Who is the Owner of Swissair?

Swissair, the former national airline of Switzerland, ceased operations and went bankrupt in 2002, meaning it no longer has an owner. Its successor, SWISS International Air Lines (SWISS), is currently owned by the Lufthansa Group.

Understanding Swissair's Legacy and Demise

Swissair was once a prominent global airline, renowned for its quality and service. However, following a period of financial difficulties and an overly ambitious expansion strategy known as the "Hunter Strategy," the airline declared bankruptcy in 2002. This marked the end of an era for Swiss aviation, leading to the grounding of its fleet and a significant restructuring of the country's airline industry.

The Emergence of SWISS International Air Lines

From the remnants of the defunct Swissair Group, SWISS International Air Lines (SWISS) was established. It was initially formed from Crossair, Swissair's regional airline subsidiary, and took over a substantial part of Swissair's routes, fleet, and personnel. SWISS launched its first flight in 2002, aiming to restore Switzerland's air connectivity and reputation in the aviation sector.

Current Ownership of SWISS

Today, SWISS is Switzerland's largest airline, operating a global flight network from its main hubs in Zurich and Geneva. It is an integral part of one of the world's leading aviation groups.

Key Facts about SWISS's Ownership:

• Parent Company: SWISS is part of the Lufthansa Group, a globally operating aviation group with more than 550 subsidiaries and affiliates. The Lufthansa Group acquired SWISS in 2005.
• Airline Alliance: SWISS is a proud member of the Star Alliance, the world's largest airline alliance. This membership allows SWISS passengers to benefit from an extensive global network and seamless travel experiences.

In essence, while Swissair itself is no longer in operation and therefore has no owner, its legacy lives on through SWISS, which thrives under the ownership of the Lufthansa Group.