<font face="Verdana, Arial, Helvetica, sans-serif" size="2">The final report into the collapse of Swissair shows that management knew the airline was in serious trouble but did nothing to prevent its collapse.
The report was leaked by the "Tages Anzeiger" newspaper as creditors learned they would receive only a fraction of the SFr22.7 billion they claim they are owed.

The Ernst & Young report was due to be issued on Wednesday to Swissair creditors, who were told on the same day that they would receive just SFr472 million ($345 million) from Swissair.

The newspaper said it had obtained a copy of the report, which contained "explosive" allegations that warning signs had been ignored at the highest levels of Swissair and its parent company, SAirGroup.

It could prove an even more ****ing indictment of Swissair management than a preliminary report released last month, which blamed a mixture of management incompetence and lack of aviation experience for the airline's downfall two years ago.</font>