Swiss Skies, a proposed low cost long haul airline to be based at EuroAirport Basel/Mulhouse/Freiburg , is seeking USD100 million in financing for launch by mid 2019. The company would operate a fleet of A321neo or A321LR aircraft with around 190 seats.
The airline expects to have a cost base 30% lower than established network carriers and to be profitable in its third year — with margins comfortably in excess of industry averages.
As well as the US, the airline plans to add destinations in the Caribbean, Asia, Middle East and Brazil from a handful of European departure points.
Swiss Skies will cut costs further by using just one type of aircraft, the new long-range Airbus A321neo with about 190 seats passengers and a range of 7,500km. The business plan envisages 16 aircraft by the second year of operation, and 38 by the fourth.
I think this is great for Basel (LFSB) because there is almost no international flights to America. The only one is to Canada.
I hope it works out as it has not been the best for aviation recently with quite a few airlines going bankrupt.
It will have to be cheap because SWISS operates out of Zürich and it only takes 50min to get from Basel to Zürich airport and if it is not cheaper than SWISS people will just go to Zürich.
I am excited as I live close to Basel and Work in Basel. I might be able to fly on this airline if it gets the funding they need. And who knows maybe I might start my dream job there.