Geneva Airport has reported its first loss in its history – due to the collapse in demand.
It’s CHF 130m in the red for 2020. The year before it made a profit of CHF 84m.
The airport has cut its investment plans and brought in cost saving measures which has saved it CHF 68m.
It also made use of the federal support for working hours and claimed CHF 21m.
Crans Montana to donate CHF 1m to victim fund
Crans-Montana is to donate a million francs to a fund to help the victims of the New Year’s fire.
Lausanne police set to fight discrimination
Following accusations of racism in its police force, Lausanne has published two reports highlighting serious issues.
UBS reports $8bn profit
The bank, UBS, made a profit of nearly USD 8bn last year, around CHF 6bn, comfortably beating analysts’ expectations.
EVs make further gains - but still behind Europe
While overall car registrations in Switzerland have been falling for six years, electric and hybrid vehicles are on the rise.
Dog bite costs owner thousands
A German Shepherd attack has cost its multimillionaire owner CHF 330,000.
Cassis should be investigated, say lawyers
Swiss lawyers are calling for an investigation into Foreign Minister Ignazio Cassis.
