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Swissair
IATA SR	ICAO SWR	Callsign Swissair
Founded		1931
Hubs		Zürich Kloten Geneva Cointrin
Frequent flyer program		Qualiflyer
Member lounge		Swissair Lounge
Alliance		Qualiflyer
Fleet size
Destinations		157
Headquarters		Zürich, Switzerland
Key people		Mario Corti, CEO
Website: www.swissair.com

Swissair (Swiss Air Transport Company Limited) is the former national airline of Switzerland. It was formed of a merger between Balair and Ad Astra Aero (To the Stars), in 1931. For most of its 71 years, Swissair was known as the "Flying Bank" due to the financial stability of the airline, causing it be regarded as a Swiss national symbol and icon. Image File history File links Broom_icon. ... Image File history File links Swissair_logo. ... IATA airline designators, sometimes called IATA reservation codes, are two-character codes assigned by the International Air Transport Association (IATA) to the worlds airlines in accordance with the provisions of Resolution 762. ... It has been suggested that this article or section be merged with ICAO airline code. ... Most airlines employ a distinctive and internationally recognised call sign that is normally spoken during airband radio transmissions as a prefix to the flight number. ... 1931 (MCMXXXI) was a common year starting on Thursday (link is to a full 1931 calendar). ... An airline hub is an airport that an airline uses as a transfer point to get passengers to their intended destination. ... Arrivals Lounge Interior of airport terminal Zürich Airport (IATA: ZRH, ICAO: LSZH) also called Kloten Airport, is located in Kloten, canton of Zürich, Switzerland and managed by Unique Airport. ... Geneva Cointrin International Airport (IATA: GVA, ICAO: LSGG) is an airport in Geneva, Switzerland. ... Membership cards of FFP This article is about airline frequent flyer programs. ... Qualifler was the name of Swissair frequent flyer program created in April of 1992. ... The lounge at ZRH, Switzerland An airport lounge is a lounge owned by a particular airline (or jointly operated by several carriers). ... An airline alliance is an agreement between two or more airlines to cooperate for the foreseeable future on a substantial level. ... Qualifler was the name of Swissair frequent flyer program created in April of 1992. ... View of the inner city with the four main churches visible, and the Albis in the backdrop Zürich (German: , Zürich German: Züri , French: , in English generally Zurich, Italian: ) is the largest city in Switzerland (population: 366,145 in 2004; population of urban area: 1,091,732) and... A Boeing 747-400 of Virgin Atlantic Airways An airline provides air transport services for passengers or freight. ... 1931 (MCMXXXI) was a common year starting on Thursday (link is to a full 1931 calendar). ... National symbols are symbols of states, nations and countries in the world. ...

Nearly 30 percent of Swissair stock was owned by the Swiss government, and at the demise of the airline, Swissair belonged to the holding company SAirGroup, the regional airline Crossair, and the charter company Balair. Its major hubs until the early 90's were at Zürich International Airport and Geneva Cointrin International Airport. Crossair was an airline based in Switzerland, founded by Moritz Suter. ... An airline hub is an airport that an airline uses as a transfer point to get passengers to their intended destination. ... Arrivals Lounge Interior of airport terminal Zürich International Airport (IATA: ZRH, ICAO: LSZH) also called Kloten Airport, is located at in Kloten, canton of Zürich, Switzerland and managed by Unique Airport. ... Geneva Cointrin International Airport (IATA: GVA, ICAO: LSGG) is an airport in Geneva, Switzerland. ...

Designator code

Swissair used the IATA designator code SR and the ICAO designator code SWR. Its successor, Swiss International Air Lines, is using the old Crossair sign LX and the ICAO code SWR. The International Air Transport Association is an international trade organization of airlines headquarted in Montreal, Quebec, Canada. ... The International Civil Aviation Organization (ICAO), an agency of the United Nations, develops the principles and techniques of international air navigation and fosters the planning and development of international air transport to ensure safe and orderly growth. ... Swiss International Air Lines (short: Swiss) is the principal airline of Switzerland operating scheduled services in Europe and to North America, South America, Africa and Asia. ...

