SWISS is taking several steps to cut losses related to COVID-19, may expand schedule over summer months

SWISS Reports First-Quarter Loss Of CHF 84.1 Million

sysadmForeign Airline News, News, News Updates

The coronavirus pandemic brought civil aviation worldwide to a virtual standstill within weeks. This has also had a dramatic impact on results at Swiss International Air Lines (SWISS) for the 2020 first-quarter period.   SWISS reports an operating loss for the quarter of CHF 84.1 million -Q1 2019 operating profit of CHF 48.3 million-. With demand for air travel collapsing …