SWISS could be about to merge with Lufthansa? Said to come from company insiders, news developed last week as the son of Swissair (and Crossair too) announced losses of E90m for 2004, substantially down on the previous year”s figures, but still very worrying. Whilst the airline, once courted by BA and Oneworld, still has some way to go regarding cutting costs its financial predicament is such that LH might be forced to act quickly. The official line is ”no comment”.
http://www.swiss.com