All Swiss articles – Page 3
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NewsSwiss chief Kluhr to step down at year-end
Lufthansa Group carrier Swiss’s chief executive, Thomas Kluhr, is to resign from his post at the end of this year, having delayed his departure from March. Swiss states that Kluhr, who has headed the airline for nearly five years, has requested that the board “release him from his duties”, ...
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German fund WSF approves local support for Lufthansa subsidiaries
German federal fund WSF has approved local financial aid for Lufthansa subsidiaries Austrian Airlines , Brussels Airlines and Swiss under the group’s €9 billion ($10.6 billion) support package from the government in Berlin. Austrian chief executive Alexis von Hoensbruch describes the approval as a “last hurdle” ...
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Lufthansa strives to restore long-haul network as it foresees 2024 recovery
Lufthansa Group is aiming to offer 50% of prior-year capacity on its long-haul network and 55% on short-haul in the fourth quarter of this year. But the German-based operator says it expects a “clearly negative” adjusted EBIT figure in the second half of the year, and therefore a “further ...
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Swiss parliament votes for CO2 tax on air tickets
Switzerland’s parliament has voted in favour of introducing an environmental levy on airline tickets.
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Swiss to cut fleet as crisis drags carrier to Q1 loss
Lufthansa subsidiary Swiss is planning to reduce its fleet, after incurring a Swfr84.1 million ($86.1 million) operating loss in the first quarter.
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Lufthansa retires six A380s early for reduced post-crisis fleet
Lufthansa is prematurely phasing out six Airbus A380s as part of fleet cuts across the airline group in preparation for an operational restart with reduced capacity when the coronavirus crisis recedes.
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Swiss ponders full operational stop amid ‘draconian’ restrictions
Swiss International Air Lines is considering a full suspension of flights, following the lead of other carriers within Lufthansa Group, which as a whole has shed 95% of its planned capacity.
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Lufthansa Group parks 700 aircraft in crisis response
Lufthansa Group is unable to predict how much its profit will fall this year as it confirmed a 95% capacity reduction to battle the coronavirus outbreak. “At present, no one can foresee the consequences,” notes chief executive Carsten Spohr in a statement accompanying 2019 earnings. “We have to ...
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Swiss bolsters senior management to face coronavirus fallout
Swiss has shored up its management teams in order to provide greater corporate stability as the Lufthansa Group carrier deals with the consequences of the coronavirus outbreak. It has installed Markus Binkert as its chief financial officer – a position which had been left vacant – and appointed Thomas ...
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Lufthansa to cut short-haul operations by up to a quarter to counter coronavirus
Lufthansa Group is to cut its short and medium-haul operations by up to 25% in the coming weeks as it moves to counteract the air travel impact of the coronavirus.
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Swiss completes A340 interior upgrade programme
Swiss has completed a cabin refurbishment programme on its five remaining Airbus A340s, to bring their interiors in line with the Lufthansa subsidiary’s Boeing 777 long-haul fleet.
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Lufthansa ramps up group cost-cutting measures
Lufthansa Group is accelerating restructuring efforts at its cargo division and subsidiaries Austrian Airlines and Brussels Airlines as the company faces pressure on earnings, particularly in Europe, and increased fuel costs.
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A220 engine checks revised after high-cycle Swiss failure
US regulators have disclosed that the most recent incident involving failure of a Swiss Airbus A220 engine occurred with a powerplant which had accumulated more than 300 cycles.
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A220 operators told to limit engine thrust at high altitude
Operators of Airbus A220s are facing operational limitations of the twinjet's engines, following several serious incidents involving powerplant failure.
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P&W Q3 profit rises 15% on aftermarket sales
Pratt & Whitney's third-quarter operating profit rose 15% year-on-year to $471 million on growth in its military and commercial aftermarket as well as due to cost reduction for its geared turbofan (GTF) engine programme and favorable commercial OEM mix.
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P&W works to identify cause of PW1500G compressor failures
Pratt & Whitney confirmed on 16 October that it was continuing to work on determining the cause of PW1500G engine failures that have affected Swiss' Airbus A220-300 fleet – a month on from a second in-flight shutdown, and the day after a third engine failure forced a diversion.
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Air Baltic calm over additional A220 engine inspections
Air Baltic, the second-largest European operator of Airbus A220s, is following guidelines on engine checks in the wake of a series of failures which affected the Swiss A220 fleet.
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Swiss gradually starts returning A220s to flight status
Swiss has started returning some of its Airbus A220s to flight status, following urgent engine checks triggered by another powerplant failure.
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Third Swiss A220 failure spurs urgent engine checks
Swiss has cancelled dozens of Airbus A220 services in order to conduct technical inspections on the fleet, following a third incident involving an engine failure in as many months.
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Star carriers reinforce post-Adria links to Slovenia
Lufthansa Group is to establish further connections to the Slovenian capital Ljubljana in the wake of Star Alliance partner Adria Airways’ collapse.
