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Wednesday, 3 October, 2001, 17:36 GMT 18:36 UK
State rescues Swissair

Trust in the Swiss economy, trust in the whole ofSwitzerland... will be dragged into the mud

Swiss President Moritz Leuenberger

We believe Swissair Group shares effectively look worthless

Investment bank Merrill Lynch
Swissair stakes in other airlines
Sabena - 49.5%
LTU (German) 49.9%
South African Airways - 20%
Volare (Italy) - 49.7%
LOT (Poland) - 37.6%
Crossair - 70.35% (bought by banks Credit Suisse and UBS)
Balair (Swiss) - 100%

Source: AFP

 WATCH/LISTEN
 ON THIS STORY
The BBC's Simon Montague
reports on the deepening crisis for Europe's national airlines
Kevin Lyne Smith, Bank Julius Zurich
"Sabena suing Swissair is like launching an unguided missile"

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