As little as now, Swiss has not flown since last spring. The rescue loan could already be used up in summer.
As little as now, Swiss has not flown since the first Corona wave.
She burns the rescue loan of 1.5 billion francs faster than she would like.
Above all, the current entry restrictions are causing problems for the airline.
Swiss is burning its rescue loan over 1.5 billion francs faster than it and the Swiss Confederation, which is largely responsible for it, would like. She has already moved into half a billion – and in the worst case scenario, everything could be gone by the end of summer. A few days ago, the Lufthansa subsidiary sent a letter with this scenario to several federal councilors, as inaugurated people have confirmed to the “Tages-Anzeiger”.
Above all, however, the airline describes the emergency that the current entry restrictions are placing them in: Since February 8, all people who come to Switzerland by plane must be able to show a negative PCR test result. For all other means of transport, this only applies to travelers who come from a risk area. The number of flights carried out has fallen again since then. Last week, for the first time since the first Corona wave last spring, Swiss made fewer than 200 flights in a week, as an evaluation of the “Tages-Anzeiger” shows. That is no longer 10 percent of the previous year’s level.
Unions fear mass layoffs
Against this background, the possible expiry of short-time working in September, in which the majority of the company’s employees are still working, is particularly threatening. Given the current course of business, it seems impossible that Swiss could shoulder its wages on its own. And so the unions fear the worst: If the Federal Council does not extend the short-time work and business does not recover quickly, there could soon be mass layoffs.
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