SWISS welcomes today’s decision by the Swiss Federal Council to provide Swiss aviation with liquidity if necessary to overcome the effects of the present coronavirus crisis.
The decision ensures that SWISS can continue to keep Switzerland connected with the world with its advanced aircraft fleet in passenger and cargo terms. In doing so, SWISS will continue to align its flight services to the needs of Switzerland’s economy, politics, tourism and society.
SWISS shares the Federal Council’s view that the company must first do everything in its power to safeguard its liquidity. SWISS is being supported in these endeavours by its parent company Lufthansa, which is already providing financial resources. Since the length of the crisis and the corresponding financial needs cannot currently be foreseen, however, this subsidiary support from the Swiss Confederation gives SWISS the security of being able to survive even a lengthier crisis and the ability to gradually prepare for the resumption of its flight operations.
SWISS will not be commenting further on this matter at the present time.
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