Swissair AG/S. A. was the national airline of Switzerland between its founding in 1931 and bankruptcy in 2002. It was formed from a merger between Ad Astra Aero. For most of its 71 years, Swissair was one of the major international airlines and known as the "Flying Bank" due to its financial stability, causing it to be regarded as a Swiss national symbol and icon; the airline thrived into the 1980s when it was one of the "Seven Sisters" of Western European commercial aviation. It was headquartered in Kloten. In 1997 the Swissair Group was renamed SAirGroup, with four subdivisions: SAirlines, SAirServices, SAirLogistics, SAirRelations. Burdened by over-expansion as a result of the controversial “Hunter Strategy” in the late 1990s and after the economic downturn following the September 11 attacks, Swissair's assets lost value, grounding the already-troubled airline in October 2001; the airline was kept alive until 31 March 2002 by the Swiss Federal government. On 1 April 2002 former regional subsidiary Crossair renamed itself Swiss International Air Lines and took over most of Swissair's routes and staff.
Today, Swissair Group still is in the process of being liquidated. Swiss International Air Lines was taken over by the German airline Lufthansa in 2005. On March 26, 1931, Swissair – Schweizerische Luftverkehr AG was founded through the fusion of the airlines Ad Astra Aero and Balair; the founding fathers were the Swiss aviation pioneer Walter Mittelholzer. In contrast to other airlines, it did not receive support from the government; the name "Swissair" was the proposal of Dr. Alphonse Ehinger, president of the directorial board of the Balair, although "Swissair" was first deemed "un-Swiss". In the first operational year, 64 people were employed including ten pilots, seven radio operators, eight mechanics. In total, their planes offered operation was maintained only from March to October; the route network had a length of 4,203 kilometres. On April 17, 1932, Swissair bought two Lockheed Orions, making them the second European airline to use American planes, after the Czechoslovak operator CSA purchased a Ford Trimotor in 1930.
The Orion was the fastest commercial airplane of its time and was put to use on the "Express line", Zurich-Munich-Vienna. This led Lufthansa to ask Heinkel for a model that could top Orion's speed, leading to the Heinkel He 70. In 1933, the first trans-Alpine route was introduced in 1933: Zurich-Milan. For the first time in Europe, flight attendants were employed aboard the Curtiss Condor beginning in 1934. Nelly Diener, the first flight attendant of Europe, became world-famous, she lost her life after just 79 flights in a crash near Wurmlingen, Germany, on July 27, 1934. The cause of the crash was material fatigue. In 1936, Douglas DC-2s were acquired and London was added to the route network. In 1937, the bigger Douglas DC-3 was bought. In the same year, both founding fathers died: Walter Mittelholzer during mountaineering in the Steiermark and Balz Zimmermann succumbed to an infectious disease. On August 27, 1939, days before World War II broke out, the airspace over Germany and France was closed.
Swissair was forced to suspend service to Amsterdam and London. Two days Swissair service was closed completely. Of 180 employees, 131 had to serve in the army. In spite of the war, some routes were re-introduced, such as Munich, Berlin and Barcelona. In 1940, an invasion of Switzerland was feared, Swissair moved their operations to the Magadino plains in Ticino. Operations were suspended definitively in August 1944, when a Swissair DC-2 was destroyed in Stuttgart during an American bombing raid. On July 30, 1945, Swissair was able to resume commercial aviation. In 1947 the rise of shareholder capital to 20 million Swiss francs enabled long haul flights to New York, South Africa, South America with Douglas DC-4s; the modern Convair 240, the first Swissair plane with a pressurized cabin, was used for short- and medium-range flights from late 1948. The first Swissair DC-4 flight to New York was routed via Shannon and Stephenville, Newfoundland, on May 2, 1947, although it ended in Washington, D. C. due to fog at New York's LaGuardia Airport.
The total elapsed time was 55 minutes. The public, including the federal government, the states of Switzerland, the Swiss Federal Railways, the Swiss postal services took over 30.6% of the shares and enabled Swissair to get a credit of 15 million Swiss Francs to purchase the airline's first two Douglas DC-6B airliners for delivery in 1951. By that act, Swissair became the national flag carrier of Switzerland; the new pressurized aircraft were to replace the DC-4 on transatlantic routes. In 1948, the airport in Dübendorf, which served as the base of Swissair, was relocated to Zurich-Kloten. Military aviation continued in Dübendorf; the next year Swissair plunged into a financial crisis due to a sudden devaluation of the British Pound because fares, except traffic to the United States, were calculated in British currency. At that time, the traffic to England made up 40 percent of Swissair's revenue. In June 1950, Walter Berchtold, manager of Swiss Federal Railways, was elected to the directorial board of Swissair and served as the director.
Until 1971, he created the corporate culture of Swissair. He grasped the importance of corporate image and corporate identity, after the example of BOAC's
Take Wing was an American Thoroughbred gelding racehorse claimed for $3,000 and who would earn more than $160,000 for new owner Clyde Troutt and set a new North American record for a mile and three-sixteenths on turf. Take Wing was sired by Chicle, the Leading sire in North America in 1929 and the Leading broodmare sire in North America in 1942. Take Wing's dam was a daughter of a multiple race winning full brother to Man o' War. Trainer Clyde Troutt claimed Take Wing in early July 1942 and won the Stars and Stripes Handicap at Arlington Park in a time, just 1/5 of a second off the track record. For his win, the $3000 horse earned his new owner $8,600. Still racing at age nine, Take Wing set a new North American record of 1:55 1-5 for a mile and three-sixteenths on turf at Washington Park Racetrack in winning the Meadowland Handicap for the third time. Following his retirement from racing, Take wing was used as a lead pony for owner-trainer Clyde Troutt
The Men's 1500 metres event at the 2013 European Athletics U23 Championships was held in Tampere, Finland, at Ratina Stadium on 13 and 14 July. 14 July 2013 Intermediate times: 400m: 1:02.45 Pieter-Jan Hannes Belgium 800m: 2:05.83 Pieter-Jan Hannes Belgium 1200m: 3:03.30 Damian Roszko Poland Qualified: First 4 in each heat and 4 best performers advance to the Final 13 July 2013 / 11:00 Intermediate times: 400m: 59.85 Alberto Imedio Spain 800m: 2:01.82 Alberto Imedio Spain 1200m: 3:01.13 Pieter-Jan Hannes Belgium 13 July 2013 / 11:10 Intermediate times: 400m: 1:00.44 Bryan Cantero France 800m: 2:02.89 Bryan Cantero France 1200m: 3:01.71 Bryan Cantero France According to an unofficial count, 24 athletes from 16 countries participated in the event