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State aid for Lufthansa will be reduced
The state aid and loan guarantees granted by the governments of Belgium, Austria and Switzerland for Brussels Airlines, Austrian Airlines and Swiss as well as Edelweiss are deducted in Germany. this has
Germany: Green light for state aid for LH subsidiaries
On Monday, the German Economic Stabilization Fund (WSF) gave the green light for state aid to the Lufthansa subsidiaries Brussels Airlines, Swiss and Austrian Airlines. Now the AUA will receive a grant in the amount
Swiss moves Geneva-Zurich to rail
The Lufthansa subsidiary Swiss, in cooperation with the SBB, offers a rail connection between Geneva and Zurich Airport. This is known as a “flight train” and is intended to connect western Switzerland to the
Swiss with a loss of 266,4 million euros
No surprise: the effects of the corona pandemic are leaving deep marks on Swiss’s business results. In the first half of 2020, the Swiss airline recorded an operating loss of CHF 266,4 million. Also the
Lufthansa transfers emergency loan to Swiss
The airline Swiss receives another emergency loan of 200 million Swiss francs from its parent company. A loan of the same amount had already been granted beforehand. Dividend payments were also made
Zurich is getting into ground handling
Zurich Airport plays it safe and has founded a new company: “Airport Ground Services AG”. The aim is to prevent that one is not left without a ground service company, they should
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