Swiss International Airlines announced its consolidated financial results for the first half of financial year 2020. Global travel and quarantine restrictions imposed on a global scale impacted SWISS’ financial results severely for the first half of 2020. Switzerland’s national flag carrier turned in an operating loss of 266.4 million francs ($291 million) in the first […]
Open a financial newspaper tomorrow and you will not be surprised to read about a retirement fund in trouble – either because the company is going bankrupt or because the fund is no longer large enough to support a growing number of retirees. Surprisingly, this is not the case at Swissair. Swissair’s retirement fund is […]
Launched in 1946, Société Belge des Transports par Air SA, or Sobelair, operated past the turn of the century as a Belgian charter airline. Originalyl named Société d’Etude et de Transports Aerien, or SETA, the carrier operated their first revenue flight on October 15, 1946 with a DC-3 on a flower transport flight to Nice, France via Paris. […]
Get the latest stories & special offers delivered directly to your inbox
SUBSCRIBE
