Lufthansa’s Swiss May Split Into Two Units, Handelszeitung Says

Deutsche Lufthansa AG (LHA) unit Swiss may be split into two companies, one serving long-haul routes and the other European traffic, Handelszeitung said in an e-mailed report, citing an internal strategy document from the airline.

The new short-haul business might be based outside Switzerland in a European Union country, the newspaper added.

“This is an internal concept paper and absolutely no decisions have been taken,” Susanne Muehlemann, a spokeswoman for Swiss, said by telephone from Zurich, adding that the story amounted to a “misinterpretation” of the document.

To contact the reporter on this story: Paul Verschuur in Zurich at pverschuur@bloomberg.net

To contact the editor responsible for this story: Mariajose Vera at mvera1@bloomberg.net

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