History

The "Hunter Strategy"

In the 1990s Swissair initiated a large expansion program known as the "Hunter Strategy" in which it aimed to grow by buying small airlines instead of forming alliances. It acquired 49.5 percent of Sabena, the Belgian national airline, and bought important stakes in several minor airlines like Air Liberté, AOM, Air Littoral, Volare, LOT, Air Europe, TAP Portugal, Turkish Airlines, South African Airways, Portugalia and the German holiday carrier LTU. For the band, see 1990s (band). ... SABENA was the former national airline of Belgium, which mainly operated from Brussels National Airport. ... Air Liberté was an airline in France founded in July of 1987. ... Swissair Logo Swissair, short for Swiss Air Transport Company Limited, was Switzerlands national airline for 71 years (1931–2002), established when the airlines Balair and Ad Astra Aero (To the Stars) merged. ... Air Littoral was an airline in France founded in 1972 and originally based at Montpellier. ... Airbus A320 of Volareweb. ... Lot is: Place Specific - A French département, see Lot (département) A French river, a tributary of the Garonne, see Lot River A Belgian town, see Lot, Belgium A Polish Airline, see LOT Polish Airlines Character Specific - A Biblical figure, the nephew of Abraham, see Lot (Biblical) Lot, a... Air Europe was a wholly privately owned, Independent British airline, established in 1978 under the working title Inter European Airways. ... TAP Portugal (Transportes Aéreos Portugueses) is the national airline of Portugal, based in Lisbon and a member of the Star Alliance. ... Turkish Airlines (Turkish Türk Hava Yolları) (THY) is the national airline of Turkey based in Istanbul. ... South African Airways (SAA) is South Africas largest domestic and international airline company. ... Portugália is a Portuguese airline. ... LTU may mean: Land treatment unit, a term in bioremediation Lambda the Ultimate, a weblog devoted to programming languages La Trobe University, a university in Australia Liaoning Technical University, a university in China LuleÃ¥ University of Technology, a university in Sweden LTU International Airways, a German charter airline company LTU...

The financing of the Hunter Strategy proved too costly, and coupled with increasing losses in their investments, Swissair parent SAirGroup faced a cashflow crisis. This was partly due to the slump in demand following the terror attacks in the USA on 9/11. On October 2, 2001 the entire Swissair fleet was grounded.^[1] Many blamed the largest bank in Switzerland, UBS AG, for the fiasco, because UBS refused to extend Swissair's line of credit. The day after the grounding, demonstrators could be seen carrying reading "Bin Ospel" (referring to Marcel Ospel, the UBS chairman) and "UBS = United Bandits of Switzerland". In finance, cash flow refers to the amounts of cash being received and spent by a business during a defined period of time, sometimes tied to a specific project. ... The date that commonly refers to the attacks on United States citizens on September 11, 2001 (see the September 11, 2001 Attacks). ... October 2 is the 275th day (276th in leap years) of the year in the Gregorian Calendar, with 90 days remaining. ... 2001 (MMI) was a common year starting on Monday of the Gregorian calendar. ... There are several meanings of the term Grounding: Grounding is also used to describe the connection of part of an electrical circuit to an electrical ground. ... UBS AG (NYSE: UBS; SWX:UBSN; TYO: 8657 ) is a financial services company, headquartered in Basel and Zürich, Switzerland. ... This article needs to be cleaned up to conform to a higher standard of quality. ...

Two large bridge loans from the Swiss Federation were needed to finance the continuation of flight operations. When flights resumed, captains had to carry large sums of cash in order to provide collateral for fuel purchases at foreign airports. Finally, on March 31, 2002, Crossair took over most of the assets from Swissair, and Swissair ceased to be. Assets that were not taken over by Crossair were liquidated by Kurt Hoss Liquidators in Zürich. Finally, Crossair was renamed Swiss International Air Lines. It is now usually known simply as "Swiss". A bridge loan is similar to a hard money loan. ... Collateral could mean: Collateral in finance means a security or guarantee (usually an asset) pledged for the repayment of a loan if one cannot procure enough funds to repay. ... March 31 is the 90th day of the year in the Gregorian calendar (91st in leap years), with 275 days remaining. ... For album titles with the same name, see 2002 (album). ... In business and accounting an asset is anything owned, whether in possession or by right to take possession, by a person or a group acting together, e. ... Swiss International Air Lines (short: Swiss) is the principal airline of Switzerland operating scheduled services in Europe and to North America, South America, Africa and Asia. ...

