The market cheers, but Swissair's woes are still weighty
Article Abstract:
The column discusses Swissair's troubles, which are still heavy. The carrier held a meeting on its restructuring and its shares increased 16%, but the airline announced that its net debt was 7.8 billion Swiss francs, compared with ABN Amro's estimate of 6.5 billion Swiss francs.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2001
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Recovery plans of Swissair are expected to upstage loss
Article Abstract:
Swissair Group is expecting to post between 225 million Swiss francs and 365 million Swiss francs in net losses for the 2001 first-half. However, investors will be concentrating on the carrier's recovery plans.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2001
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Swissair Seeks Shield From Its Creditors. Attacks Crippled the Already Hampered Carrier
Article Abstract:
Swissair Group, which had been struggling for some time after a failed expansion plan, filed for protection from its creditors, making it the first airline company to do so after the September 11, 2001 terrorist attack.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2001
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