consolidation; treaties stand in the way; getting as close as possible

Article Abstract:

International treaties and national regulations prevent airlines from merging when rates decrease drastically and competition increases. This practice is different from other industries which do not have these types of restrictions.

Acquisitions & mergers, World, Statistical Data Included, Industry Overview, Interpretation and construction, Laws, regulations and rules, Mergers, acquisitions and divestments, Aeronautics, Treaties

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