Editing Swiss International Air Lines (section)

=== COVID-19 losses and bailout ===
Swiss was severely affected by the [[COVID-19 pandemic]]. It reported revenues for 2020 of CHF 1.85 billion, which were 65.2% below its prior-year level.<ref>{{Cite web |date=4 March 2021 |title=SWISS reports substantial loss for 2020 owing to pandemic |url=https://swiss.newsmarket.com/english/press-releases/swiss-reports-substantial-loss-for-2020-owing-to-pandemic/s/0e121c18-80ca-4d9d-8b04-2b83c072ff1f |access-date=26 June 2024 |website=Newsroom |language=en}}</ref>

In August 2020, Swiss received a CHF1.5 billion ($1.65 billion) state-backed loan from the Swiss government to weather the pandemic. The use of Swiss state funds was criticized by some commentators because Swiss is a fully-owned subsidiary of German airline Lufthansa, making questions regarding its survival the responsibility of the German government, which had similarly lent a helping hand to Lufthansa during the pandemic.<ref>{{Cite web |last=swissinfo.ch |first=S. W. I. |date=18 August 2020 |title=Germany gives green light to Swiss airline bailout |url=https://www.swissinfo.ch/eng/business/germany-gives-green-light-to-swiss-airline-bailout/45974796 |access-date=26 June 2024 |website=SWI swissinfo.ch |language=en-GB}}</ref>

On 18 November 2020, it was announced that Dieter Vranckx would assume the position of CEO as of 1 January 2021. Vranckx has 20 years of experience within the Lufthansa Group and has been CEO of Lufthansa Group member [[Brussels Airlines]] since the start of 2020.<ref name="avpro18nov2020">{{cite web|url=https://www.aviationpros.com/aircraft/business-general-aviation/press-release/21163315/swiss-international-air-lines-dieter-vranckx-appointed-as-swisss-new-ceo|title=Dieter Vranckx appointed as SWISS's new CEO|publisher=Aviation Pros|date=18 November 2020|access-date=24 November 2020|archive-date=18 November 2020|archive-url=https://web.archive.org/web/20201118220644/https://www.aviationpros.com/aircraft/business-general-aviation/press-release/21163315/swiss-international-air-lines-dieter-vranckx-appointed-as-swisss-new-ceo|url-status=live}}</ref>

In June 2024, it was announced that Vranckx would step down by the end of the month and be replaced by German national and [[Lufthansa CityLine]] Managing Director, Jens Fehlinger.<ref name="auto">{{Cite web |last=swissinfo.ch |first=S. W. I. |date=28 June 2024 |title=SWISS appoints Jens Fehlinger as new CEO |url=https://www.swissinfo.ch/eng/swiss-made/swiss-appoints-jens-fehlinger-as-new-ceo/82063356 |access-date=6 July 2024 |website=SWI swissinfo.ch |language=en-GB}}</ref> Fehlinger will assume office in October 2024, and until then Swiss will be temporarily led by Head of Commercial, Heike Birlenbach. Dieter Vranckx transferred to the executive board of parent company Lufthansa on 1 July 2024, and remains with Swiss as vice chairman of its board of directors.<ref name="auto"/>