Swiss International Air Lines cutting Madrid, Athens flights
Switzerland’s national flag carrier Swiss International Air Lines, also popularly called SWISS, recently announced that it would be cutting its flights services to Greece and Spain.
The airline in a statement said that Swiss International Air Lines flights services to Athens and Madrid would be curtailed because of significant losses being made on the two routes. Both, Greece and Spain have been hit hard by the eurozone crisis.
The airline said that it is going to make up for the losses after curtailing flights to Athens and Madrid, and would be expanding its flights to more lucrative and profitable destinations.
Rainer Hildebrand, Chief Operating Officer of Swiss International Air Lines, said that the existing services to Greece and Spain are running into losses and have become unsustainable because of the ongoing economic turmoil in both the countries.
Hildebrand said that the airline needs to change and bring in more new destinations. The airline would also think about increasing frequency to such destinations which would prove to be beneficial to the customers.