Swiss to be split in two?

Discussion in 'Miles & More | Lufthansa, SWISS, Austrian/Partners' started by OY-JFS, Jun 13, 2012.  |  Print Topic

  1. OY-JFS
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    OY-JFS Gold Member

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  2. kyunbit
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    kyunbit Silver Member

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    In this age of mergers, I am surprised to hear of a split!
     
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  3. LETTERBOY
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    LETTERBOY Gold Member

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    And LX was just formed in 2002 after the previous incarnation went bye-bye. :eek:
     
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  4. Lufthansa Flyer
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    they already have 2 operating units. Swiss european and swiss intl. Looks like this will clean up overlap since euro and intl both operate intra europe. I'm thinking this is a logical decision that will create an LCC for intra europe and help swiss get out from under certain labor liabilities. They also need to meet their SCORE commitment to LH Group and this can go a long way. LX has to come up with Euro 84 million in savings as their assigned goal from SCORE.
     
  5. OY-JFS
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    At some other forum, at has been denied by a LX-insider:

     
  6. Lufthansa Flyer
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    No one said it was official, just an internal document referencing the potential for a split, but then again just because it's denied doesn't mean there's no element of truth to it. I guess we'll know the truth soon enough
     
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  7. TRAVELSIG
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    Let us watch and see what happens.

    If this does go the split way, it is really a shame for the employees and customers.
     
  8. jbcarioca
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    jbcarioca Gold Member

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    There really was nothing terribly wrong about Swissair and Crossair, but the bad real estate decisions made the SR go broke IIRC.
    I loved SR, as nearly 10mm miles BIS proved. Lots of DC-10 trips ZRH-PEK, CAI-ZRH, JFK-ZRH and just about every other LH trip they had in those wonderful days.
     
  9. TRAVELSIG
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    Possibly Sabena had a lot of contribution to the Swissair failure.

    I really liked the old Swissair as well, and actually quite like the new Swiss. My fear is that SCORE is going to extract a heavy penalty here as well however. Let's watch and see. I also quite like the Swiss onboard employees who are great.
     
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  10. jbcarioca
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    Sabena was a contributing factor, at a minimum. I too like Swiss (as one of my favorite FA's said soon after the Crossing) So What It's Still Swissair.
     
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  11. Lufthansa Flyer
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    didnt the crash of the swissair flight over canada help swiss slide into extinction faster? I was only wee lad at the time so I don't recall the immediate after effect from that crash. But seeing how Pan Am struggled after Lockerbie and TWA after it's disaster and both disappeared shortly thereafter, I wonder if that wasn't a major contributing factor to Swissair's demise
     

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