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Swiss suffered a first-quarter net loss of SFr200 million ($151 million) and is estimated to be losing more than SFr3 million a day.

Under the court ruling, which will be retroactive to April 1 last year, Swiss must either re-employ the sacked Crossair pilots or make a proportional number of former Swissair pilots redundant.

Future redundancies must also be applied equally to pilots from Crossair and Swissair, which merged to form Swiss.

�Three weeks ago Swiss rejected a [similar] proposal; however, now it�ll be law and all redundancies must be made proportionally,� said Martin Gutknecht, board member of Swiss Pilots, which represents former Crossair pilots.

continued at:

http://www.swissinfo.org/sen/Swissinfo.html?siteSect=161&sid=3964943
 
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Swissair111.org    forums.swissair111.org    Discussion  Hop To Forum Categories  This and That    'swiss' Continues to have problems under the new name...

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