Finance Press

Swissair is saved from bankruptcy but pays a high price to the crisis in global aviation. The company, now empty coffers, has accepted the rescue plan proposed by UBS and Credit Suisse Group but for Swiss are preparing hard times. Of course there will be heavy cuts to flights and for the staff. A situation that also falls on the Belgian Sabena, Swissair it does not respect the commitment to pay 200 million francs promised earlier.

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