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Case Study

Grounding: Did corporate governance fail at Swissair?

By Ulrich Steger and Helga Krapf

15 pages

April 2002

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Reference: IMD-3-1057

The board and management of Swissair were challenged in a new way after the country decided in 1992 against joining the European Economic Area. Swissair had to remain globally competitive or run the risk of becoming an insignificant regional airline since it was no longer operating under the same conditions as airlines in the European Aviation market. The case describes the strategic decisions and developments until the collapse of the airline in 2001 with a focus on Corporate Governance issues.

Keywords

Corporate Governance Failure, Airline

Settings

Switzerland
1993-2001

Type

Published Sources

Available Languages

English

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