Factors behind collapse

Like other airlines, Swissair's operations and profitability were disrupted in the wake of the September 11 attacks on the United States. However, as Swissair's directors included many politicians, commentators have pointed to potential conflicts of interest as fundamental to the demise of Swissair. The judiciary is continuing to examine why Swissair acquired counselling that supported the Hunter Strategy, and why Swissair continued to make certain payments despite nearing insolvency. Questions have also been raised about federal aid given to Swissair and the politicians involved. Profit, from Latin meaning to make progress, is defined in two different ways. ... The World Trade Center on fire The September 11, 2001 attacks were a series of coordinated terrorist attacks against the United States on September 11, 2001. ... In relation to a company, a director is an officer of the company charged with the conduct and management of its affairs. ... A conflict of interest is a situation in which someone in a position of trust, such as a lawyer, a politician, or an executive or director of a corporation, has competing professional or personal interests. ... The Politics series Politics Portal This box:      In law, the judiciary or judicial is the system of courts which administer justice in the name of the sovereign or state, a mechanism for the resolution of disputes. ... Look up counsel in Wiktionary, the free dictionary. ... Insolvency is a financial condition experienced by a person or business entity when their assets no longer exceed their liabilities (commonly referred to as balance-sheet insolvency) or when the person or entity can no longer meet its debt obligations when they come due (commonly referred to as cash-flow... In economics, a subsidy is generally a monetary grant given by a government to lower the price faced by producers or consumers of a good, generally because it is considered to be in the public interest. ...

Management Trial

The Criminal trial began January 16, 2007 in Bülach, north of Zürich and is expected to run through March 9). The entire Swissair management board stand facing criminal charges of mismanagement, false statements, and forgery of documents. Top defendants in the trial are Mario Corti, Philippe Bruggisser, George Schorderet, Jacqualyn Fouse, Eric Honegger and Vrena Spoerry. Corti, Honegger and Spoerry have entered statements proclaiming their innocence.^[2] January 16 is the 16th day of the year in the Gregorian calendar. ... 2007 (MMVII) is the current year, a common year starting on Monday of the Gregorian calendar and the Anno Domini (common) era. ... Bülach is a municipality in the Swiss in the canton of Zurich, located in the district of the same name. ... March 9 is the 68th day of the year in the Gregorian calendar (69th in leap years). ...

Swissair Legacy

Crossair restarted the company in 2001 and the successor airlines Swiss International Air Lines and Swiss European Air Lines were born. These two airlines are divisions of Swiss, the parent company. Recently, Swiss merged into the Lufthansa Group and Deutsche Lufthansa AG, the flag carrier of Germany. Swiss International Air Lines (short: Swiss) is the principal airline of Switzerland operating scheduled services in Europe and to North America, South America, Africa and Asia. ... Swiss European Air Lines is a subsidiary of the Swiss International Air Lines, operating as the latter on some of its nearby destinations. ... Deutsche Lufthansa AG (ISIN: DE0008232125) (pronounced ) is the largest German airline, and the second-largest in Europe (behind Air France-KLM, but before British Airways). ...

With the merger with Lufthansa, Swiss joined the Star Alliance as Lufthansa is a member of Star Alliance. The two airlines operate their flights on behalf of each other, making up something similar to a joint flag carrier of Germany and Switzerland. The Star Alliance, launched on May 14, 1997, is the largest and most awarded airline alliance in the world, with the following points of cooperation among its partner airlines: Frequent flyer program integration allows airline miles to be earned and redeemed on all members of the Alliance at the same...

