Swiss links up with Oneworld, BA

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WASHINGTON -- Swiss accepted an invitation to join the Oneworld alliance.

In what Swiss described as a "parallel move," it also signed a memorandum of understanding to forge an alliance with British Airways, a Oneworld member.

Swiss, with its financial woes, said the deals will "significantly enhance Swiss' business prospects," including an expected direct commercial benefit of $73.6 million a year.

It also said Oneworld members plan to make greater use of Zurich Airport as a hub for the Central European market.

Oneworld carriers other than Swiss operate 34 flights most days at Zurich.

Swiss becomes the ninth member of Oneworld, which also includes American, British Airways, Qantas, Cathay Pacific, Iberia, LanChile, Finnair and Aer Lingus.

To contact reporter Andrew Compart, send e-mail to [email protected].

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