On 1 April 2002, a former regional subsidiary Crossair renamed itself Swiss International Air Lines and took over most of Swissair's routes, planes, and staff. Swissair Group still exists and has since been liquidated. Swiss International Air Lines was taken over by the German airline Lufthansa in 2005.
What happened to Swissair?
Swissair, Switzerland’s former national airline ceased operations back in 2002. Swiss International Air Lines (SWISS) is now Switzerland’s national airline. It runs flights from its hub, Zurich, and Geneva to more than 100 destinations in 50 countries worldwide.
Who owns Swiss International Air Lines?
Crossair later changed its name to Swiss International Air Lines, and the new national airline officially started operations on 31 March 2002. The airline was initially owned by institutional investors (61.3%), the Swiss Confederation (20.3%), cantons and communities (12.2%), and others (6.2%).
