Swiss International Air Lines Ltd.
Phone: +41 848 773 773
Fax: +41 44 564 21 27
18. January 2004
In the past few days various media have reported on the negotiations SWISS is involved in to obtain an operating credit. SWISS has the following to say on the matter:
SWISS is engaged in ongoing negotiations with various foreign and domestic banks to secure an operating credit. In addition to commercial credit provided by the banks, support from shareholders is also desired. This could take the form of a shareholders’ loan, for example.
The main purpose of these negotiations is to ensure liquidity in the event of unforeseen developments.
SWISS will inform the public about the conclusion of these negotiations at the appropriate time.