Encyclopedia > Swiss International Air Lines
Swiss International Air Lines
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Swiss International Air Lines Airbus A321-100 (HB-IOH) Larger version |
Swiss International Air Lines was formed after the 2001 bankruptcy of Swissair, Switzerland's former flag carrier[?]. The failed airline's biggest creditors, Credit Suisse[?] and UBS, arranged to sell Swissair's assets to Crossair, a Swiss airline they also owned. Crossair then changed it's name to Swiss, and the new national airline started its operations on March 31, 2002.
Today Swiss operates a fleet of 133 aircraft, of which 26 are long-haul MD-11 and Airbus A330 planes. The company has aspirations to join the oneworld[?] Airline alliance, but has so far been blocked by British Airways, with which Swiss competes on many long-haul routes.
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