At one point, it appeared that Swiss was going to become a member of the Oneworld alliance. It had codeshares with Oneworld carriers British Airways, Cathay Pacific, Qantas, Aer Lingus and Finnair, and held a strategic partnership and joint operation for all service to North America and AA-operated flights beyond U.S. gateways using American Airlines. Swiss started to terminate these codeshare agreements, but did not terminate the AA alliance. A theory emerged that Swiss was planning to use its partnerships, the AA alliance, and its partnership with British Airways, a strong supportive member of Oneworld, to join Oneworld itself. Swiss took a sudden turn in 2005 with its alliance with Lufthansa, and continued into the Star Alliance network. Throughout this the American Airlines alliance remained, but did not expand. Swiss then created an alliance with Star Alliance member United Airlines and replaced some of the American Airlines codeshare destinations from Dallas and JFK, AA's hubs with United codeshare service out of O'Hare (the only place where American Airlines and United share a hub) and Washington Dulles International Airport. Therefore, the American Airlines alliance was weakened. For other uses, see Oneworld (disambiguation). ... For the 1930s airline of similar name, see British Airways Ltd. ... Cathay Pacific Airways Limited (Traditional Chinese: ; Simplified Chinese: ; pinyin: ; abbreviation: 國泰/国泰) (SEHK: 0293) is an Asian airline based in Hong Kong, operating scheduled passenger and cargo services to 103 destinations world-wide. ... Qantas (pronounced ) is the name and callsign of the worlds second oldest continuously running independent airline behind KLM. It is the 10th largest airline in the world. ... Aer Lingus is the national airline of Ireland. ... Finnair Airbus A320-200 Finnair MD-11, decorated with Moomin characters Finnair is Finlands largest airline and the national flag carrier. ... American Airlines (AA) is the largest airline in the world in terms of total passengers-miles transported [1] and fleet size[], and the second-largest airline in the world (behind Air France-KLM) in terms of total operating revenues[]. A wholly owned subsidiary of the AMR Corporation, the airline is... United Airlines, Inc. ... Washington Dulles International Airport (IATA: IAD, ICAO: KIAD) serves the greater Washington, D.C./metropolitan area. ...

American Airlines and Swiss both plan to terminate all codeshare service including their alliance agreement altogether. Most routes out of O'Hare International Airport in Chicago, American's hub, are currently operated by United, which also uses O'Hare for a hub. Therefore, the American Alliance will be terminated little-by-little, and with every inch the AA alliance weakens, the United alliances gains the same amount. It is likely that United will have taken over the American-Swiss alliance sometime during 2007. ORD redirects here. ... Nickname: The Windy City, The Second City, Chi Town, City of the Big Shoulders, The 312, The City that Works Motto: Urbs In Horto (Latin: City in a Garden), I Will Location in Chicagoland and Illinois Coordinates: Country United States State Illinois County Cook & DuPage Incorporated March 4, 1837 Government...

Swiss recycled the Swissair fleet and refurbished the liveries to turn it into the new Swiss fleet. Swiss has since retired all of its Boeing and McDonell Douglas fleet and operates all Airbus models from the A319 to the A340 aircraft. Swiss retired its Saab 2000 and Embraer ERJ 145 aircraft, and operates the British Aerospace Avro Aerospace RJ-85 and 100 aircraft. Swiss's frequent flyer club, Swiss TravelClub became part of Miles & More, which was originally the Lufthansa frequent flyer club. It acts as both airlines' frequent flyer program. The Boeing Company (NYSE: BA, TYO: 7661 ) is an aerospace and defense corporation headquartered in Chicago, Illinois. ... DC-10, retired from American Airlines fleet at gate McDonnell Douglas was a major American aerospace manufacturer, producing a number of famous commercial and military aircraft. ... This article is about the airliner manufacturer. ... The Airbus A320 is a short-to-medium range commercial passenger aircraft manufactured by Airbus. ... The Airbus A340 is a long-range four-engined widebody commercial passenger airliner manufactured by Airbus S.A.S. a subsidiary of EADS. It is similar in design to the twin-engined A330. ... Categories: Stub | Saab aircraft | Swedish airliners 1990-1999 ... Embraer 145 of the Brazilian police (Photo: Lindomar Cruz /ABr) Embraer ERJ 135 American Eagle ERJ 140 British Airways Citiexpress (Now BA Connect) ERJ 145 in British Airways utopia livery Pathania Embraer ERJ 145 cockpit Régional ERJ145 operating for Air France bmi regional ERJ 145 The Embraer ERJ 145... British Aerospace (BAe) was a UK aircraft manufacturer, now part of BAE Systems. ... The BAe 146 (also known as the Avro RJ) is a medium-sized commercial aircraft manufactured by BAE SYSTEMS. It carries its four jet engines on a high wing above the fuselage; not below, or at mid-fuselage, as on most conventional civilian aircraft. ... The BAe 146 (also known as the Avro RJ) is a medium-sized commercial aircraft manufactured by BAE SYSTEMS. It carries its four jet engines on a high wing above the fuselage; not below, or at mid-fuselage, as on most conventional civilian aircraft. ... Miles & More, which is the frequent flyer program of 12 European airlines, was launched by Lufthansa (LH) in 1993. ... Miles & More, which is the frequent flyer program of 12 European airlines, was launched by Lufthansa (LH) in 1993. ...

