ZURICH (Reuters) - The Swiss government is working primarily with UBS Group (S:UBSG) and Credit Suisse (S:CSGN) on a nearly 1.9 billion Swiss franc ($1.95 billion) package of state-backed loans for the coronavirus-hit aviation sector, it said on Wednesday.
The government held tough negotiations with German airline group Lufthansa (DE:LHAG) on maintaining levels of service and jobs before agreeing the package, with includes help for Lufthansa group carriers Swiss and Edelweiss, President Simonetta Sommaruga told a news conference in Bern.