{"id":7527,"date":"2024-01-17T16:37:15","date_gmt":"2024-01-17T15:37:15","guid":{"rendered":"https:\/\/preview.efk.admin.ch\/prufung\/loan-to-swissair-schweizerische-luftverkehr-ag-audit-of-the-swissair-loan-settlement-final-report-following-the-conciliation-procedure-between-the-federal-office-of-civil-aviation-the-federal-fin\/"},"modified":"2024-03-08T11:09:46","modified_gmt":"2024-03-08T10:09:46","slug":"loan-to-swissair-schweizerische-luftverkehr-ag-audit-of-the-swissair-loan-settlement-final-report-following-the-conciliation-procedure-between-the-federal-office-of-civil-aviation-the-federal-fin","status":"publish","type":"audit","link":"https:\/\/www.efk.admin.ch\/en\/audit\/loan-to-swissair-schweizerische-luftverkehr-ag-audit-of-the-swissair-loan-settlement-final-report-following-the-conciliation-procedure-between-the-federal-office-of-civil-aviation-the-federal-fin\/","title":{"rendered":"Audit of the Swissair loan settlement"},"content":{"rendered":"\n

As the last act in the national airline debacle, the Swissair fleet was grounded at the start of October 2001 due to a lack of liquidity. Within hours of the grounding, the Swiss government decided to grant Swissair a loan to maintain operations until an orderly takeover took place. In the end, the loan amounted to CHF 1.45 billion, of which CHF 1.15 billion were paid out. Reimbursement amounts for products on this list were the subject of recent criticism in the media.<\/p>\n","protected":false},"featured_media":0,"menu_order":0,"template":"","audit_category":[48],"audit_type":[51],"class_list":["post-7527","audit","type-audit","status-publish","hentry","audit_category-transport-and-environment","audit_type-audit"],"acf":{"audit_lang":[{"lang":"d"}],"audit_numbers":[{"audit_number":"8374"}],"audit_office":[25217,1299,1279],"audit_office_text":"","audit_date":"20160513","bgo":false,"keywords":"debacle, ational airline, Swissair fleet, lack of liquidity, grounding, Swiss government, loan, maintain operations","audit_office_local":""},"yoast_head":"\nAudit of the Swissair loan settlement - Eidgen\u00f6ssische Finanzkontrolle (EFK)<\/title>\n<meta name=\"description\" content=\"Audit of the Swissair loan settlement\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.efk.admin.ch\/en\/audit\/loan-to-swissair-schweizerische-luftverkehr-ag-audit-of-the-swissair-loan-settlement-final-report-following-the-conciliation-procedure-between-the-federal-office-of-civil-aviation-the-federal-fin\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Audit of the Swissair loan settlement\" \/>\n<meta property=\"og:description\" content=\"Audit of the Swissair loan settlement\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.efk.admin.ch\/en\/audit\/loan-to-swissair-schweizerische-luftverkehr-ag-audit-of-the-swissair-loan-settlement-final-report-following-the-conciliation-procedure-between-the-federal-office-of-civil-aviation-the-federal-fin\/\" \/>\n<meta property=\"og:site_name\" content=\"Eidgen\u00f6ssische Finanzkontrolle (EFK)\" \/>\n<meta property=\"article:modified_time\" content=\"2024-03-08T10:09:46+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.efk.admin.ch\/wp-content\/uploads\/test\/palais.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"750\" \/>\n\t<meta property=\"og:image:height\" content=\"500\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.efk.admin.ch\\\/en\\\/audit\\\/loan-to-swissair-schweizerische-luftverkehr-ag-audit-of-the-swissair-loan-settlement-final-report-following-the-conciliation-procedure-between-the-federal-office-of-civil-aviation-the-federal-fin\\\/\",\"url\":\"https:\\\/\\\/www.efk.admin.ch\\\/en\\\/audit\\\/loan-to-swissair-schweizerische-luftverkehr-ag-audit-of-the-swissair-loan-settlement-final-report-following-the-conciliation-procedure-between-the-federal-office-of-civil-aviation-the-federal-fin\\\/\",\"name\":\"Audit of the Swissair loan settlement - 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