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SAIRGROUP: NEGATIVE RECORD IN 2000, BUT LIQUIDITY ANYWAY GUARANTEED

ZURIGH, SWITZERLAND, SAirGroup, owner of Swissair, Swisshotel, of the German tour operator Ltu, Aom, Air Littoral, Air Liberté (French airlines), the Belgium Sabena and of 34% of the Italian airline Volare, accused a record lost equal to 2,8 billion Swiss Francs, about 1,7 EURbn, because of setting aside 2,4 billions SF, necessary to upgrading the airlines' division. Mario Corti, President of the...

AVIONEWS - World Aeronautical Press Agency - 10518

AVIONEWS - World Aeronautical Press Agency
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