Accidents and incidents

June 19 is the 170th day of the year (171st in leap years) in the Gregorian Calendar, with 195 days remaining. ... 1954 (MCMLIV) was a common year starting on Friday of the Gregorian calendar. ... A restored Convair 240 in Western Air Lines livery, at the Planes of Fame Museum in Chino, California. ... There are very few or no other articles that link to this one. ... Satellite view of the English Channel The English Channel (French: La Manche (IPA: ), the sleeve) is the part of the Atlantic Ocean that separates the island of Great Britain from northern France and joins the North Sea to the Atlantic. ... Folkestone Harbour, picture taken from the golf court Folkestone (pronounced ) is a coastal resort town in the Shepway district of Kent, England. ... A personal flotation device (also named PFD, lifejacket, life preserver, Mae West, life vest, life saver, cork jacket, life belt) is a device designed to keep a wearer afloat and their head above water, often in swimming pools, rivers, lakes, or oceans. ... July 15 is the 196th day (197th in leap years) of the year in the Gregorian Calendar, with 169 days remaining. ... 1956 (MCMLVI) was a leap year starting on Sunday of the Gregorian calendar. ... A restored Convair 240 in Western Air Lines livery, at the Planes of Fame Museum in Chino, California. ... Nickname: Americas Finest City Location of San Diego within San Diego County Coordinates: Country United States State California County San Diego Founded July 16, 1769 Incorporated March 27, 1850 Government  - Mayor Jerry Sanders  - City Attorney Michael Aguirre  - City Council Scott Peters Kevin Faulconer Toni Atkins Tony Young Brian Maienschein... View of the inner city with the four main churches visible, and the Albis in the backdrop Zürich (German: , Zürich German: Züri , French: , in English generally Zurich, Italian: ) is the largest city in Switzerland (population: 366,145 in 2004; population of urban area: 1,091,732) and... NY redirects here. ... Gander International Airport (IATA: YQX, ICAO: CYQX) is located in Gander, Newfoundland and Labrador, Canada and is currently run by the Gander Airport Authority. ... Shannon Airport (IATA Airport Code; SNN, ICAO Airport Code; EINN) is Irelands main transatlantic airport. ... In aerodynamics, a stall is a condition in which an excessive angle of attack causes loss of lift due to disruption of airflow. ... June 18 is the 169th day of the year in the Gregorian Calendar (170th in leap years), with 196 days remaining. ... 1957 (MCMLVII) was a common year starting on Tuesday of the Gregorian calendar. ... The Douglas DC-3 is a fixed-wing, propeller-driven aircraft, which revolutionized air transport in the 1930s and 1940s and is generally regarded as one of the most significant transport aircraft ever made (also see Boeing 707 and Boeing 747). ... Visual flight rules (VFR) are a set of aviation regulations under which a pilot may operate an aircraft in weather conditions sufficient to allow the pilot, by visual reference to the environment outside the cockpit, to control the aircrafts attitude, navigate, and maintain safe separation from obstacles such as... A glossary of terms used in relation to aircraft, in alphabetical order. ... September 4 is the 247th day of the year (248th in leap years). ... 1963 (MCMLXIII) was a common year starting on Tuesday (the link is to a full 1963 calendar). ... The SE 210 Caravelle was the first short/medium-range jet airliner, produced by the French Sud Aviation firm starting in 1955 (when it was still known as SNCASE). ... Runway 13R/31L of El Dorado International Airport, Bogotá, D.C., Colombia. ... Ryanair Boeing 737 taking off Take off is the phase of flight where an aircraft transitions from moving along the ground (taxiing) into the air (see flight), usually from a runway. ... A fuel line is a hose used to bring fuel from one point in a vehicle to another. ... February 10 is the 41st day of the year in the Gregorian Calendar. ... 1967 (MCMLXVII) was a common year starting on Sunday of the Gregorian calendar (the link is to a full 1967 calendar). ... February 21 is the 52nd day of the year in the Gregorian Calendar. ... 1970 (MCMLXX) was a common year starting on Thursday. ... NASA Convair 990 The Convair 990 Coronado was a jet airliner produced by the Convair division of General Dynamics, a stretched version of their earlier Convair 880 produced in response to a request from American Airlines. ... Tel-Aviv was founded on empty dunes north of the existing city of Jaffa. ... September 6 is the 249th day of the year (250th in leap years). ... 1970 (MCMLXX) was a common year starting on Thursday. ... Hijackers inside flightdeck of TWA Flight 847 Aircraft hijacking (also known as skyjacking and aircraft piracy) is the take-over of an aircraft, by a person or group, usually armed. ... Zarqa (Arabic: ‎ ; BGN: Az Zarqāʼ; local pronunciation ez-Zergā or ez-Zera) is a city in Jordan located to the northeast of Amman. ... Main article: Black September in Jordan The Dawsons Field hijacking occurred on September 6, 1970. ... October 8 is the 281st day of the year in the Gregorian calendar (282nd in leap years). ... For the song by The Smashing Pumpkins, see 1979 (song). ... The Douglas DC-8 is a four-engined jet airliner, manufactured between 1959 and 1972. ... Athens International Airport, Elefthérios Venizélos (Greek: ) (IATA: ATH, ICAO: LGAV), which began operation on 29th of March 2001, is the only civilian airport that serves the city of Athens. ... KLM Fokker 70 with reverse thrust applied. ... September 2 is the 245th day of the year (246th in leap years) in the Gregorian calendar. ... 1998 (MCMXCVIII) was a common year starting on Thursday of the Gregorian calendar, and was designated the International Year of the Ocean [1]. // Coated in ice, power and telephone lines sag and often break, resulting in power outages. ... The McDonnell Douglas MD-11 is a three-engined medium to long-range widebody airliner, with two engines mounted on underwing pylons and a third engine at the base of the vertical stabilizer. ... John F. Kennedy International Airport (IATA Airport Code: JFK, ICAO Airport Code: KJFK) is the main international airport in New York City, and is one of the largest airports in the world. ... Geneva Cointrin International Airport (IATA: GVA, ICAO: LSGG) is an airport in Geneva, Switzerland. ... Motto: {{Unhide = {{{}}}}} E Mari Merces (Wealth from the Sea) Logo: Location City Information Established: April 1, 1996 Area: urban area 79. ... Swissair Flight 111 (SR-111, SWR-111) was a Swissair McDonnell Douglas MD-11 on a scheduled airline flight from John F. Kennedy International Airport in New York City, United States to Cointrin International Airport in Geneva, Switzerland. ...

