Swissair says it will cut 9,000 jobs and offer reduced-price tickets in an effort to lure more customers.
Swissair chief executive Mr Mario Corti told an employees’ assembly about the job cuts, which will apply to the 71,000 staff worldwide.
Spokesman Mr Rainer Maier said the meeting was "very emotional" and that the 2,500 employees who had gathered in an airport hangar to hear Mr Corti greeted him with a standing ovation and chants of "Corti, Corti".
Mr Corti assured the workers that their salaries were secure through October, said Mr Maier.
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Employee demonstrations have previously backed Mr Corti and credited him with trying to save the airline.
AP