Swisscargo, the airfreight company of Swissair Group and currently under creditor protection, will be terminating all its operational business definitely by March 31, 2002.As a consequence of the creditor protection granted since December 8, 2001 and the fact that the remaining medium and long-haul flights of Swissair will be taken over by Crossair as of the Summer Timetable 2002, Swisscargo is going to terminate operations by the end of March 2002.
Crossair interested in a continued airfreight offer: In order to preserve the moratorium assets after the termination of operations, Swisscargo is legally forced to end all remaining working contracts by latest March 31, 2002. This will be affecting 153 employees in Switzerland and 287 abroad. According to Crossair, the airline "is interested in establishing an own cargo division". Swisscargo supports this decision and assumes that a realization of such a solution will consider a huge number of the employees of the current Swisscargo organization.

Separately, effective January 15, 2002, Crossair assumed commercial responsibility for most of the European routes formerly operated by Swissair.

The European flights (from Zurich to Paris Charles de Gaulle, Nice, London-Heathrow, Vienna, Rome, Istanbul, Stockholm, Bucharest, Prague, Oslo, Barcelona, Madrid, Malaga, Lisbon, and Porto, as well as from Geneva to London-Heathrow) will, for this reason, be published with a Crossair flight number, with immediate effect. Exceptions are the flights to Athens, Moscow, Kiev, Pristina, Tripoli, and Benghazi, which will receive a Crossair flight number at a later date, but which, in the meantime, will retain Swissair flight numbers.