Factors behind collapse Like other airlines that flew to the United States, Swissair's operations and profitability were disrupted in the wake of the terror attacks against the United States. Several politicians were among those included on Swissair's Board of directors, and commentators have pointed to potential conflicts of interest as fundamental to the demise of Swissair. Media have also suggested that the directorial board failed to oversee the actions of Philippe Bruggisser (Chief Operating Officer since 1996) and Eric Honegger (board member since 1993 and later board president) and that they left behind a convoluted corporate structure and financial commitments—amongst others, a further purchase of 35.5 per cent of Sabena's stock—which would only come to light when Mario Corti was trying to save the airline.
Factors behind collapse Like other airlines that flew to the United States Swissair's operations and profitability were disrupted in the wake of the terror attacks against the United States Several politicians were among those included on Swissair's Board of directors and commentators have pointed to potential conflicts of interest as fundamental to the demise of Swissair Media have also suggested that the directorial board failed to oversee the actions of Philippe Bruggisser (Chief Operating Officer since 1996) and Eric Honegger (board member since 1993 and later board president) and that they left behind a convoluted corporate structure and financial commitments—amongst others a further purchase of 355 per cent of Sabena's stock—which would only come to light when Mario Corti was trying to save the airline