Swiss International Air Lines and Kuoni Travel Holding will launch a comprehensive partnership under which Swiss will acquire Kuoni's leisure carrier, Edelweiss Air, while Kuoni will offer a range of hotel options on Swiss's website beginning next year. "This collaboration is a win/win situation for everyone involved," Swiss CEO Christoph Franz said. The parties agreed not to divulge financial terms, but Swiss media reported last week that Swiss will pay nearly CHF75 million ($68.2 million) ...

Subscribe to Access this Entire Article

"Printer-friendly" 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?

Already registered? here.