August 23, 2014 12:29 PM ET

Airlines

Company Overview of Swiss International Air Lines AG

Company Overview

Swiss International Air Lines AG, together with its subsidiaries, provides passenger air transportation services worldwide. It also offers cargo services and charter services. Swiss International Air Lines AG was formerly known as Crossair Ltd. and changed its name to Swiss International Air Lines AG in July 2002. The company is headquartered in Basel, Switzerland. As of June 3, 2005, Swiss International Air Lines AG operates as a subsidiary of Deutsche Lufthansa Aktiengesellschaft.

Malzgasse 15

Basel,  4052

Switzerland

Phone:

41 61 582 00 00

Fax:

41 61 582 33 33

Key Executives for Swiss International Air Lines AG

Chief Executive Officer and Member of Management Board
Age: 50
Chief Financial Officer and Member of Management Board
Age: 51
Chief Operating Officer and Member of Management Board
Age: 60
Deputy Chairman
Age: 54
Chief Cargo Officer and Member of the Management Board
Compensation as of Fiscal Year 2014.

Swiss International Air Lines AG Key Developments

Swiss and Austrian Airlines Partner to Provide Services on Zurich-Lugano Route

Swiss International Air Lines partnered with Austrian Airlines to provide services on its domestic Zurich-Lugano route from the 2014/15 winter schedules onwards. The new arrangement will also see the current capacity on the route increased by 50%. Sister Lufthansa Group carrier Austrian Airlines is to newly operate Swiss's Zurich-Lugano services on the latter's behalf using advanced Bombardier Dash 8-Q400 turboprop aircraft. The new service, which begins on 1 November, will remain at the present four daily frequencies; but the new Dash 8-Q400 equipment will offer 76 seats per flight, some 50% more than the aircraft currently used. The present wet-lease agreement under which the services concerned are provided by Darwin Airline (now known as Etihad Regional) expires at the end of October and will not be renewed.

Swiss International Air Lines Reaches Agreement with its Two Pilots' Unions

Swiss International Air Lines and its Aeropers and IPG pilots unions have reached an agreement in their negotiations on the future overall structure and working parameters for the company s cockpit crew corps. SWISS and its Aeropers and IPG cockpit crew unions have been in discussions since the end of last year with a view to establishing forward-looking working structures and laying the foundations for a single pilot corps. After intensive negotiations, the parties have found a viable compromise in the last few days that has met with the approval of both unions and the company. The key issues in these discussions have been creating an integrated Swiss European & Swiss International pilot corps, efficiently introducing the new Bombardier CS100 and Boeing 777 aircraft types, sustainably maintaining SWISS s competitive edge, securing cockpit jobs and establishing and developing the company s new Geneva crew base. The agreement reached will now be used to work out the corresponding amendments to the collective labour agreements (CLAs) of the two pilot corps between now and the end of this year. These amendments will then be presented to the unions respective members for approval. The aim here is to have all collaborations under the new employment parameters from April 2014 onwards. With the result of these negotiations, and the corresponding integration of Swiss European Air Lines into Swiss International Air Lines, SWISS is both setting a vital course for its own corporate future and breaking new ground within the airline industry. Ltd.

Swiss International Air Lines Ltd. Appoints Markus Altenbach as New General Manager, India

Swiss International Air Lines Ltd. has declared Markus Altenbach as their new General Manager, India. He will be taking over from Mr. Jean-Philippe Benoit who retired recently. Based in Brazil since 1999, Altenbach was the Regional Director of Swiss International Air Lines for Latin America. In his new role, he will be responsible for overseeing Swiss International Air Lines' account co-operations, direct sales and maintaining relationship with top clients and sales partners.

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