‘Swiss Skies’ to seek $100m for H2 2019 launch

posted on 20th September 2018 by yumna
'Swiss Skies' to seek $100m for H2 2019 launch

A new long-haul, low-cost airline, tentatively named ‘Swiss Skies’ is aiming to secure $100m of funding for a launch in the second half of 2019.

A media presentation last week saw the new airline explain that it will focus on long-haul routes into North America from its proposed base at Basel and then expand its network to destinations in Europe.

As Reuters reported, the airline aims to make $1.5bn in revenue in the next five years and will make a profit within three years.

The founders of the airline wish to be recognised as a ‘disruptor’ to the commercial aviation industry.

It has been rumored that one of the inaugural routes for the airline will be between Basel and Cincinnati, Ohio, linking the major pharmaceutical industries in both cities.

Swiss Skies has said it will begin operating with one 190-seat Airbus A321neo.

Little more is known other than what the airline has stated in releases to media. AGS will update this as soon as new details emerge.