Swiss International Air Lines (LX) is expecting a much more moderate growth rate in 2012 because of the weakness of the European economy. LX CEO Harry Hohmeister told ATW in Addis Ababa last week that the airline expects a flat growth rate in terms of passengers for the winter schedule season, compared to the same period last year, as well as a single-digit percent growth for summer 2012. “LX is very flexible and we have shown our flexibility already in 2009/10,” said ...

Subscribe to Access this Entire Article

"Swiss expects smaller growth path next year and 2013" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions? ATWPlus@penton.com.