Manufacturing Industry
Swiss has enough liquidity to keep flying - claim
Airline Industry Information, March 23, 2004
AIRLINE INDUSTRY INFORMATION-(C)1997-2004 M2 COMMUNICATIONS LTD
Loss-making carrier Swiss International Air Lines reportedly claims it has enough liquidity to continue operations.
The airline said in a statement that "according to current planning the liquidity level is expected to stay above CHF250m even at its lowest point in the second quarter of 2004, with expectations of further increase thereafter".
However, the airline did not mention its progress on finding a new top executive, reported Reuters.
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