SWISS posts earnings of CHF 578 million for 2019

SWISS generated altered earnings prior to curiosity and taxes (Modified EBIT) of CHF 578 million for 2019 (prior year: CHF 636 million), and thus once more reached its target of a double-digit Modified EBIT margin. Overall revenues for the year amounted to CHF 5.33 billion, broadly in line with the CHF 5.thirty billion of 2018. In check out of the drastic decline in bookings in the very last couple months as a result of raising journey limits and border closures, SWISS is suffering from substantial earnings losses in 2020. Short-time period measures to safeguard the company’s liquidity are now the

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