Trivia

The Swiss astronomer Paul Wild named an asteroid which he discovered in 1968 2138 Swissair. An astronomer or astrophysicist is a person whose area of interest is astronomy or astrophysics. ... There are various people named Paul Wild, including two astronomers: Prof. ... 253 Mathilde, a C-type asteroid. ... 1968 (MCMLXVIII) was a leap year starting on Monday. ... 2138 Swissair was the name given to an asteroid discovered on April 17, 1968 by Swiss astronomer Paul Wild at the Zimmerwald Observatory near Berne, Switzerland. ...

See also

• List of notable business failures

The following is a list of notable business failures, known either for marking the end of a well-known brand, for criminal proceedings associated with their demise (often fraud or other corporate crime) or for causing significant financial problems or suffering. ...

Notes

There are several meanings of the term Grounding: Grounding is also used to describe the connection of part of an electrical circuit to an electrical ground. ... Look up lexicon in Wiktionary, the free dictionary. ... 2007 (MMVII) is the current year, a common year starting on Monday of the Gregorian calendar and the Anno Domini (common) era. ... February 22 is the 53rd day of the year in the Gregorian Calendar. ...

References

• Aviation Safety Network
• Nolmans, Erik (Nov. 14, 2005). "UBS Fastens its Seatbelts". FORTUNE, p. 20.

Fortune or fortune can refer to: Luck Wealth Fortune magazine The fortune Unix/Linux command, which prints a random quote Fortune (Metal Gear), a character from Metal Gear Solid 2: Sons of Liberty. ...

External links

• Last Swissair Page on the web, from the Internet Archive
• Swissair Fansite
• Private site focusing on Swissair's Grounding (German)
• Swissair and Swiss Fan Site