Lufthansa Saved the Airline!!!!!!
Nov 11, 2006, 7:51 am
#1
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Lufthansa Saved the Airline!!!!!!
Swiss was losing money alot and they were selling aircraft, cutting routes, personel,cuts and many thing not until Lufthansa brought the airline. Now Swiss is earning money and opening new routes and bringing new personal also adding new aircraft. 
Nov 11, 2006, 7:56 am
#2
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Originally Posted by Deltafan2006
Swiss was losing money alot and they were selling aircraft, cutting routes, personel,cuts and many thing not until Lufthansa brought the airline. Now Swiss is earning money and opening new routes and bringing new personal also adding new aircraft.
Nov 11, 2006, 9:12 am
#3
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Originally Posted by chris18london
That's a very airliners.net -style statement .. any sources? articles?
See http://www.nzz.ch/2006/10/27/wi/articleELT59.html
Klingelnde Kasse der Swiss
nz. Die Swiss hat die günstige konjunkturelle Entwicklung im saisonbedingt starken dritten Quartal genutzt und aus einem Umsatz von 1,1 Mrd. Fr. (+11,1% gegenüber der Vorjahresperiode) einen Reingewinn von 98 (8) Mio. Fr. erwirtschaftet. Weiteren Auftrieb verlieh der Airline die auf mehreren Ebenen vorangetriebene Integration in den Lufthansa-Konzern, wie CEO Christoph Franz dazu ausführte. Man könne den eingeschlagenen Weg mit Zuversicht weiter gehen.
...
Die Swiss kann nun, nach einer mehrjährigen Durststrecke, beflügelt von günstigen Ertragsperspektiven Arbeitsplätze schaffen. In den kommenden Monaten wird, wie früher gemeldet wurde, die Langstreckenflotte um einen Airbus A330 erweitert.
nz. Die Swiss hat die günstige konjunkturelle Entwicklung im saisonbedingt starken dritten Quartal genutzt und aus einem Umsatz von 1,1 Mrd. Fr. (+11,1% gegenüber der Vorjahresperiode) einen Reingewinn von 98 (8) Mio. Fr. erwirtschaftet. Weiteren Auftrieb verlieh der Airline die auf mehreren Ebenen vorangetriebene Integration in den Lufthansa-Konzern, wie CEO Christoph Franz dazu ausführte. Man könne den eingeschlagenen Weg mit Zuversicht weiter gehen.
...
Die Swiss kann nun, nach einer mehrjährigen Durststrecke, beflügelt von günstigen Ertragsperspektiven Arbeitsplätze schaffen. In den kommenden Monaten wird, wie früher gemeldet wurde, die Langstreckenflotte um einen Airbus A330 erweitert.
Nov 11, 2006, 10:48 pm
#7
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besides, it wasn't only LH... The whole industry is having a growth time and if you are loosing money NOW, you won't survice the upcoming years of possible recession 
Nov 12, 2006, 6:44 am
#8
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Originally Posted by bchl
besides, it wasn't only LH... The whole industry is having a growth time and if you are loosing money NOW, you won't survice the upcoming years of possible recession
Nov 12, 2006, 4:12 pm
#9
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at this time it looks as this 'deal' was the best for all parties involved (including the swiss employees in the long run) - which in my opinion is always the best outcome of any 'deal'.
Nov 14, 2006, 1:44 am
#10
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Originally Posted by Deltafan2006
Swiss was losing money alot and they were selling aircraft, cutting routes, personel,cuts and many thing not until Lufthansa brought the airline. Now Swiss is earning money and opening new routes and bringing new personal also adding new aircraft.
Nov 14, 2006, 1:53 am
#11
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Originally Posted by vienna-resident
now please just tell that Austrian Airlines management and the Austrian government who keep pumping money into a sinking ship....
The main owners of OS are under the impression that its better for the region (Vienna and souroundings) if the airline is owned by them. LH neither don't akquire an airline in part nor does LH pay a fortune. And these are two conditions the owner of OS and their management don't accept so far! The consquences of this way of thinking is seen day by day!
Nov 14, 2006, 2:47 am
#12
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Originally Posted by farefinder
You should not compare LX to OS!
The main owners of OS are under the impression that its better for the region (Vienna and souroundings) if the airline is owned by them. LH neither don't akquire an airline in part nor does LH pay a fortune. And these are two conditions the owner of OS and their management don't accept so far! The consquences of this way of thinking is seen day by day!
The main owners of OS are under the impression that its better for the region (Vienna and souroundings) if the airline is owned by them. LH neither don't akquire an airline in part nor does LH pay a fortune. And these are two conditions the owner of OS and their management don't accept so far! The consquences of this way of thinking is seen day by day!
This is exactly why I am comparing the two airlines. This kind of blind patriotism by Austrian politicians and OS management is what will bring the airline down in the end. And they still fail to see that this kind of stand-alone airline solution cannot work in todays market consolidation. Even now that Swiss (which was sold to LH at the right point in time) takes up half the OS longhaul fleet, there is absolutely no open discussion about OS' future. They only repeat the mantra that OS must remain under Austrian reign and ownership....
Nov 14, 2006, 2:53 pm
#13
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Originally Posted by Deltafan2006
So what is the big deal?, this is an aviation forum!!!!!!!!
Good for Swiss but again, pointless thread if it is the general consensus and has been widely reported in the press.
Nov 14, 2006, 4:42 pm
#14
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Originally Posted by farefinder
SR was grounded five years ago and war rebirth as LX with public money.
Originally Posted by farefinder
With this cheap akquisition LH can develop LX to the advantage of customers (in Switzerland), employees of LX (and many others like unique airport). But at the end LH makes decissions and earns the money!
Nov 16, 2006, 2:04 am
#15
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Originally Posted by vienna-resident
... This kind of blind patriotism by Austrian politicians and OS management is what will bring the airline down in the end. And they still fail to see that this kind of stand-alone airline solution cannot work in todays market consolidation. Even now that Swiss (which was sold to LH at the right point in time) takes up half the OS longhaul fleet, there is absolutely no open discussion about OS' future. They only repeat the mantra that OS must remain under Austrian reign and ownership....